Word: australian
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...last few years, taking fewer roles to spend time on his Australian farm with his wife and son, Crowe has had mixed results as a box-office lure. American Gangster, where he was second-billed to Denzel Washington, was a hit; Body of Lies, with Crowe supporting Leonardo Di Caprio, was a flop. State of Play (a flat, unenticing title for what means to be a smart, pounding thriller) may have one of those twisty plots that mass audiences think will make their heads hurt; they'll watch it in a few months at home...
...SATURDAY: After a leisurely brunch at La Luciola, tel: (62-361) 730 838, a Seminyak institution made famous for its ocean view and Australian-inspired cuisine, stroll down the beach for a lesson at the Rip Curl School of Surf, tel: (62-361) 735 858. At the end of the half-day lesson you will be standing up and waving to the camera. If not, the next lesson is free. (See pictures of Singapore...
...Other countries in the region are made uneasy by China's thirst for resources. Last month, the Australian government rejected a $1.8 billion bid by Chinese mining company Minmetals to acquire debt-ridden OZ Minerals, the world's second-biggest zinc miner, due to national security concerns. OZ Minerals has operations near Australia's Woomera weapons testing site...
...pressure on Vietnam to proceed as planned is enormous, says Carl A. Thayer, a Vietnam expert who teaches at the University of New South Wales' Australian Defense Force Academy. Vietnam needs to trade with China, the world's third-largest economy, to survive. Thayer acknowledges that no Chinese company operates independently of the government. "If you go up far enough you will find a military or a security connection," he says. "But Chinese occupation? I don't believe that...
...globe. Cash-rich Chinese companies, backed by soft loans from state banks and re-energized by lower labor costs as jobs dry up, are descending on Central Asia, Africa and even Western Europe to snap up assets. State mining company Chinalco has tabled a $19.5 billion bid for British-Australian resources giant Rio Tinto. Beijing has launched a fund to buy distressed assets worldwide, inked a deal with Brazil's Petrobras and provided Russia with a $25 billion loan in exchange for a secure future stream of oil and gas. (Overall, Chinese enterprises are on track to invest double...