Word: flooded
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...flood of IPOs by Chinese companies, including some record-breaking deals, is a major reason for that performance. To tap overseas investors, China's best companies?from mobile-phone operators to insurance firms?have made Hong Kong's stock market their No. 1 choice for going public. Why? The imposition of onerous reporting requirements on companies listing in the U.S. in the wake of the Enron scandal has knocked some of the shine off New York, while Chinese bourses in Shanghai and Shenzhen are often considered to be too immature and restricted (foreigners are allowed to trade freely only...
...presence on the streets. The White House's Office of National Drug Control Policy estimates that opium production in Afghanistan, which not only provides 90% of the heroin consumed globally but also funds Taliban activities, rose 61% last year over 2005. Some 670 tons of heroin are expected to flood the market, and that should slash the street price of a kilo of Southwest Asian heroin, now about $90,000 in Los Angeles. Yet the U.S. Drug Enforcement Agency (DEA), which annually loses some 3% of its 5,000 agents to attrition, has a two-year hiring freeze because...
Inevitably, the flood of money has left some members of the art world in China unhappy. "Modern art in China has become a monster," says respected collector Guan Yi. "People's attention is no longer focused on the art itself but [on] what kind of return they will get on their investment, like the stock market...
...studies” examines the political and social ramifications of being overweight. And even at Harvard, weight and body image issues are squeezing into the Faculty of Arts and Sciences’ course catalog. Lecturer on Studies of Women, Gender, and Sexuality (WGS) Karen P. Flood, who is acting director of studies for the department, teaches WGS 1402, “Body Sculpting in Modern America,” which tracks the increasing interest that Americans have in modifying their bodies. “Like with any area of scholarship there are better and worse pieces of scholarship that come...
...civil war feed off the fears of ordinary Iraqis, who look to the armed groups for protection against their sectarian rivals. If the violence were to suddenly stop, the influence of those groups would plummet. And that would give the U.S. and Iraq's Arab neighbors the opportunity to flood the country with reconstruction aid and stand up an army ready to defend a government in Baghdad. By the time the U.S. left and the bad guys were ready to fight again, they would have lost their ability to dictate the terms of the battle...