Word: happening
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Dates: during 2000-2009
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...Sony's obsession with verisimilitude is oddly out of place in a virtual world. And you see that same fixation repeated endlessly throughout Home. It's as if the Sony guys, watching some of the abuses at Second Life, were worried about what would happen if they gave control to the users. But hasn't the past decade, and the past five years especially, been about putting the user in control? Even the iPhone, which comes from the controllingest control-freak company of them all, Apple, is an open platform upon which any developer can build applications. Home could definitely...
...China needs a new economic miracle - and the trajectory of the global economy may depend on whether one can be conjured up. China, theoretically, should be one of the locomotives that will eventually help pull the world out of its slump. That won't happen overnight; overhauling the world's fourth largest economy is going to take some time. For the moment, to tread water, Beijing is frantically throwing money at infrastructure projects, much as U.S. President-elect Barack Obama now promises to do in America. But ditch-digging on a national scale, Beijing knows, will not take China where...
...heavily in Chinese clean-tech companies - most recently in a Beijing firm called NetPower Technologies, which makes a battery that helps power-hungry businesses reduce their electricity consumption. "The government is just letting the venture-capital market rip in this field," says Tam. "It's exactly what needs to happen to develop new technologies and new jobs in China. I think in a lot of ways this is our future...
...next miracle, in other words, may be harder to pull off than the last one. That doesn't mean it won't happen. Consider what, in 1978, constituted a "rich" eligible bachelor in urban China. He had to own a radio; he had to be able to buy his bride a fashionable wristwatch made by a state-owned company no one would ever confuse with Rolex. And he had to commute on the coolest set of wheels available: a bicycle called the Phoenix...
...collapse in 1998, and prompting nervous talk around kitchen tables about what to do this time around. On Dec. 4, Putin fielded vetted questions from around the nation on a televised call-in show. One of the most poignant was a text message from an unnamed viewer: "What will happen to the ruble, and what is the best currency to keep deposited in the bank?" Putin's hopeful reply: "There will be no sharp fluctuations in the ruble's exchange rate...