Word: built
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Dates: during 2000-2009
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Such talk will hardly dampen Entwistle's plans. He's adding personnel rapidly, sometimes an employee a day. Goldman Sachs has also built relationships with Indian universities and M.B.A. programs in an effort to nourish the Goldman culture in India from the ground up. The bank plans to hire most of its India staff locally within the next few years. Previously, the only way to recruit India's top students was by offering them the chance to go abroad. "Now they don't want to miss out on what's going on at home," Entwistle says, "and we can finally...
...Academy of Social Sciences calculates that total Olympics-related expenditures by Beijing will hit $38 billion, some four times as much as was spent preparing Athens for the 2004 Games. As you might expect in an authoritarian state, it is all but certain that the venues and facilities being built for the Olympics will be ready in time. Eleven of the 12 sporting venues are on track to be finished by the end of the year. A fifth subway line to the airport will start a month before the opening ceremony, and a brand-new airport terminal designed by Norman...
...most to gain if the Olympics pass without a hitch. China's Communist Party "only has two sources of legitimacy," says Michael Duke, a professor emeritus of Chinese studies at the University of Vancouver, "nationalism and economics, and the Olympics encapsulate both of them." China's leadership has built up the Olympics as a celebration of the party's administrative competence. Now it wishes to use the Games to confirm China's new international stature and expunge the last vestiges of the isolation into which the country was plunged after the bloody suppression of the 1989 Tiananmen protests. "A successful...
...Unemployment stands at roughly 14%. About 47% of the city's residents over age 16 are functionally illiterate. Yet, for much of Kilpatrick's tenure, parts of Detroit have experienced an economic turnaround similar to those that have taken place in Chicago and Washington. Million-dollar lofts are being built along the Detroit River. Homicides are down by 17%, and non-fatal shootings have dropped by 9% in the last year. Kilpatrick sliced the city government's job rolls from about 21,000 to 13,800. He cut property taxes partly to retain what remains of the city's middle...
...integral part of Lebanese culture - and not just because of the country's large Christian minority. Wine-making began in this part of the world thousands of years ago, and such was the importance of the Bekaa to the global wine industry of classical antiquity that the Romans built a massive temple in Baalbek to the wine god Bacchus, which still stands today. In fact, it was Arabs who invented the art of distilling fermented beverages into alcoholic spirits, and then exported it during the Islamic conquests of the Middle Ages. They practice it still by making arak, a grape...