Word: boomings
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International interest in China's contemporary visual arts has hit exuberant heights, which makes the relative international ignorance of contemporary Chinese literature more conspicuous. Contemporary Chinese writing remains woefully undertranslated in English. Expectations for a translation boom, created when émigré Chinese writer Gao Xingjian won the Nobel Prize for Literature in 2000, remain unfulfilled. So what is an ambitious Chinese writer who desires to reach an international audience to do? The 35-year-old Xiaolu Guo has taken matters into her own hands by writing in English. As a novelist who is equally at home as a filmmaker...
...world is in the grips of a perilous market crunch, the boom is over and tough times loom. The U.K.'s FTSE-100 stock index has nosedived in recent days and is down about 35% in the past year. Three famous British banks have already imploded - Northern Rock, HBOS and Bradford & Bingley. And after a dramatic plunge in the stock price of other banks, the deeply rattled British government came to the rescue on Oct. 8, announcing an emergency $88 billion recapitalization package. The City has been through enough slumps to know what to expect next: layoffs, shrinking bonuses...
Movie as Maze The explosive events of Sept. 11 made Muslim nations a playground for spies, as Berlin was during the Cold War. But the new boom market was different; KGB agents weren't likely to blow themselves up to make a political point, and the middle-class whites in the CIA couldn't easily pass for Arabs to infiltrate an al-Qaeda cell. Ferris makes use of locals to sleuth out information. But he and Hoffman have a bigger, wilder plan. The notion is to plant incriminating data on a plausible corpse and create a fictional...
Pittsburgh knows all about recessions. This city was left for dead when steel and heavy manufacturing were smothered by globalization that started some 20 years ago. Pittsburgh never had a housing boom. How could it, when a quarter of the population evaporated when the jobs did? Pittsburgh's finances were so awful that it became a virtual ward of the state in 2003. Is your burg afraid of losing airline service? USAir's business crashed here in 2002. The spacious airport is half empty on a Sunday...
...wiped out in previous downturns, companies are now looking for younger workers. Westinghouse hired 800 people last year, bringing its total new hires to 3,000 in the past three years. Most are engineers, half of them replacing engineers who first joined the company in nuclear energy's early boom years, in the '60s and '70s. The rest are enjoying nuclear's newfound popularity. The jobs range from about $55,000 for college grads to more than $100,000 for experienced engineers. Even tech workers with associate degrees can crack $80,000. That goes a long way in an area...