Word: hardding
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...counters that everything he has done is in Taiwan's best interests, especially concerning the economy. The global financial crisis hit trade-dependent Taiwan especially hard. Exports in April plunged a staggering 34% from the same month in 2008 - the sixth consecutive monthly double-digit decline - as demand for the island's computer and electronic equipment shriveled in the U.S. and Europe. The government expects GDP to contract 3% in 2009; some private estimates predict worse. The severity of the crisis brought new urgency to the effort to improve ties with China in order to capitalize...
Geithner has said he'd like to see the board reduced to 20 seats, with more say for the BRIC bloc. Although that makes economic sense, it will be very hard to achieve, warns Prasad: "It's a zero-sum game: for someone to gain a bigger role, someone else has to lose theirs...
...from last year's highs. "You can't just put in more capital," he says, arguing that Dubai needs to be more transparent about the seriousness of the real estate crisis, and diversify its economy. "At some point demand has to meet supply. Dubai needs to think long and hard about rebranding itself into something more than just a luxury real estate investment paradise. Right now investors are scared...
...Seoul, a French crime lord in Hong Kong and an American drug-dealer in Tokyo. Sam Raimi brought a horror movie about a gypsy curse, and Quentin Tarantino enlisted in a fantasy World War II. Gay lovers disported in China, and Ang Lee found psychedelic bliss in Woodstock, 1969. Hard-core sex and violence splattered the giant Lumiere screen...
...When [the coalition] started, we first needed to study and learn to trust each other. We have achieved that, and we are now looking at the problems our people are facing. It would be wrong to say the first 100 days were wasted. They were 100 days of serious hard work...