Word: augustness
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...bubble has finally burst," says one American expat. Some people point to mixed blessings of the financial downturn. Rents, which were at unbearable highs last summer, have now plummeted at least 25%, and property prices are down as much as 50% since August of last year. But while there is some respite from the dawn-to-dusk hammering and drilling that came with Dubai's construction boom, some $8 billion in projects have now been either scrapped or put on hold. The city's notoriously brutal traffic jams have eased somewhat in recent weeks since the reported exodus of thousands...
...what exactly are these soccer execs thinking, kicking off a new women's league during a near-depression? To be fair, WPS announced this current launch date back in August of 2007, when the economy was relatively rosy. "That's life," says Kristine Lilly, a two-time Olympic champ who plays striker for the Boston Breakers (the WPS will also have teams in the Bay Area, Chicago, Los Angeles, New Jersey, Washington, D.C. and St. Louis. A Philadelphia franchise will start next season). "When we made plans to start this league, we didn't think the economy was going...
...MySpace's thrown-together launch: Finally, on August 15, [2003,] they were ready to launch their bare-bones site. Like Friendster, MySpace allotted each user a profile page with pictures and interests and links to friends. It also had a mishmash of features, including horoscopes, games and blogging, then called journals. "We didn't know what it was going to be about," said MySpace staffer Jason Feffer...
...while many have argued that health-care reform should be postponed until the economy is fixed, Baucus has put his foot on the accelerator with a declaration that he intends to see it passed in the Senate by August. "This is kind of why I hired out for this job," he told me on a recent morning in his Western-themed Senate office. "Now is the time. The stars are aligned...
Since the Georgia-Russia war last August, Brussels has been keen to draw Belarus away from Moscow and closer into its camp. The first step last October was the suspension of an E.U. visa ban against Belarus' authoritarian President Alyaksandr Lukashenka and other top officials. That relaxation of the travel restrictions, which were first instituted in 2006 after a rigged presidential election and violent crackdown on protestors, was renewed last week. In another sign of mending relations, the E.U.'s foreign policy chief Javier Solana visited Minsk on Feb. 19 for meetings with top Belarusian officials. E.U. leaders...