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Article: NEWSWEEK International Editions: Highlights and Exclusives, May 26 - June 2, 2008 Special Double Issue
- Article from:
- U.S. Newswire
- Article date:
- May 18, 2008
CopyrightCopyright 2008 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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To: FOREIGN EDITORS
Contact: Brenda Velez, +1-212-445-4078,
Brenda.Velez@Newsweek.com, or Grace Huh, +1-212-445-5831,
Grace.Huh@Newsweek.com
COVER: Unsinkable Luxury. (All overseas editions). European
Economics Editor Stefan Theil reports that the superwealthy, and the
businesses that serve them seem, to be above the economic crunch
that is impacting the rest of the world. According to a February
survey by Prince & Associates, while average consumers said they
planned to cut back on shopping, 80 percent of the richest Americans
- those worth $10 million or more - actually planned to increase
their luxury spending.
http://www.newsweek.com/id/137480
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