Word: friction
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...geopolitics of the Taiwan Strait is a delicate balancing act between Taiwan, China and the U.S. What's said and unsaid can either generate harmony (or at least a temporary truce in the continual war of words between Taipei and Beijing), or friction, or at worst outright conflict. In this complex triangular relationship, Washington is in the most awkward position. It has a "one China" policy but is obligated by its Taiwan Relations Act to come to the island's defense if Taiwan is attacked by the Chinese military. Indeed, in 1996, Washington dispatched two aircraft carriers to the waters...
Olympians still train like the ancients, twirling on the pommel horse for hours, waking up at 6 a.m. to run 50 laps by breakfast. But athletes are increasingly using the latest innovations to help them gain an edge. These include sharkskin swimsuits that reduce friction, video goggles that let rowers watch themselves paddle and speedometers for sprinters...
...Regardless, South Korean politics seem poised for a sharp left turn. Many Uri Party members want more economic aid funneled to North Korea, which could increase friction between Seoul and Washington over how to deal with Pyongyang's nuclear-weapons program. Seoul's plan to send 3,000 troops to Iraq by the end of June could also be in jeopardy. Officially, the Uri Party supported Roh's decision to send Korean troops. But the deployment could now come up for debate again. The Uri Party's parliamentary leader Kim Keun Tae says: "We have to examine carefully whether...
Meanwhile, semiconductors are creating trade friction with China. Last month Japan and the European Union publicly supported a complaint the U.S. filed with the World Trade Organization against Beijing for imposing a 17% tax on imported semiconductors while levying 3% on chips made domestically. The policy has helped attract chipmakers like Taiwan Semiconductor Manufacturing Co. to open plants on the mainland. One U.S. trade group estimates that at least 19 new semiconductor facilities will be built there by 2008. --By Julie Rawe...
...together. The flashy Anil, who is married to a former film actress, likes designer clothes and jogs every morning, his chauffeur driving slowly behind. Mukesh is sedate and prefers spending time with his children or catching up on technical journals. For now, at least, there is no sign of friction. Mukesh and Anil live under one roof with their families and their mother Kokilaben, called Mummy by Reliance employees...