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...residential housing transactions are financed with mortgages.) One of the reasons for this is that, just like Yang, many Chinese have been moved out of formerly state-owned housing units in urban areas as part of redevelopment projects. The compensation payments, supplemented by some savings, are usually enough to buy decent apartments out of town. Economist Xie calls these resettlement payments "probably the most important government action supporting today's economy." And the fact is, Chinese municipalities are not even close to the end of such resettlement schemes. (See pictures of Beijing's changing skyline...
...farmers to stick with the poppy. According to U.N. experts, last year the Taliban reaped nearly $300 million from the drug trade; Afghan officials put the figure far lower, from $80 million to $100 million. Even at the low estimate, says a Western counternarcotics agent, "that's still enough to fuel the insurgency for a year." Nearly all of the Taliban's drug profits came from Helmand province, and a big chunk came from Marjah...
...result is a company that's able to produce profitable content on a scale that traditional news organizations can only envy. Demand estimates that it took in $200 million in revenue in 2009, enough to turn a profit. It helps that none but the company's most prolific content creators get health insurance or, for that matter, a minimum hourly wage. Critics have dubbed the company a digital sweatshop. Jay Rosen, a journalism professor at New York University, has called Demand "demonic," and many writers prickle at the thought of being paid a few cents - rather than a few dollars...
...same applies to all the cogs like me in Demand's ever whirring machine. After Google helped me track down an article that claims people near a small city in Kenya see the giraffe as a divine omen of good luck (close enough), which I used as a source for my piece, I am ready to tackle my next assignment: home remedies to remove cat urine from parquet floors. Florid prose it may not be, but according to Demand, it's what you want to read...
...chairman of the Truth and Reconciliation Commission, did you feel you did enough to help South Africa move past that dark chapter in its history...