Word: growing
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...Over the past two years, soaring demand from China for everything from steel to palm oil to semiconductors has been the engine driving Asian economies. Fear of overheating, however, has forced Beijing's policymakers to curtail bank lending and new investment. For next year, Morgan Stanley expects China to grow at a still swift 7%, but that's much slower than the 9.5% forecast for 2004, and sluggish enough to dampen growth throughout Asia. Japan might be hardest hit. Though a sparkling recovery there had fueled hopes that more than a decade of stagnation had finally come...
...continues to accumulate wealth, so Asia's role on the world stage is bound to grow. Japan will soon be joined by China and India as economic giants, with the riches?should they choose to spend them this way?to build great armies and seek regional political power. For 50 years, the U.S. has been the essential balance wheel in Asia, helping its friends, keeping power distributed?as Asians might say?harmoniously. In the future, that task will be even more vital than it has been in the past. The choice of a U.S. President, even a re-elected...
...It’s an agricultural state where food is grown and cattle raised. But I’m a firm believer that family farms do more than raise food. They raise values and work ethic and so it’s a great place to grow...
Scientists at Harvard and elsewhere have said that human embryonic stem cells, which can grow into any human tissue, could be used to find cures for some debilitating diseases. The Bush administration has said that existing stem cell lines are sufficient for such research...
...their signal, a weary public watches the spectacle with a different emotion. If the pollsters are right, there is a mass of voters--off the media's radar because they seldom scream--who can live with either outcome but dread an Uncivil War. As the warnings of chaos grow more dire, they could be forgiven for caring less about who wins this election than about how he wins and when. A TIME poll finds that 48% of Americans believe that an illegitimate winner may prevail; 56% are ready to abolish the Electoral College. "A certain amount of shenanigans is standard...