Entries tagged "privatization"
U.K. Business Secretary Peter Mandelson faced Wednesday one of his most challenging days since being recalled to the Cabinet in October from his post as trade commissioner at the European Commission to proffer heavyweight assistance to Prime Minister Gordon Brown as the economy plunged into recession. ...
The name "Yugo" is more likely to elicit giggles than investment capital in the U.S. But the ongoing privatization of Serbian automaker Zastava, the current incarnation of the one-time Yugoslavian state automaker, shows that there is some value in a brand oft-scorned in the U.S. -- Time magazine once declared the Yugo one of the worst cars of all time. ...
