Word: globalizes
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...states remain huge and unwieldy - for example, the north Indian state of Uttar Pradesh, with its estimated 190 million people, would be virtually tied with Brazil as the fifth most populous country on earth but it would also possess 8% of the world's population under the global poverty line. With a country of India's size and diversity - as well as poverty - there is logic in having smaller states. "It will in fact strengthen [governance] through economic and administrative convenience," says Delhi-based political analyst Paranjoy Guha Thakurta. "India can survive and prosper by breaking...
Near London shuns humanoid avatars; visitors are instead represented by a colored shaft of light. "If you give them bodies, it gets in the way of the experience," says Alex Wrottesley, founder of Near Global, the firm behind the London site. Because you're shopping for yourself, not your avatar. Moreover, he adds, humanoid avatars "really don't look very good." You can also access Near London through Facebook, which means friends can browse and shop together in real time. (Talking to strangers is not allowed...
...Near Global has invested around $16.5 million in its London site. Wrottesley expects a quick return. Some revenues come from fees paid by client retailers. But all retailers, clients or not, also pay for clicks to their sites, and Near Global also earns a commission on all items sold. Advertisements will generate additional income. Little wonder that Near Global is talking to a potential partner about doing virtual versions of major U.S. cities, starting with New York. A virtual Tokyo is also high on the to-do list. Soon you might be able to enjoy a shopping spree that takes...
...President Michelle Bachelet, a moderate socialist and Chile's first female head of state, remains hugely popular; but Frei Ruiz, 67, hasn't been able to exploit her cachet and has instead come to symbolize the Concertación's staleness after two decades in power, especially as the global recession slows Latin America's most envied economy. Frei Ruiz's problems have been highlighted by the remarkable rise of a third candidate, Marco Enríquez-Ominami - born, ironically, in the cataclysmic year 1973 - a socialist who bolted the Concertación and is gleaning younger voters weary...
...actually spent his time in Mumbai "taking pictures and making videotapes of various targets," including those that would eventually be attacked - the Taj and Oberoi hotels, Leopold Café, Nariman House and the Chhatrapati Shivaji Terminus, the city's main railway hub. (See a story about Pakistani jihadis going global...