Mexico hopes aerospace is globalization-proof
Mexico has felt the downside of globalization in recent years as cheaper Asian manufacturers of everything from electronics to auto parts have undercut the advantages provided by looser North American trade barriers. But Mexican officials have been banking on another sector they hope will put down deeper roots: The booming North American aerospace industry.
Salmon farms roil Chilean waters
Newcomers to Patagonia can't even make it out of the airport here without encountering a stunning view of sparkling Lake Llanquihue, with the snow-peaked cone of Osorno volcano rising in the background.
International Briefing
Parliament Friday approved Greece's tight 2008 budget, which aims to further cut the deficit through restrained spending and by raising more than $8.6 billion in additional taxes.
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