Most of the bottles Closed Loop is currently recycling would otherwise have been shipped to China to be transformed into lower-grade plastic for cheap hard hats, artificial fleeces and the like.
Cheap labour may make Chinese clothing competitive in America, but if delays in shipment lie up working capital and cause winter coats to arrive in spring, trade may lose its advantages.
The WHO also points out that 2.6 billion people around the world lack access to a latrine that is not overflowing, that is affordable and that has a tap nearby to wash hands.
In 1959, when I was seven years old, my father went missing under mysterious circumstances; several weeks later, we received word that he was in Paris, living in a cheap hotel in Montparnasse.
After German U-boats torpedoed numerous British ships, a 2,700-strong fleet of cheap- and-cheerful "Liberty ships" was introduced to replace the lost vessels, providing a lifeline for the 29 British.
Still, Walmart will probably struggle with same-store sales growth as long as the recession continues to hurt low-income shoppers, the company 's bread and butter consumer group.
Money that had been raised to buy distressed assets was also switched into safer ones when it became clear that bargain properties were not coming to market in great numbers (of which more below).