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...Last year, total fixed-asset investment accounted for more than 90% of China's overall growth; residential and commercial real estate investment comprised nearly a quarter of that. Toss in the not insignificant fact that it was a huge real estate bust in the U.S. that dumped the world into recession in the first place, and many analysts are now beginning to fear the worst. "China's property market," says independent Shanghai economist Andy Xie, "is a massive bubble." (See TIME's photo-essay "The Making of Modern China...
...came out with a new mindset,” Rosekrans said. “A new day meant a clean slate. We knew it would be a huge deal if we won because they’re only a few spots behind us in the rankings. [The win] came at a crucial point in the season. It really boosted our morale...
...addition to the impact on the civil courts, our family and juvenile courts are about to take huge hits," says Don Mike Anthony, president of the Los Angeles County Bar Association. He says custody orders, divorce and child support matters that now take 30 days will soon take four months. In addition, the court will no longer provide financial support and supervising personnel to the Court-Appointed Special Advocates (CASA) program which works on behalf of abused, neglected and abandoned children involved in dependency court matters. Among the mundane cuts, a reduction of the popular night traffic court from twice...
...explains, "I had very good relations with the director of Israeli military intelligence." He adds that representatives of the two forces meet "every six months to discuss if there is any infiltration or smuggling." His credentials and contacts in Israel and with the powers that be in Cairo carry huge weight. When TIME requested an interview with the head of North Sinai's security forces, the director of the government-run press center in North Sinai's capital, Al-Arish, just laughed. Said Yahya Mohamed: "The governor is the security...
...security challenges to U.S. terrorism challenges. That may be a stretch. Gaza, a tiny, densely packed territory fenced in by Israel and run internally by the militant Islamist group Hamas, is hardly Mexico. But North Sinai's significance in the broader scheme of Egyptian national security is huge. Egypt fears spillover from Gaza's internal crises and has warned of foreign-terrorist infiltration via the tunnels. Asked about a recent protest outside a state security center by several dozen Bedouin women who were demanding trials or release for their loved ones, the governor only chuckled and said...