Word: globality
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...event. I have a long personal connection to South Africa, having written one book about the country, and then, in the 1990s, I had the great privilege of working with Nelson Mandela on his memoirs. I'm looking forward to being in Cape Town for both the Global Forum and the World Cup, which we will cover with a special issue on global soccer. See you in the Mother City...
...University has been working hard to navigate an extraordinarily difficult economic environment since the collapse of the global financial markets more than a year ago,” the statement read. “Still, we are hopeful that the good working relationship that exists between the HUCTW leadership and our Labor Relations team will yield a constructive dialogue and that negotiators will be able to reach an agreement that benefits both the HUCTW and the rest of the Harvard community...
...clear that water is the central natural resource that is going to have the greatest global impact in the next century,” Schwartz said...
This increasing truculence is a direct reflection of a rapidly shifting economic balance of power. One of the consequences of the financial crisis of 2008-09 was the catapulting of China to the forefront of the global economic system. That trend wasn't created by the crisis, but the crisis certainly accelerated it. As the U.S., Europe and Japan contracted sharply, China registered its own brief, if scary, dip and then proceeded to use its trillions in foreign reserves to undertake a massive spending program. More effective than similar stimulus packages in the United States and elsewhere, the approach...
China's relative strength has attracted considerable attention. From Washington to Tokyo to Davos, global business leaders are hailing China's resilience and calling on Beijing to take a greater role in governing the global economy. Its model of state-driven capitalism, having weathered the storm, has won widespread praise (as well as criticism), and slowly Chinese leaders have taken note. Now there are signs that all the talk of the Chinese miracle has started to have an effect - and not a good one. (See TIME's special report on Davos...