11.   At the dawn of this new worldwide regulatory machinery, it is premature to predict its impact.

12.   Automakers often have to shut down plants or slow production to install new machinery needed to build new or redesigned models.

13.   Because the harvest was poor last year, few farmers could afford new machinery this year.

14.   A bill passed exempting GM from sales taxes on new machinery and equipment and the cost of installing it.

15.   A good thing, since lending limits to state enterprises has left that sector without enough money to pay workers, let alone buy cars or new machinery.

16.   A sharp decline in capital spending for new machinery and computers has resulted in layoffs and hiring freezes at companies that make this equipment.

17.   But its equipment is decades old, and it has little money to purchase new machinery.

18.   But without the prospect of rising profits, companies are unlikely to revive investment in new machinery, computers and the other tools of production.

19.   Companies borrow, for example, to buy new machinery and computers, and then pay off the debt from revenue the new equipment produces.

20.   Despite the new machinery, the Daily has a typical cluttered newsroom with old computers, tiny desks and hot, cramped work spaces.