Word: cornered
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...This is good news for sure, but the data don't come without caveats. First of all, as economist Robert Shiller has pointed out, the index that bears his name has shown signs of turning a corner in the past. In early 2008, the rate of monthly home-price declines started dropping (that is, the housing situation looked to be moving from really bad to less bad). That momentum didn't stick, though, owing to the broader economic downturn. This time around, a first-time homebuyer tax credit is giving a huge boost to the market - nearly a third...
...place that sells drugs will be liable for punishment, a provision that is likely to prevent the opening of any Amsterdam-style "coffee shops" in the country. The new law also empowers city and state police to investigate dealers, which was formerly the reserve of the federales. Street-corner pushers have exploded across Mexico in recent years while the number of hard-drug addicts has shot up to 460,000, according to a survey last year...
...This lush corner of Yunnan province in China's south is home to one of the world's hottest teas. Puer tea may not look like much - it is typically sold in heaps resembling cow patties - but one mug of these aged leaves can fetch up to $1,000. The drink is touted for its health benefits and is loved for its light, earthy taste. It is already a hit in Hong Kong, where rare teas are a status symbol among the city's élite, and it is generating hype outside China, too. Three high-profile Silicon Valley techies...
...cell on wheels -- a trailer containing signal transmission and reception equipment known as a COW -- has recently been set up next to Cabot House's Barnard Hall, located on the southwest corner of the Quad...
...Asian urban dwellers living in slum conditions. In Hong Kong, the worst of those are the cages, a notorious feature of this metropolis. Throughout the city, pockets of grimy, small, privately owned apartments are partitioned into about 10 cubicle dwellings, many with a shared toilet and shower in the corner. Most residents are the working poor, others are mentally ill, elderly, children and the occasional drug addict. Beyond the dwellings' crushingly small size, residents must battle poor hygiene, exposure to electrical wires and heat during the extremely humid summer months. It's difficult to pinpoint an accurate number of people...