Word: globalization
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Dates: during 2000-2009
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...pictures of the global financial crisis...
Slowly, Cape Town's scene is showing signs of new life. This year, for example, marks the 10th anniversary of the Cape Town International Jazz Festival, which is fast gaining global renown. Scheduled for April 3-4, it now has more local artists than ever on the bill...
Although the U.S. government has battled drugs for decades - President Eisenhower assembled a 5-member Cabinet committee to "stamp out narcotic addiction" in 1954 - the term "War on Drugs" was not widely used until President Nixon created the Drug Enforcement Administration (DEA) in 1973 to announce "an all-out global war on the drug menace." While reports of widespread heroin use among soldiers in Vietnam sparked an intense outcry, but by 1975 attention had turned to Colombia's cocaine industry. When Colombian authorities seized 600 kilos of cocaine hidden in everything from shoeboxes to a dog cage containing a live...
...more than a decade, Britain's Prime Minister Gordon Brown has been urging an overhaul of the world's financial regulation and institutions in response to increasing globalization. The global economic crisis, which has hit Britain hard, has given him a rare chance to get his message across. In the midst of intensive preparations for hosting the G-20 meeting in London, he sat down with TIME at 10 Downing Street to discuss his hopes for the summit. (See pictures of Brown...
What are your expectations for the G-20 meeting? We've got a quite unprecedented global crisis, but there is going to be unprecedented global cooperation. In 1933 a world economic conference took place in London. It was designed to deal with the problems of that particular crisis and to stop the drift toward protectionism. The conference was a total failure. [Now] we see so many countries who want to be part of a global set of measures that can help...