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...called record. In 1998, at age 33, Lean Barry hit a respectable 37 home runs. Two years later, Bulked-Up Barry smacked 49, then a preposterous 73, followed by three more seasons of at least 45 dingers. His head has visibly swelled, an inflated noggin being a telltale sign of human-growth-hormone...
Germany is still far from being a freewheeling economy. It remains suspicious of Anglo-Saxon finance, for example, and has been seeking to curb the power of hedge funds. There's also little sign of substantive change in the historic--some say hide-bound--system of labor relations, under which unions are represented on the supervisory boards of companies. Kenneth Rogoff, a Harvard professor and former International Monetary Fund economist, sees Germany's improved fortunes as being largely the result of the private sector finding ways to bypass continuing structural roadblocks in the economy. The recovery "has legs," he says...
...clear. The changes brought about by corporate bosses and government policymakers have had an evident impact--BMW alone has whacked $1.2 billion from its cost structure over the past three years--but it'll be hard to sustain that pace. Global competition shows no sign of letting up. Toyota's Lexus is starting to make inroads into BMW's European turf, while at home, rival Audi is turning up the heat, and Mercedes looks like a formidable competitor once again, now that DaimlerChrysler has agreed to sell off Chrysler to a U.S. private-equity firm...
...biggest and most profitable car company, "is strongly process driven," he says. BMW, by contrast, "is more product driven--and I wouldn't want to bet on who will be more successful in 10 years." That's bravado, of course, but in itself such self-confidence is a sign that a new, more flexible Germany is bouncing back. HIGH PERFORMANCE With steady increases in production and profits fueling its stock surge, BMW has become the leading premium car brand [This article contains a chart. Please see hardcopy of magazine...
...Operation Soprano resulted in the conviction of the head of the Auckland-based Black Power Sindi chapter, Abraham Wharewaka, whose marijuana dealing operation netted $NZ35,000 a week. A rival Mongrel Mob chapter in the South Island became so bold as to sell cannabis from their clubhouse, posting a sign at the door...