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...this special report, we look at one overlooked aspect of a generation's worth of global growth: the extent to which New York City, London, and Hong Kong, three cities linked by a shared economic culture, have come to be both examples and explanations of globalization. Connected by long-haul jets and fiber-optic cable, and spaced neatly around the globe, the three cities have (by accident - nobody planned this) created a financial network that has been able to lubricate the global economy, and, critically, ease the entry into the modern world of China, the giant child of our century...
...matter whether the KMT's Ma or the DPP's Hsieh wins the presidential election in March, Taiwan will most likely begin to have direct trade and air links to China. Currently, what would be just a 90-minute trip between Taipei and Shanghai is a nearly seven-hour haul through a third city, usually Hong Kong. Taiwan's businessmen have lobbied for direct flights for years, but China has been unwilling to negotiate because of its anger at Chen...
...this movie can ever gross because of these factors. The way it reads, it doesn't feel very redemptive. It's not a big gotcha kind of film. Arthur dies. I don't get a job. If you made It's A Wonderful Life today, they'd have to haul Lionel Barrymore off at the end and put him in jail. That's how the bad guy has to get got. The reason that movie's a perfect film is because the redemption comes through the fact that Jimmy Stewart gets to go home to his family...
...beat Hillary in Iowa, she beat us here. Obama beat her in Iowa, she beat him here," said Jonathan Prince, Edwards' top strategist. "If you have these results on February 5, no one's the nominee. No one's anywhere near 50 percent... And we think over the long haul we're going to be very competitive...
Today's high prices, unlike those of the 1970s, aren't the product of a passing shock. There's reason to expect more increases over the long haul. What prices do in coming months, though, is anybody's guess...