Word: arabized
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Dates: during 2000-2009
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...contemporary writer has done more to inform Western perceptions of Islam than Bernard Lewis. His seminal 1950 work, The Arabs in History, still holds up as one of the definitive accounts of the Arab world. Some of his more recent books have examined the rising anti-Western mood in the Islamic world. Coming after 9/11, What Went Wrong? The Clash Between Islam and Modernity in the Middle East and The Crisis of Islam Holy War and Unholy Terror seek to explain the roots of extremism. His take on these subjects has often been controversial; some scholars accuse him of being...
...Still, even amidst a global economic slowdown, the outlook for the Arab economies will remain sunny. As long as oil stays above $60 a barrel, governments won't have to cut their budgets, says John Sfakianakis, the chief economist at Saudi's SABB bank. And jitters on Wall Street could sharpen the eyes of Arab regulators for the kind of irrational exuberance that got American investors in hot water. "The unscrupulous spending of the past will be slowed in the months to come, which will have a positive impact overall," says Sfakianakis. "Many Gulf economies were growing so quickly that...
...Wary sovereign wealth funds from Arab countries aren't likely to rush in to buy the assets of Western financial companies just yet, according to Sfakianakis. Some have already been burned, like the Kuwait Investment Authority, which bought Merrill Lynch shares worth billions earlier this year only to see the stock plummet in recent months. So for now, Arab investors are likely to refocus on infrastructure projects in their own countries that create real value and services for their economies, which are bound to keep growing even in the midst of a Western financial crisis...
...entrepreneurs are hawking designer T-shirts or handmade ceramics in tiny yet terribly hip spaces carved out of old lane-houses. This year, several luxury hotels will open their doors in Shanghai, including one run by the Jumeirah Group that's behind Dubai's over-the-top Burj Al Arab...
...disastrous military campaign in Lebanon in 2006. It remains to be seen whether Kadima's next leader, be it Livni or Mofaz, can keep the vision of a centrist party of pragmatic peace alive in a country so polarized between right and left, secular and religious, Jew and Arab...