The Trump administration is contending with a diplomatic, economic and security challenge in Africa, where the U.S. is vying for influence with China.
Secretary of State Mike Pompeo neared the end of a three-country tour of Africa, where the Trump administration has pledged continued U.S. aid and called for greater private-sector involvement in the economy.
WSJ.COM
U.S. Vows Aid for Fast-Growing Ethiopia’s Private Sector
Selling down jackets in 27C weather. Uniqlo surprisingly successful in the Philippines.
Our futures will be filled with more stuff http://bit.ly/2dvqzvA
Secretary of State Mike Pompeo neared the end of a three-country tour of Africa, where the Trump administration has pledged continued U.S. aid and called for greater private-sector involvement in the economy.
WSJ.COM
U.S. Vows Aid for Fast-Growing Ethiopia’s Private Sector
Selling down jackets in 27C weather. Uniqlo surprisingly successful in the Philippines.
Our futures will be filled with more stuff http://bit.ly/2dvqzvA
Google is looking to change the way we use our smartphones with the release of the Pixel and Pixel XL. The smartphones boast one of the best ever cameras, unlimited photo storage and a battery that supposedly lasts all day. The Pixel XL claims its 3,450 mAh battery offers 32 hours of 3G/WCDMA talk time and up to 23 days of standby time. A flight from Mumbai, Maharashtra, India to New York City, New York averages about 16 hours nonstop. This means if you were able to talk on the phone during a flight, you could talk on the Pixel XL for the entire round trip flight before your battery died.
China Jails Software Pirates
A Chinese court sentenced four people to prison and levied roughly $1.6 million in fines against them for software copyright infringement.
One Merckle business, Spohn Cement, was based in the north German village of Norderfriedrichskoog, population 40. Its only commercial relevance was, for many years, its low municipal business levy.
U.S. Short-Selling Rules Loom for Firms
The U.S. crackdown on short-selling has brokerages racing to put in new controls before the rules take effect Monday. The mechanics of the rules and charges likely to be levied for extra legwork are still being discussed.
Google Vies for Shoppers
Google is stepping up efforts to compete in Web comparison shopping, as it seeks to grab more of a market dominated by players like Amazon.com and eBay.
Detroit Revival Vies With Industry’s Decline
By MICHELINE MAYNARD and NICK BUNKLEY
Even as Detroit shows encouraging signs of life, the automobile industry, the city’s life force, faces further declines in the coming year.
selldown
ˈsɛldaʊn/
noun
AUSTRALIAN/NZ
noun: sell-down
- the widespread selling of shares, resulting in falling prices.
Verb[edit]
sell down (third-person singular simple present sells down, present participle selling down, simple past and past participle sold down)
- (intransitive, Britain, business) To become less by being sold.
- Don't order any potato cakes for 3 days while what we have sells down.
- (transitive, Britain, business) To reduce by selling.
- Don't order any potato cakes for 3 days while we sell down our stocks., or
- Don't order any potato cakes for 3 days while we sell our stocks down.
vie
1.
to strive in competition or rivalry with another; contend for superiority:
Swimmers from many nations were vying for the title.
IN BRIEF: To work to beat another.
[動](vied, vy・ing)(自)〈競技者・企業が〉(相手と)競う((with ...));(…をめざして)争う((for ..., to do));(…の点で)はりあう((in ...))
He vied with me for (the) first prize.
彼は私と1等賞を競った.
[古フランス語←ラテン語invitāre(招待する). △INVITE]
The two teams will vie against each other for first place in the league.
levy
noun [C]
an amount of money, such as a tax, that you have to pay to a government or organization:
They imposed a 5% levy on alcohol.
levy
verb [T]
A new tax was levied on consumers of luxury goods.
legwork
noun [U] INFORMAL
the practical or boring work that needs to be done
Short Selling
The selling of a security that the seller does not own, or any sale that is completed by the delivery of a security borrowed by the seller. Short sellers assume that they will be able to buy the stock at a lower amount than the price at which they sold short.
sell yourself/sth short
to not value someone or something as much as they deserve to be valued:
Don't sell yourself short - you've got the skills and the experience.
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