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...largely unregulated Chinese factories. Classified by many countries as "health food"?rather than as pharmaceutical products, which must pass rigorous safety tests before they can be marketed?the concoctions are readily imported and sold in Asian pharmacies and natural-medicine shops, even in beauty parlors and spas. Indeed, Asians tend to trust Chinese medicines as natural and safe dietary shortcuts based on 3,000 years of trial and error. Ancient Chinese apothecaries, however, never treated obesity. Lacking a time-tested herbal cure, Chinese drugmakers are lacing their products with artificial chemicals. "These slimming pills are registered as herbal medicines...
...doughnut shop in town as something less than newsworthy. "In Europe they may not have people sleeping in the streets waiting for the stores to open," says Kathleen Heaney, an analyst at Brean Murray & Co. And unlike Americans, who enjoy starting the day with sweet cakes, Europeans' breakfast tastes tend toward the savory. After all, a British breakfast tradition is a kipper, a smoked herring. Waugh insists it's wrong to consider Krispy Kreme doughnuts merely a morningtime food. "That's the great thing about our product, they can be eaten throughout...
Europeans tend to think of doughnuts as being leaden and greasy, and easily bypassed in favor of a flaky croissant or a properly made scone slathered in fresh cream and strawberry jam. Consider Dunkin' Donuts, owned by the British beverage company Allied Domecq. It doesn't release separate figures for its European shops, but they're not considered a success. "I'd be amazed if Dunkin' Donuts makes any money at all in Europe," says Andrew Holland, an ABN AMRO analyst in London. Indeed, Dunkin' Donuts closed its last U.K. outlet earlier this year. But the quality of Krispy Kreme...
...relatively disconnected from conditions in the U.S. In a period of weakness for the U.S., the best foreign funds will be those that own shares of local companies that don't do a lot of business in the States. These funds, like Pioneer Emerging Markets and Dreyfus Emerging Markets, tend to have a small-company focus...
...markets the term weddingmoons. A decade ago, only 3% of couples wed abroad, but that number is 8% and rising, according to the Conde Nast Bridal Group. What's the draw? The weddings are memorable without being huge drains on money and time. That's because the weddings tend to be small: only really close friends will fly that far for you; your least favorite relatives will probably stay away. The average number of guests is under 50, but "we get a lot of couples whose guests lists are from four to 18," says Barbara Seiler of Weddings the Island...