Word: french
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...boom economy, however, things change fast. Shanghai still has glam in spades. You can sip your Cosmopolitan on the Bund while gazing out at a relentlessly rising skyline. You can wander along the leafy boulevards of the former French Concession, pausing for a soy latte or a therapeutic browse in one of the fancy clothes shops on Hengshan Road. But now you can do art, too. Springing up amid the gleaming, dreaming towers are studios and galleries, large and small, testifying to the fact that where money grows, culture follows. Here are some of our favorites...
During his first six months in office, French President Nicolas Sarkozy thrilled audiences at home and abroad with his kinetic vision for France. He stared down railworker unions, brokered a huge trade deal with China and generally signaled that he could redefine his country through sheer willpower alone. But as riots that broke out Nov. 25 north of Paris reminded us, the Sarkozy show isn't playing well with a crucial audience: residents of the banlieues, or France's impoverished suburbs...
...mandated this year that the state own a majority stake in heavy-oil developments. Two major investors, ExxonMobil and ConocoPhillips, walked away, taking critical technology with them. Abandoning its Petrozuata and Hamaca heavy-oil ventures, plus an offshore project, cost Conoco $4.5 billion in impairment charges. The French oil corporation Total signed a deal earlier this month to help fill the void. Still, Venezuela's output "is declining," says Rafael Quiroz, an oil economist at Venezuela's Central University. "If it dips below 2.1 m.b.d. ... it could bankrupt the industry...
...Spee, members play their games in the poker room or at the billiard table, near the French doors that open to the garden...
...Though the risk of continued or spreading violence remained, sociologists and security experts said they believed the significant dip in violence Tuesday night considerably lowered the risk of contagion - at least till the next time. French government officials aren't taking any chances on a possible resurgence in Villiers-le-Bel. French Interior Minister Michèle Alliot-Marie, for example, saluted the "calmed situation," but promised that considerably reinforced "police presence will be maintained for as long as necessary." Sarkozy also convened an urgent meeting of key cabinet members to discuss ways to prevent a renewal of attacks...