In time this might force sellers to slash their margins and discount obsolete products languishing in inventories as buyers await the arrival of new versions.
He has been collecting ideas from government departments about how they might slash up to 40% more from their budgets by 2019-20, and will reveal where the axe will fall in his spending review on 25 November.
So maybe the next time some smug car owner rrasks me how I get by taking the bus with all those people, I just might have to take a direct action and slash their tires.
S&P has said that all are likely to be cut to single A, but that it might slash British Telecom to A- and Deutsche Telekom to BBB+.That would leave their bonds still classed as "investment-grade", but it would be a breathtaking drop.
Speaking of St. Emilion, scientists, aware that most human beings don't have the discipline to slash their calorie intake by almost a third, have been looking for substances that might mimic the effects of caloric restriction.
At least one producer, Iran, has said the group might slash production even further to push up prices.
A phase-in, which most analysts consider unavoidable, might slash $300 billion from the revenue pot, leaving roughly $1.7 trillion, just over what the White House seeks.
But one board official said the chancellor might slash about $100 million from the program's $176 million budget as part of an overall belt tightening.
To eliminate the excess inventory quickly, it might slash production to 70 for the next month, then bump production back up to 90.
The cumulative effect of the sequester and the tax deal struck in January might slash economic growth by as much as 1.25 percentage points — from a growth rate that otherwise might have been more than 3 percent — in 2013, economists estimate.
