Word: badness
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Pyongyang has taken an equally self-destructive position on food aid. Thanks to bad floods in 2007, food shortages last year were likely the worst experienced since the 1990s. The World Food Program (WFP) says it has launched a program to feed 6.2 million people in North Korea, or more than a quarter of the population. Yet in March, North Korea, without explanation, rejected all food aid from the United States, its largest official donor, and kicked five aid groups distributing the food out of the country. The step is potentially disastrous for the North Korean people. The WFP figures...
That was seven years ago, but conditions have probably not improved even though Pyongyang continues to funnel scarce resources into weapons programs. Food shortages returned last year, while aid and investment from neighbors such as South Korea and Japan have dwindled. How bad the situation may be is hard to assess since North Korea doesn't reveal significant economic data. Estimates from South Korea's central bank, released on Monday, suggest that North Korea's gross domestic product recovered in 2008 after two years of contraction, with 3.7% growth. The bank attributed the increase to "one-off factors," such...
...taken measures to pull in their horns, but it is a bit of a stretch to say they're immune from the environment." StanChart executives insist that their carefully managed loan portfolio can withstand the recession better than some expect. Though they did see a spurt of losses from bad loans while the financial crisis was roaring, managers say the situation improved in early 2009. "There is no direct correlation with macro numbers and the individual bank," says Bindra...
...fathers are now much better positioned to write parenting books like Michael Lewis' Home Game and Sam Apple's American Parent: My Strange and Surprising Adventures in Modern Babyland. These are nothing like the self-punishing Momoirs of old, nor the earnest advice books, nor the new genre of Bad Mom confessions that somehow manage to be self-flagellating and smug at the same time...
...Bullock faces two big challenges. She's a star actress at a bad time for the breed (a recent Forbes study showed that Hollywood's 10 top-earning actors were all men), and her gifts of subtle endearment just aren't needed in movies that force their stars into Manichaean opposition...