Word: booming
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...instructs the cameraman to focus on four actors by the side of the road. "Again," he says into a walkie-talkie, and a red tractor emerges from around the bend to collect two of the actors?one dressed as a monk, the other carrying a suitcase and a boom box. Then, just as Khyentse Norbu calls "cut," a van speeds toward the set, forcing the tractor to lurch off the narrow road. The van stops, only inches from the camera, and discharges a monk in a yellow parka. "Career change," mutters Khyentse Norbu in mock fatigue, then strides purposefully toward...
...pull the Agnelli dynasty out of the auto business - cleared the way for the family's long-anticipated and inevitable exit from carmaking. The market's initial reaction was a reminder of just how much the Italian industrial landscape has changed since the heady days of the post-1950s boom, driven by the dashing Agnelli and his knack for selling stylishly small automobiles all over the world - and revving up the profits at home. "The car has led a revolution of customs and consumption," Agnelli once remarked. "At the same time, it has fundamentally launched the country's economic growth...
...satellite radio systems, which pick up hundreds of better-than-FM-quality stations, wowed the crowds last year. This year satellite radio has stepped out of the car. XM released a "Sky-Fi" boom box with a tiny receiving dish for $229. The receiver is detachable, so you can swap it in and out of your car. Rival Sirius has gone for the home hi-fi approach; $299 satellite-radio components should be available this July...
...Heilongjiang province on the Chinese side of Siberia, the scenery is so desolate that its most notable features are heaps of coal piled so high they look like mountains. Many of the townspeople are laid-off coal miners, hopelessly cut off from the fruits of China's heralded economic boom. Still, hardship has taught them not to gripe about their lot in life. "What pleasant weather we're having," says the local bathhouse owner, ignoring that it's 30 degrees below zero. "We eat leeks and coriander now instead of just cabbage," enthuses a local kebab seller over his simple...
...recessionary years 1993 and 1996. Nor is Britain insulated from uncertainty. Over the past two years, consumer spending has been buoyed by the country's strong housing market, and from April 2001 to April 2002 - when monthly same-store sales grew by an average of 6% - the spending boom was nothing less than phenomenal. But real estate is now facing a slowdown; and like-for-like retail-sales growth fell from 4% in October to 1.7% in December. Should consumer spending tank in Britain, though, the government still has one distinct advantage over its euro-zone neighbors - the ability...