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首页 [经济学人2005].The.Economist.-.2005-04-23.pdf

[经济学人2005].The.Economist.-.2005-04-23.pdf

[经济学人2005].The.Economist.-.2005…

上传者: 刹那芳华的爱 2012-02-21 评分1 评论0 下载15 收藏0 阅读量764 暂无简介 简介 举报

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itsmutualstatusSeearticlePernodRicard,theworld'sthirdlargestspiritsfirm,isteamingupwithFortuneBrandstobuyAlliedDomecq,thesecondbiggestdistiller,foraround$billioninstockandcashSeearticleTheworld'sbiggestcarmaker,GeneralMotors,lost$billioninthequarter,itsworstquarterlylosssinceItalsoabandoneditsprofitforecastfortheyearFordMotorsaidquarterlynetincomefellbyto$billionSeearticlePfizer,theworld'slargestdrugmaker,saidquarterlyearningsdroppedbyto$m,duetoataxchargeandcoststosuspendsalesofadrugMeanwhile,EliLillyreportedanincrease,earning$mJohnsonJohnsonannouncedrecordprofitsandsales,andRocheHoldingpostedajumpinquarterlyrevenueAmerica'sSupremeCourtheardargumentsthisweekinacasebetweenMerck,aGermandrugfirmunrelatedtotheAmericancompany,andIntegraLifeSciences,amedicaldevicefirm,overtheleewayresearchershavetousetechnologieswithoutinfringingpatentsSeearticleTimeWarnerandComcast,America'stwobiggestcabletelevisionfirms,agreedtobuytheirfifthlargestrival,bankruptAdelphiaCommunications,for$billionTheirofferbeatalastminutebidfromCablevision,asmallercableTVcompanyViacomsaidquarterlyprofitfellbyalmostto$monlowerrevenueatitsCBStelevisionunit,butthecompanycitedarevenuegaininitscablenetworksdivisionViacomreiterateditisconsideringabreakupintoabroadcastTVentityandcableunitsAdobeSystemssaiditwillacquireMacromediafor$billioninstock,adealthatunitestwoofthelargestdigitaldocumentandonlinepublishingfirmsAdobe'sPDFformatisastandardfordocumentsoncomputers,andMacromediamakes“flash”animationforwebpagesLookingchipperThechipmakerIntelsaidquarterlyprofitsrosebyaroundto$billiononrevenueof$billion,asignofincreaseddemandforhigherendcomputersThefirmalsoraiseditsprofitmarginexpectationsSeearticleEbay'sfirstquarterprofitsroseto$monrevenueof$billiononstronginternationalsales,whichmaysoonsurpassthoseinAmericaConradBlackresignedasbossofRavelston,aprivatefirmthroughwhichheranhismediaempireuntilarevoltinonepartofit,HollingerInternational,byminorityshareholdersRavelstonisseekingbankruptcyprotectionUSAirwaysisreportedlyinmergertalkswithAmericaWesttocreateanationallowcostairlineAmergercouldbethefirststepinairlineindustryconsolidationContinentalAir'squarterlylosswidenedto$mduetofuelcostsandcompetitionRoyalDutchShellGroupissellingitsinterestinthepowerplantInterGenfor$billiontotheprivateequityarmsofAmericanInternationalGroupandtheOntarioTeachers'PensionPlanJPMorganChase'snetincomerosebyto$billionandrevenueincreasedbyinthequarterboostedbyitsacquisitionofBankOneBankofAmericahitrecordquarterlyearningsof$billion,upby,thanksinparttoitsacquisitionofFleetBostonaswellastradinggainsHopespringseternalRAG,aGermanminingconglomerate,appliedtoopenacoalmineinNorthRhineWestphaliathatwouldcreate,jobsandproducemtonnesayearSomebelievetheplanismotivatedbystateelectionsinMay,becausebymostestimatesitcostsmoretoproducecoalinGermanythanitsmarketvalueChina'sgrossdomesticproductgrewbyinthequartercomparedtoayearearlier,fuelledbysurgingdomesticdemandAmongthegainswasagrowthininvestmentinfixedassetsSeearticleNewhousingstartsinAmericaplungedby,thebiggestmonthlydropinmorethanyears,accordingtotheCommerceDepartmentThefallfuelsfearsthatthehousingboommaybeslowingSeearticleUpanddownAmerica'sconsumerpriceindexjumpedbyalargerthanexpectedinMarch,increasingworriesaboutinflationThegain,thelargestinfivemonths,suggestscompaniesarepassingalonghighercostsofenergyandothercommoditiesSeearticleCopyrightTheEconomistNewspaperandTheEconomistGroupAllrightsreservedPoliticsthisweekAprstFromTheEconomistprinteditionNewpopeTheconclaveofcardinalselectedanewpope,CardinalJosephRatzinger,whotookthenameBenedictXVIThechoicepleasedtraditionalistsbutdismayedliberals:CardinalRatzinger,anarchconservativeGerman,wasJohnPaulII'schieftheologicalenforcerSeearticleSilvioBerlusconiresignedasprimeministerofItaly,withtheaimofreformingagovernmentwiththesamecentrerightpartiesThekerfufflewastriggeredbythecentreright'sappallingperformanceinrecentregionalelectionsSeearticleIntheBasquecountry'sregionalelection,themoderatenationalistrulingpartylostgroundandtheSocialistsgainedseatsTheSpanishgovernmenthailedtheelectionassignallingtheendofmovestowardsBasqueindependence,thoughitalsosaiditwaswillingtokeepnegotiatingwiththeBasquesSeearticleInCyprus,TurkishCypriotsreturnedMehmetAliTalataspresidentinplaceoftheveteranobstructionist,RaufDenktashMrTalatiskeenonreunificationoftheisland,buthisGreekCypriotcounterpart,TassosPapadopoulos,isnowtheintransigentpartySeearticleBickeringwithintheFrenchgovernmentoverthefalteringcampaignforayesvoteinitsEUreferendumintensifiedwhenDominiquedeVillepin,theinteriorminister,suggestedthatFrancemightneedanewprimeminister(eg,himself)JeanPierreRaffarin,theincumbent,latersaidthathehadbroughtMrdeVillepinbackintolineSeearticlePowersharingNearlythreemonthsafterageneralelection,Iraq'sprimeministerdesignate,IbrahimalJaafari,waspoisedtoappointagovernmentinwhichShiaandSunniArabsandKurdsshareoutthetopjobsTheoutgoinginterimprimeminister,IyadAllawi,narrowlyescapedassassinationbyasuicidebomberAPInoneoftheworstclashesinAfghanistaninrecentmonths,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theUN'sKyotoprotocolonclimatechangemightseemavictoryforEurope'sgreens,butitactuallymasksalargerfailureThemostpromisingaspectofthetreatyitsinnovativeuseofmarketbasedinstrumentssuchascarbonemissionstradingwasresistedtoothandnailbyEurope'sgreensWithcourageousexceptions,AmericangreengroupsalsoremaindeeplysuspiciousofmarketforcesIfenvironmentalgroupscontinuetorejectpragmaticsolutionsandinsteaddrifttowardUtopian(ordystopian)visionsofthefuture,theywilllosethebattleofideasAndthatwouldbeapity,fortheworldwouldbenefitfromhavingathoughtfulgreenmovementItwouldalsobeironic,becausefarreachingadvancesarea

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