Word: hubs
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Dates: during 2000-2009
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...Dubai and its real estate market are vulnerable to an international economic downturn, especially compared with many of its Gulf neighbors. As the region's premier business, transportation and tourism hub, it is by definition more entwined with the global economy. And in tight times, Dubai lacks the windfall oil profits that have enabled sister emirate Abu Dhabi, for example, to amass a financial cushion in sovereign wealth funds totaling hundreds of billions of dollars...
...world's factory, is a wealthy city. But even here, the global credit squeeze is making it tougher for businesses to borrow money to cover their short-term needs. "Right now, we're facing trouble," says Tommy Lam, owner of a garment factory in Dongguan, a Chinese manufacturing hub near Hong Kong. "We're not getting repeat orders we're supposed to get. [And] banks are warning us they may cut our credit in the future...
...ever seen a new England boarding school or a Harry Potter film, you can picture the scene in Nashville: an idyllic campus with kindly professors who head the dorms, a dining hall that's a social hub and a living room, interhouse rivalries and organized activities galore. But if you're thinking high school, think just a little bit higher; this is the Commons at Vanderbilt University, a brand-new campus within a campus to house the entire class of 2012, 10 professors and its own Dumbledore-like dean. The school spent $150 million and a decade creating this community...
...avoid a brain-drain and keep local conditions intact,” Bruderlein said. But Bruderlein added that he hopes Harvard can still serve to connect the fledgling Lab with research being conducted at Harvard, despite the loose affiliation. The Harvard program now serves primarily as an information hub for conflict resolution practitioners worldwide through online portals, according to Zehra Hirji ‘10, a research assistant with the program. Bruderlein said he hopes that the Peace Lab will be able to learn from Indonesia’s success in peacefully resolving internal conflict to teach conflict resolution techniques...
London Calling. London's Stansted Airport, a low-fare airline hub, has been approved for expansion, which will increase its yearly flight capacity by nearly 10%, from 241,000 flights to 264,000 flights. The airport, located 45 minutes from London by express train, currently has one runway; plans to build a second one may get off the ground as early as 2009. (Also, in a few months, the U.K. government will determine whether Heathrow gets a third runway...