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...sales growth is in large part the fruit of geographical diversification by the company: it established a subsidiary in the U.S. way back in 1969 and opened an office in Japan eight years later. It's currently investing in facilities in the Czech Republic, Mexico and South Korea. "Our main competition used to be in the U.S., but it has disappeared there and now it's Japan," Leibinger-Kamm?ller says. Still, Trumpf uses its U.S. manufacturing operations as a springboard not just to the American market but also to Asia, where it exports part of its U.S. production. "Russia...
...stable, you're in a good position." Hollywood already adores Brits: Helen Mirren and Sacha Baron Cohen picked up top awards at Monday's Golden Globes, while a bunch of their compatriots are tipped for Oscar nominations on Jan. 23. Now Britain's film industry is a main attraction again...
...Peretz now stands to lose both his job as defense minister and his position as leader of the Labor Party, the main coalition partner of Olmert's Kadima party. Peretz, too, may choose to resign instead of waiting to be sacked. Most likely, says one Peretz aide, he will wait until after the official inquiry into the Lebanon debacle, the Winograd Commission, is completed next month. If the report blames Peretz, he will then resign or consent to be moved to a lesser cabinet post, his aides say. The defense portfolio would most likely go to one of Peretz...
...Recent and past history offers little reason to believe the Kurds and Shi'ites will back U.S. moves against Iranian influence in Iraq. Not only are the main Shi'ite parties traditionally far closer to Iran than they are to Washington, but the Kurds add a pragmatic rationale for seeking good relations with the Islamic republic. As Foreign Minister Zebari explained to CNN on Sunday, Iraq's leaders know they will have to "live with" Iran next door - whereas Washington's presence in Iraq is temporary. President Talabani appeared to signal his independence from U.S. foreign policy on Sunday when...
...order to start cutting France's enormous debt. Royal promptly begged to differ, noting her presidential platform contained no income tax increases. She argues that France's lofty tax scale already leaves average workers feeling their hard work is being penalized, and raising taxes could slow consumption, a main motor of French economic growth. But as in any good domestic spat, Hollande wasn't going to let his partner have the last word: He retorted Wednesday by noting the right's tax cuts had largely favored the wealthy to justify reiterating his pledge to reverse them. He tried to soften...