Word: chiangs
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...formalize the military's grip on power, but shorter than the maximum sentence of five years in the notorious Insein Prison. "The generals are trying to manage the anger of both the international community and the people of Burma," says Win Min, a Burma analyst at Payap University in Chiang Mai in neighboring Thailand...
...financial crisis in California grew worse this week as state controller John Chiang warned that if legislators and Governor Arnold Schwarzenegger fail to come up with a budget-balancing package, he would begin paying California's bills with IOUs on July 2. The state has only done this once since the Great Depression...
...addition to its multibillion-dollar deficit, California faces a severe cash-flow crisis and state controller John Chiang warns that the state could run out of money in July. California has the worst credit rating among the 50 states, so its leaders have pressed the Obama Administration and Congress to act as a co-signer on the state's borrowing. As with AIG, California officials argued, the state is too big to fail. "A fiscal meltdown by California ... would surely destabilize the U.S., if not worldwide financial markets," state treasurer Bill Lockyer wrote U.S. Treasury Secretary Timothy Geithner...
...ornately carved building painted white to symbolize purity. Part of a project that Chalermchai started in 1997, the compelling ubosot, or assembly hall, is one of the three main structures at the sprawling White Temple complex (tel: (66) 5367 3579), a 6.4-acre (2.6 hectare) site in his native Chiang Rai in northern Thailand. When devout Buddhist Chalermchai's project is complete - with the help of 67 disciples, he hopes it'll be done by 2070 - he will have created nine equally intricate buildings, including a crematorium, each one teaching grand lessons in morality. "Every human has to see this...
...April 23, it will be 60 years to the day that nine warships and 17 other boats defected from Chiang Kai-shek's Kuomingtang during China's civil war, becoming the first vessels in what would become the Chinese Communist government's Navy. To commemorate the occasion, China's military is hosting four days of pomp and ceremony, to recall its meager beginnings, and to celebrate how far it has come. (See pictures of China's economic expansion into Africa...