Word: jeans
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Dates: during 2000-2009
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...current recession has been deeper and longer than the past two. "It's a very different story today," says First Eagle's Jean-Marie Eveillard, one of the few managers to produce positive returns when stocks plunged earlier this decade. "The landscape is different, and the recovery, when it comes, probably won't be along the lines of what we have seen in the post--World War II period...
...Manhattan's most ambitious new player has to be Co. (pronounced "company") in Chelsea, whose crisp white tables and pale wood-paneled interior serve as a modern palette for an equally contemporary menu. Partially owned by celebrity chef Jean-Georges Vongerichten, Co., located in the Chelsea neighborhood, owes its true buzz - and bona fides - to chef Jim Lahey, who owns the beloved Sullivan Street Bakery, a New York City institution...
...Gabon - where Bongo is in temporary seclusion to mourn the death of his wife - government spokesman Alain Akouala Atipault assured that "there's nothing concrete in this affair, and there will be nothing legally concrete." Though French officials initially refused to comment on Desset's ruling, Paris prosecutor, Jean-Claude Marin, announced Thursday he had appealed her decision to investigate the claim...
...contribution to the world economy grew by just 1%, the industry's worst performance since the bursting of the high-tech bubble, the outbreak of SARS in Asia, and the terrorist attacks on 9/11 hit international travel earlier this decade. "The last months have been increasingly challenging," says Jean-Claude Baumgarten, president of the World Travel and Tourism Council (WTTC), an organization of travel executives, "and we clearly haven't seen the end of it yet." (See pictures of depressing destinations...
...that's not all. Proposals by architects such as Briton Richard Rogers, Italian Paola Vigano, and Frenchmen Jean Nouvel and Christian de Portzamparc involve building futuristic skyscrapers with huge hanging gardens; creating vast city-center parks, green spaces, and even a new forest with a million carbon-battling trees near Charles de Gaulle airport; and renovating disused banks of the Seine. The river, meanwhile, is to be developed into a major transport link for goods to and from the Channel port of Le Havre - which, thanks to a new high-speed train track, will itself become a virtual suburb...