OOD DAY FOR: The next small thing, after Indian automaker Bajaj, France’s Renault, and Japan’s Nissan announced plans to jointly make a small car, starting at $2,500, for the Indian market. The car, code-named ULC, will go head to head with Tata Motors’ $2,500 Nano model. “Bajaj is getting into this because there is a huge market opportunity here,” said analyst Ashutosh Goel at Edelweiss Capital. (Bloomberg)
BAD DAY FOR: Liquid assets, after the storied Credit Municipal of Paris, the city-owned pawnshop dating back to 1777, started accepting bottles of wine. The Credit Municipal, commonly known as “auntie,” accepts objects worth between about $93 and $3 million. (Los Angeles Times, free registration)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
- Why is American internet so slow?
- 7 ways to be the most interesting person in any room
- What would a U.S.-Russia war look like?
- What the collapse of the Ming Dynasty can tell us about American decline
- Colorado’s new ‘drive high, get a DUI’ commercials are actually pretty clever
- 22 TV shows to watch in 2014
- Who are the real gay marriage bigots?
- Don't worry: World War III will almost certainly never happen
- Ukraine's fraught relationship with Russia: A brief history
- Sorry Belle Knox, porn still oppresses women
Subscribe to the Week