Word: 1990s
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...look at this against a backdrop of a common and distressing problem that affects 1 of 10 women and for which no treatment exists, well, we are feeling very positive," said Michael Sand, director of clinical research for Boehringer Ingelheim, which originally developed the drug, flibanserin, in the 1990s as an antidepressant. (The drug proved not to work for depression...
...when China linked its currency to the dollar in the early 1990s, it was out not to create trade surpluses but to carve out a bit of stability in turbulent global currency markets. During the emerging-market currency crises of 1997 and 1998, China's success in keeping the yuan fixed at 8.3 yuan to the dollar was applauded in the West as a major contribution to averting financial chaos. Since 2005, China has been willing to allow the yuan to appreciate a bit (the current exchange rate is 6.8 yuan to the dollar). It just hasn't been willing...
...reminiscent of the seemingly endless wrangles in the late 1980s and early 1990s with Japan, which accounted for the bulk of the U.S. trade deficit in those days. The trade deficit with Japan never shrank much in dollar terms, but it became smaller as a share of GDP starting in the mid-1990s, and was eclipsed by the trade imbalance with China in 2000 (in September the U.S. trade deficit with Japan was $4.1 billion, compared to $22.1 billion with China). The issue was never resolved, but it ceased to seem so important. Could that happen with China...
...vibrant, semilegal club scene. "The place still has an outlawish feel," says James Docwra, who works for an agency that books DJs. But in the transition from hippy to hip, some of the anarchy of earlier times has gone, particularly since the government moved from Bonn in the 1990s. Birkenstocks have made way for handmade $400 Trippen boots "that express an individuality not found in the traditional mass market," as the Berlin company's founders, Angela Spieth and Michael Oehler, put it. Especially in parts of Mitte, there's been a mini-invasion of BMWs and Mercedes in smartly restored...
...some of the best-known clubs - such as Berghain, which Britain's DJ Mag this year named as the world's best club - keep going until the following afternoon. There's always a risk that gentrification will spoil the vibe. One of the biggest haunts in the early 1990s was Tresor, a subterranean space near Potsdamer Platz. The club shut down when the area was turned into a giant shopping mall. The Love Parade, an annual techno festival that drew as many as a million people to the streets of Berlin every summer, took place for the last time there...