Word: constructionism
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Dates: during 2000-2009
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The rose-and-white-columned façade of Russia's famed Bolshoi Theater has stood shrouded in construction curtains and spiky scaffolding for four years - and it looks to stay that way longer still, as the sudden resignation of the theater's musical director has pitched the future of...
On July 13 Iran's Oil Ministry announced that it had China's agreement to invest about $40 billion in refining Iranian gasoline. The deal would include financing the major new Hormoz refinery in southern Iran, which will be able to produce about 300,000 bbl. of gasoline and kerosene...
Much of that investment growth came from the brute force of the government, which is directing bank loans to state-owned companies, which in turn have been building everything from high-speed rail networks to new highways and bridges across China. But economists were quick to note that other sectors...
The result is a program that acts as a kind of matchmaking service between members and banks. The service began last year in Zhejiang, a coastal, trade-focused province south of Shanghai, where 600 businesses used Alibaba to acquire loans worth more than $146 million through China Construction Bank and...
But Obama may be understating the extent of pressure that will be required to bring about a two-state solution to the conflict. The settlement freeze that he has demanded of Israel, for example, is simply a confidence-building mechanism aimed at securing new gestures from Israel's Arab neighbors...