Word: growning
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...answer to the relatively short-term ups and downs of the economic cycle. It's a response to the longer-term fact that too many people are missing out on a historic, century-long improvement in the quality of life. In many nations, life expectancy has grown dramatically in the past 100 years. More people vote in elections, express their views and enjoy economic freedom than ever before. Even with all the problems we face today, we are at a high point of human well-being. The world is getting a lot better...
...evenly and some worry that Macau - which once had a manufacturing sector to balance tourism as a source of jobs - has become a one-trick economy that is dangerously reliant on the gaming industry. Gambling taxes now account for three-quarters of the government's revenues. The industry has grown so rapidly, it is even stunting the development of other sectors by vacuuming up the best talent. Says Lawrence Ho, CEO of Melco Crown Entertainment, one of Macau's casino operators: "When one sector grows so fast, the rest of the sectors can't catch...
...Indian economy is slowing this year, but even if it grows at only 7% or 8%, it will be doing far better than the U.S. and most of Europe. The Indian multinationals that have grown out of the 10-year boom look as strong as ever, with outsourcing giants like Infosys and Tata Consulting Services growing very robustly. Their success has created a huge middle class for which 12% inflation is more of a nuisance than a worry. The long-term future of the Indian middle class is secure. The factors that have driven its success - a sure grasp...
...McKay; rated R; out now So how did this farce, about two severely immature guys (Will Ferrell and John C. Reilly) forced to live together, earn its R rating? Actually, we can't say. Gross-out jokes aside, this is a minor entry in the grand comic tradition of grown men playing children and idiots destroying things...
...places" but admits that "they don't need us in Switzerland." As crime rises in many cities, so do his profits: his company sold $9 million in 2007 and matched that figure in just the first seven months of this year. The prestige of wearing Caballero-secured clothing has grown too, drawing high-profile clients like King Abdullah of Jordan, Venezuelan President Hugo Chávez and actor Stephen Segal. But be warned: in this élite circle of the secure and stylish, there is a hidden cost. In the unfortunate event of stains--blood or otherwise--the garments...