Word: fifth
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...time to articulate his leadership priorities, Aso appears committed to burnishing Japan's global influence. Over the past decade, the nation's foreign-aid budget has nosedived. In the early 1990s, flush with cash from its long boom, Japan was the world's largest donor. Now, it's fifth. Aso might reverse the trend. In August, Japan's Foreign Ministry requested a 13.6% increase in next year's foreign-aid budget. In October, Aso made headlines when he signed off on a record $4.5 billion loan to India. That commitment followed on the heels of Japan's promise...
...variety of nations' warships now patrol the waters off Somalia. Vessels of the U.S. Navy's Fifth Fleet are there, together with the British, the French and others. (The Indians destroyed a pirate ship the other day; good for them.) Such action honors a long tradition, which includes a march of U.S. Marines against the Barbary corsairs on the shores of Tripoli...
...based on caution rather than the branded excess of Christmas past. "The American consumer is trading downward in the most dramatic fashion ever seen," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail-consulting firm. What's more, the thrift mind-set has seeped into all income levels. Saks Fifth Avenue, for instance, had a 16.6% drop in sales in October. "Saving is cool right now," says Candace Corlett, president of WSL. "Conspicuous consumption is out, and people have lost their passion to buy." (See pictures of the global financial crisis...
...without sight or sound of the thing, music fans started cracking the obvious joke: the Chinese will have democracy before record stores get Chinese Democracy. That joke is itself now an antique - record stores! - but we finally have an answer. On Nov. 23, Guns N' Roses will release its fifth album of original material, 17 years after its last. Put another way, Miley Cyrus will soon get to hear the first new Guns N' Roses record of her lifetime. (Listen to Chinese Democracy...
...addition to offensive firepower, Harvard must also look to its own defense to help the team to a win. The Crimson ranks fifth in the nation in scoring defense and has only allowed three even-strength goals so far this season...