Word: budapester
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...blast, were vaporized, leaving no trace except for profiles etched on Hiroshima sidewalks. The arresting images, usually created with plastic stencils and rollers dipped in whitewash, were the work of the International Shadow Project, a network of 10,000 volunteer painters in cities ranging from Penang, Malaysia, to Budapest, Hungary. Worldwide, some 300 project volunteers were arrested, but police in many areas chose to permit the effort. In New York, Landscape Artist Alan Gussow, who conceived the project, said he was "staggered" by the response. As she stenciled an image of herself and her husband near Wall Street in Manhattan...
...range from distrust to outright loathing, an attitude that stands in sharp contrast to a hunger among East Europeans for most things Western. Through much of the East bloc, youngsters wear blue jeans and dance to Western rock; purple-haired punks are seen in the streets of Warsaw and Budapest. More important, East European governments have turned to the West for the credits and technology that Moscow cannot provide, giving East Europeans a vested interest in the revival of détente...
...incentives. Later, the state allowed private ownership for some small and middle-size businesses. In effect, Kadar entered into an unwritten contract with the Hungarian people, allowing them a measure of freedom in their domestic lives as long as they left politics to the party. Today shop windows in Budapest are filled with clothes and appliances, while bookstores are well stocked with Hungarian titles and Western best sellers. Says a Hungarian historian and Communist Party member: "We have come to realize that national independence is not as important as the possibility of having an independent road for economic reform...
...Central Europe's stock markets? After posting record gains in recent months, bourses across the region stumbled last week. In a single day, the Prague Stock Exchange's PX 50 index tumbled by 5.8%, the second biggest loss in its history; the Czech press dubbed it "black Wednesday." Budapest dropped by 5.45%, while Bratislava and Warsaw fell by more than 2%. By week's end, the bourses closed up to 9.4% lower. Analysts say standard profit-taking was responsible, but perhaps it was a bubble - inflated by post-accession optimism and rising regional economies - that needed to burst. "I think...
...idea they were going to play it tonight,” Cserny, a Budapest native, said. “I almost stopped crying [after Senior Night player introductions] and then they started playing it. And that made me cry again...