Word: asia
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Dates: during 2000-2009
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...more than 80% this year, by far the best performance among major markets. Nations that depend on producing commodities, such as Australia and Brazil, have benefited immensely over the past six months as demand from China has driven up the price of raw materials. Helped by trade with China, Asia's export-driven economies are sputtering back to life. Overall, the International Monetary Fund (IMF) forecasts that in the three years from 2008 to 2010, China will, astonishingly, account for almost three-quarters of the world's economic growth. Not surprisingly, China has now become the focus of a world...
...There are certainly signs that some aspects of China's recovery are ephemeral. Part of the reason China's stock market has soared is that Chinese companies have received so much cheap financing that they have dumped proceeds into the equity market for lack of better alternatives. Andrew Barber, Asia strategist at Research Edge, a New Haven, Conn., investment-research firm, estimates that up to 30% of new bank lending this year has wound its way into equities. Why isn't the money going into new businesses? The evidence suggests that in key parts of the economy growth remains anemic...
...large part, Floridians have created their own mess. The Sunshine State loves exotic pets, and sales of pythons, most imported from Southeast Asia, reached $10 million in the state last year. But too many buyers, after discovering what a large and expensive chore caring for these snakes can be, simply get rid of them. And because there aren't a lot of adopt-a-python agencies, the reptiles are often dumped in the wild. As a result, Florida in 2008 instituted new ownership requirements, such as $100 annual permits, proof of snake-handling skills and implantation of microchips in pythons...
...torturing people, and carrying out extrajudicial killings. Indian police, it says, operate outside the law, lack requisite ethical and professional standards, and are overstretched and often outmatched by criminal elements. "India is modernizing rapidly, but the police continue to use their old methods - abuse and threats," says Brad Adams, Asia director at Human Rights Watch, in a statement released by the New York City-based NGO. (Read "Rights Groups Probe India's Shoot-Out Cops...
...changed, the subject-ruler relation has endured," says Sanjay Patil, program officer with the Commonwealth Human Rights Initiative (CHRI), whose book Feudal Forces: Reform Delayed - Moving from Force to Service in South Asian Policing is due to be released next week. The book holds the political culture of South Asia responsible. Corruption and the lingering stigmas of class and caste in conservative South Asian societies also inform how police officers treat certain communities, it says, adding that minorities and the marginalized are especially vulnerable to police abuse...