Word: highes
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...must finally abandon the script it followed to become an industrial superpower. The global economic crisis has exposed the country's overdependence on its manufacturing-for-export model. GDP in the first quarter plunged a staggering 15.2% as demand evaporated for cars from Toyota, Honda and Nissan and for high-end electronics from Sony and Panasonic. Japan can no longer expect economic growth to be generated almost exclusively by a handful of powerful multinational manufacturers. Increased domestic consumption as well as investment in small- and medium-sized enterprises are needed to help drive economic growth. This will require major change...
...postconsumerist funk for the foreseeable future, Japan needs to redouble its efforts to strengthen trade and diplomatic ties with its neighbors - not only to counteract China's growing influence in Asia, but also to grab a greater share of fast-growing Asian markets. "Japan can benefit from high Asian growth rates even with low domestic demand," says JPMorgan's Kanno. Closer relationships with Asian economies, including China, can be facilitated by participating in regional free-trade agreements; in particular, Japan could win more friends by opening up its agricultural sector to cheap food from overseas in exchange for greater access...
...very much a cultural misfit at high school in Cairns - he describes his time there as the worst years of his life. "I desperately wanted to fit in but there was no way that I could, not with the way I looked. Also, I knew I was gay but didn't understand what that was." He went on to study architecture at the University of Queensland, where a love for theater was sparked, and moved to Sydney in 1969. Yang tried to make a living as a playwright but found it too difficult, so he switched to photography, holding...
...Taiwan is different. Since 1987, when the ruling Kuomintang (KMT) lifted martial law, the island has gradually become a thriving, if somewhat rambunctious, democracy. Its 23 million people determine its future, not Beijing or London or Lisbon. A sizeable portion of the population - some estimates put it at as high as a third - opposes Ma's overtures to China. It's this constituency that nurtures former President Chen's pro-independence opposition Democratic Progressive Party (DPP). Even those who favor eventual unification with China embrace a strong sense of Taiwan identity. (Read "China and Taiwan Draw Closer, Amid Protests...
...like a man. Her time wouldn't even have gotten her into the men's heats in Berlin. But in the flesh - at a homecoming in Polokwane, Limpopo's main city - Semenya's appearance was just as startling as it was on the track. At first, she rode high in an open-topped car, blushing and waving like a prom queen. A few minutes later, it was a burly-looking Semenya who rolled up to a microphone, baseball cap on backward, and thanked the crowd in a cracked baritone. Family and friends admit there is more than a hint...