Word: dolefullness
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That Imam Khomeini Square is so still borders on a minor miracle. Formerly known as Toopkhone, literally "cannon house," this square is one of Tehran's most storied, once the site of regal state ceremonies and Dar al-Funun, Iran's first modern college built in the 19th century. In...
There are many speculations on why the Arab Muslim world has been such an economic failure. There is the legacy of empire (but that affected half the world); an anti-industrial culture (an explanation rather than an excuse); the resources curse (though nations from Australia and Norway have built successful...
European bank stocks continued to take a beating on Tuesday following a series of ad hoc steps by national governments to try to shore up confidence in financial institutions. By the day's close, Britain's troubled HBOS was down 41.5%, and the Royal Bank of Scotland's shares had...
The world is serious out there. Not only am I in the thick of classes and all else that school entails, but with the downward turn in the financial markets, even that “outside world” seems pretty heavy right now. So when I walk into a...
Financial considerations are now driving them home again. On May 1, 2004, the day of Poland's accession, a pound would buy more than 7 zloty, versus 4 today. In Poland, wages rose 7.7% last year, double their growth rate in the U.K.; and Poland's unemployment rate has dropped...