Word: crashing
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...Although the cause of the crash has not been confirmed, the MD-82 plane was taking off on a flight to the Canary Islands from Madrid's Barajas airport when one of its engines apparently caught fire. "The nose of the plane and the front wheels had lifted," said Public Works Minister Magdalena Alvarez at a press conference Wednesday. "Whether the rear wheels got off the ground is still being investigated...
...Still, property developers feeling the pain would do well to take the long view. "We've seen falls of this scale many times before," says Davidson, recalling "big crashes in [City] rents in the early '90s and around the turn of this decade." Further proof of property's fast-changing fortunes: when the Wall Street crash wiped out demand for space in a newly built Empire State Building in the '30s, locals dubbed the iconic skyscraper the "Empty State Building." London developers can be forgiven for aiming high...
...crowd screamed as if witnessing a horrific crash. Then joy filled the hall. Because of yet another Emmons error, the host nation's very own Qiu Jian would win the gold medal, with Emmons finishing fourth. In Athens, Emmons also gave China a gift. Because of his gaffe, rival shooter Jia Zhanbo lucked into gold. Give this guy a room for life in the Forbidden City...
...housing stimulus funds may not be enough to deal with what Hunter says are more troubles set to crash on the market next year. That is when soaring interest rates are triggered, affecting borrowers in real estate hot spots-turned-problem areas such as Florida and California who signed up for negative amortization loans. A clause in many of those loans calls for them to be reset if the home's value drops a certain percentage below the loan's amount. "There quite easily could be a doubling of a monthly payment," he says...
...island. Much of Oahu outside of Waikiki is for locals - in fact, the island has permitted the construction of only four hotels outside of Waikiki - and the eastern coast, where Sandy's is found, is no exception. Known as "breakneck beach" for its 5- to 10-ft. waves that crash into the sand vertically, Sandy's often leaves unwary bodysurfers with painful memories. (Note to first-timers: Hawaiians, like surfers, measure waves from the top of a person's back to the crest, so I don't recommend learning the art at Sandy...