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...Plenty of stock analysts and fund managers disagree, arguing that prices are simply keeping pace with China's remarkable economic rise. The country's GDP grew 10.7% last year, the highest rate since 1995. But the bulls are increasingly being drowned out by those who see the kind of reckless speculation that often occurs in overheated markets. Beijing officials, worried there could be another Chinese market meltdown like one in 2001 that soured the public on stocks for years, are sounding the alarm. On Dec. 30, Cheng Siwei, a vice chairman of the National People's Congress, cautioned investors against...
...crack down on bribery. One hundred and forty governments have now signed a 2003 United Nations convention against corruption. There are currently more than 100 foreign bribery investigations under way worldwide, according to Angel Gurría, the o.e.c.d.'s secretary-general. One of the cases with the highest profile involves the huge German firm Siemens, which is under investigation for allegedly paying bribes to win telecommunications contracts. The company said recently that, on checking its books for the past seven years, it has found $550 million in payments it could not clearly identify...
...answer depends on where you live. The highest courts of seven states, including Connecticut and Kansas, have ruled that a woman may withdraw her consent at any time, and if the man doesn't stop, he is committing rape. Illinois has become the first state to pass legislation giving a woman that right to change her mind. But in Maryland--as well as in North Carolina--when a woman says yes, she can't take it back once sex has begun--or, at least, she can't call the act rape...
That was the recent ruling by Maryland's Court of Special Appeals in a case that may soon make its way to the state's highest court and that has captured the attention of feminists and legal experts across the country. Advocates for victims' rights insist it's not just a matter of allowing a woman to have a change of heart. If the law doesn't recognize a woman's right to say no during sex, they say, there is no recourse for a woman who begins to feel pain or who learns her partner isn't wearing...
This logic has inflamed feminists and editorial-page writers. "The decision is philosophically from another century, from a time when our rape laws were based on the concept of women being property of men," says Berkowitz, whose organization will push for a legislative remedy if Maryland's highest court doesn't reverse the ruling. In the meantime, the defendant is serving a five-year sentence, and the legal world continues to debate how quickly--if at all--a man must go when a woman says...