Word: globality
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Dates: during 1990-1999
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...global economic integration, led by multinational companies, gathers momentum, a popular backlash is building. Protesters aren't against trade, but they want corporation-friendly rules to include social concerns--the environment, labor rights, Third World poverty. And they want it now. More than 775 nongovernment organizations have registered with the WTO, bringing some 2,100 observers. "The WTO is an octopus with an arm into every little crevice of democracy," says Lori Wallach, director of Public Citizen's Global Trade Watch lobby. "It trumps domestic laws and international treaties and imposes one-size-fits-all rules...
There is something mystical about the man and his music. Before Bob Marley, reggae was an island; after Marley, reggae was global. And almost 20 years after his death, Marley's influence is still growing. A dance remix of his hit Sun Is Shining is the No. 1 song in U.S. clubs. Next month an all-star tribute to Marley will be held in Oracabessa Bay, Jamaica, featuring performers ranging from Sarah McLachlan to Busta Rhymes (it will air on TNT Dec. 19). And next month Bob Marley: Soul Rebel (Thunder's Mouth; 144 pages; $22.95), by former Billboard reporter...
...addressed some of the most demanding problems facing us in the 21st century--particularly in light of Malthus' 18th century theory that population growth will overpower the planet's ability to sustain itself. Scientific inventions and discoveries ameliorate the problem but not enough to prevent global disaster. Widespread demand for food and manufactured products has contaminated our food chain, arable land and water sources, as well as the air we breathe. We must all begin to cope with the results of urban sprawl and help prevent the destruction of Earth's ecological balance and the life of our planet...
...Domenici, pointed out that those estimates factor in two mild recessions sometime during the next 10 years and include assumptions that "do not contemplate the kind of growth that is actually going to occur." That would imply surpluses even greater than projected--a prospect confirmed by Allen Sinai, chief global economist for Primark Decision Economics, a forecasting firm. Sinai's "baseline" forecast, assuming no changes in taxes or spending patterns, is for a non-Social Security surplus of $1.3 trillion, or 30% above the official guess for the next decade...
...even abroad, it's not Hollywood-friendly riots or atomic disasters that we should be fearing. It's economic trouble. Even if one of these countries suffers a Y2K-related banking shutdown, it could cause ripples in the global pool. And that's why Y2K command-center staff members won't be popping Champagne corks if midnight comes and goes without incident. There will be at least another week of active duty on the financial watch ahead of them. The date many Y2K watchers are waiting for is not Saturday, Jan. 1, but Monday, Jan. 3, when the world...