Word: easts
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Evidently, his recent trip to the East Coast made an impression...
...purchases of their own homes, American consumers have been forced to get thriftier. History Professor Niall C.D. Ferguson has even warned that New York may go the way of Venice and become just another tourist center, underlining a permanent shift in the economic balance of power from West to East...
...lakes - which earned Udaipur the nickname the "Venice of the East" - have been a major tourist magnet in the past few years, and building places for tourists to sleep has accelerated the problem. With the Oberoi Udaivilas luxury hotel opening in 2000 and the Leela Palace, which opened in April, both just a few feet from the lake, the doors have opened for other shoreline hotel and residential development. "The big guys essentially bought their way past standing lakeshore-encroachment laws," says Razdan. "That created a domino effect. Smaller entrepreneurs with money muscle and political connections asked...
...decision is yet another sign of the growing economic influence of Asia. Calling Asia the bank's "strategically most important region," HSBC said in a statement that Geoghegan's move "further positions the Group for the shift in the world's center of economic gravity from West to East." (See 10 big recession surprises...
...pictures of East Germany making light of its past...