Word: augustness
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...Adding to such concerns, consumer prices in South Korea surged to a three-year high in August, largely due to rising energy costs. Higher prices for heating oil, gasoline and consumer goods act as a brake on domestic consumer spending, which Korea badly needs to boost to revive its economic growth. Recent data suggests that South Korea may be entering a period of "stagflation," in which slowing economic output is accompanied by rising costs. The ruling Uri Party has proposed tax cuts to help spur domestic consumer and corporate spending. But export growth slowed to less than 30% year...
...Thus a set of photos, published last month during celebrations for the 100th birthday of late Communist Party patriarch Deng Xiaoping, raises questions about the relationship between the two men. The original image, published in the state-run Oriental Outlook magazine in the last week of August, shows Hu shaking hands with Deng in 1992 while Jiang stands behind them, as if giving introductions. But in the other two photos, which appeared in Shanghai's Wen Hui Bao newspaper on Aug. 13 and in a set of pictures celebrating Deng's centenary, Jiang has vanished. At least...
...Wrong Side of the Law The connection between al-Qaeda and Iran from October 2000 to February 2001 that the 9/11 commission uncovered [July 26-August 2] is not news to everyone. Thanks to Iran's vast oil revenues, the Iranian mullahs are able to finance Islamist terrorists worldwide. Iran is, in fact, the mother of modern Islamist terrorism, with its truck bombings, suicide attacks, hostage taking and international assassinations. Iran has been on the wrong side of the law for a long time, and the world has made only minimal attempts to stop it. Misusing the funds that belong...
...were released by their captors last week after a ransom of $500,000 was paid by their employer, the Kuwait and Gulf Link Transport Company. But a group calling itself the Army of Ansar al-Sunna announced last week that it had executed 12 hostages from Nepal abducted in August, accusing the country's leadership of assisting U.S. forces in Iraq. But French journalists had been largely spared. "The few times French journalists were [apprehended], they always released us because we are French," says Sammy Ketz, Baghdad bureau chief for Agence France-Presse. The French government tried to parlay...
With New York University and Columbia University summer housing ending in early August, some college-age convention workers were left without a place to stay. Many volunteers, including Lieb and Kadakia, received hotel accommodations for the week of the convention. Lieb is staying at the Hotel Pennsylvania, directly across the street from the Garden. Others, such as Annie M. Lewis ’07, found themselves in glitzier digs—the Waldorf-Astoria...