Harley-Davidson motorcycles recently took to the roads in New Delhi, as the US company entered the world's second-biggest two-wheeler market two years after a mangoes-for-machines trade agreement with the Indian government.
The United States government's decision not to allow General Motors to sell its European automobile division to a Russian combination that included interests of oligarch Oleg Deripaska is a powerful, definitive, and public message.
A proposed highly polluting lignite mine and power station in northwestern Laos would feed power to Thailand while threatening to kill local tourism and the elephants that are an important attraction. Yet it is the jumbos, if properly husbanded, that could be more lucrative than the mine, with the income staying in Laos.
The parallels between the bailouts of General Motors and the general US consumer are striking. Leaving the main problem unaddressed and granting special competitive privileges to a select few, the bailouts will end up distorting the automotive industry as well as the general economy.
The expansion of China's fishing fleet far beyond its depleted home waters raises foreign policy, international security and environmental issues that cannot be neglected by United States policymakers, while also offering opportunities for closer cooperation between the two countries.
Chrysler and General Motors - perhaps only hours away from bankruptcy - are likely to be given US$15 billion of the government's money in short-term loans. Ford has a bit more breathing space. The journey to this point has been a roller-coaster one, characterized by crucial blunders, such as Detroit ignoring the threat from foreign automakers, especially Japan's. Yet the forces that have dragged the Big Three this far are also a reflection of the society in which they developed and in which they now struggle for survival.
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