Word: cash
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...much of the rest of the developed world. Consider the complex in which Yang, the cabbie, bought one of his three Shanghai apartments. The developer, Shanghai Forte Land, presold all the units before spending a cent on construction. In China's residential market, financing development with customers' cash, not loans, is standard operating procedure...
...Inside Iraq's Green Zone. In it, the Washington Post reporter detailed the arrogance and naiveté of the young zealots the Bush Administration sent to pacify Iraq: how they frolicked beside Green Zone swimming pools as if Baghdad were spring-break Fort Lauderdale, handed out tens of millions in cash to American and Iraqi connivers and blithely mismanaged the occupation into chaos...
...sellers stand out. Many of them moonlight as artists, and they are encouraged to develop their own vending persona. "Customers want to talk to a real person," says Kakinuma Daisuke, a Table-Mono financial officer. "At supermarkets, you are pushed through a queue and then must deal with the cash register; no one has time to talk...
Smith is currently being held on a $2,500 cash bail, and she has signed a waiver of rendition, which allows Mass. authorities to retrieve Smith from her home in Harlem, N.Y. without undergoing interstate hearing procedures...
...kind of judicial modernization that tends to spook drug lords more than soldiers do. Last week, for example, the legislature in Chihuahua state (which includes Juárez) passed an asset-seizure law, similar to U.S. RICO statutes, that if enforced could seriously drain the cartels of the cash and property that lets them buy their guns and launder their profits. (See pictures of the fence between the U.S. and Mexico...