Business Class. (Editor's Note).American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the executive Peter J. Dolara, a Uruguayan, led the U.S. airline industry's charge into Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. and the Caribbean more than a decade ago, proving that millions could be made flying the region's skies. American, United, Delta and Continental are slashing staffs and flights everywhere now-except in Latin America. As this month's cover story shows, Dolara's still right: serving Latin America means profits. The rub? U.S. airlines will get as much as US$15 billion in a bailout from their government but few Latin carriers will see a peso. U.S. airlines suffered unexpected hardship following the Sept. 11 terrorist attacks, hut Washington's cash assistance smacks of the same protectionism that U.S. trade officials charge of governments south of the border. More U.S. industries want to jump on the bailout bandwagon. Big U.S. steel The United States Steel Corporation (NYSE: X) is an integrated steel producer with major production operations in the United States and Central Europe. The company is the world's seventh-largest steel producer ranked by sales (see list of steel producers). warns of national security risks if foreign companies, including those in Brazil and Mexico, keep "dumping" products on the United States. Can U.S. textile producers be far behind? For Central America, a U.S. patriotic pep rally could not come at a worse time. As our Investment Guide shows, the region now exports to the United States more than it imports-thanks in no small measure to hard-won tariff relief for its textiles. Backtracking (algorithm) backtracking - A scheme for solving a series of sub-problems each of which may have multiple possible solutions and where the solution chosen for one sub-problem may affect the possible solutions of later sub-problems. inside the Beltway "Inside the Beltway" is a phrase used to characterize parts of the real or imagined American political system. It refers to the Capital Beltway (Interstate 495), a beltway that encircles Washington, D.C. would add to the isthmus's dual challenges: slow growth and collapsing commodity prices. Dolara and American Airlines changed the face of Latin American aviation through hard work, not handouts. To their credit, the region's governments responded to failing local airlines with open skies, not restrictions on foreign carriers. With its core values under siege, the United States should redouble re·dou·ble v. re·dou·bled, re·dou·bling, re·dou·bles v.tr. 1. To double. 2. To repeat. 3. Games To double the doubling bid of (an opponent) in bridge. v. efforts to promote integration, not retreat into isolation. Mike Zellner |
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