Word: boom
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...south New Delhi, "to understand discrimination, to understand equality, to learn how to respect differences." After Gopalan returned to India in 1994 to be closer to her aging parents, she started the Naz Foundation (India) Trust, one of the country's first HIV/AIDS groups. Well before India's economic boom or the push to decriminalize gay sex, the movement helped to introduce issues concerning sexual orientation and sexuality into India's public discourse. "The government itself was funding programs for men who have sex with men," she says...
...Megrahi was convicted in a specially convened Scottish court at Camp Zeist in The Netherlands in 2001. Prosecutors argued that he placed a bomb, hidden in boom box inside a suitcase, on a flight from Malta to Frankfurt, Germany. From there, the bomb was transferred onto the Pan Am plane that went first to London's Heathrow Airport and then took off for New York City. The bomb exploded as the plane flew over Scotland, causing it to crash on to the town of Lockerbie near the Scottish border. Another man - Al-Amin Khalifa Fahima - was also tried...
...with global rival BHP Billiton. Together the two control about 75% of the world's iron ore, which China's steelmakers consume ravenously. "That deal is China's worst nightmare," says an investment-banking source with close ties to the global mining industry. (See pictures of China's infrastructure boom...
...China is the mother of all emerging markets. Do you see its stock market on a boom-bust trajectory, or is this the dawn of a major bull market, akin to 1982 in the U.S.? I would characterize it as being more similar to the U.S. in 1982. And China is still cheap. It isn't as cheap as it was four months ago, but that was the bottom of a long-term bear market, so I still think it looks really good...
...good news is that the top-line numbers about new houses are a little misleading. Yes, new-home activity is picking up, but that's partly because a lot of the excess inventory from the boom has been cleared out, and builders are now looking at emptier coffers than they have in a long while. Since the end of 2007, builders have been selling more houses than they've been putting up. In the first three months of 2009, there were 52,000 single-family homes started. Over the same period of time, 87,000 were sold. At the current...