Word: lande
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...What They're Buying in Britain: A coalition of environmental activists has purchased a small plot of land earmarked for a third runway at London's Heathrow Airport and plans to sell it in several thousand chunks in a bid to snarl the proposed development. The group, which includes Oscar-winning actress Emma Thompson, says the expansion would force the demolition of homes and increase pollution...
Hail to the Chief TIME's nomination of Barack Obama as Person of the Year was a fitting tribute to a man who achieved the impossible in the land of the free by transcending barriers of race, religion and region to take the mantle of leadership in a country that once again can inspire the rest of the world [Dec. 29]. TIME's presentation of pictures and features on Obama makes him simply the most celebrated man in our time. K. Chidanand Kumar, Bangalore, India...
...history of the earth - at least at that time. Judging from the size of the crowds and the hype and buzz he has generated, Obama has reached new heights. Is Obama another F.D.R., who will lead us out of this depression? Who will lead us into a political promised land? He sure feels like it. Melvin H. Kirschner, Granada Hills, Calif...
...this "great reversal," Beijing's Xiushui Market, a thriving shopping area popular with tourists, was effectively expropriated by the city. The entrepreneurial founder of Kelon, China's most successful refrigerator maker, had his company seized in a backdoor takeover by local officials who then ran it into the ground. Land grabs by officials intent on real estate development soared. Rural credit cooperatives backed away from entrepreneurial finance and morphed into "policy pawns and cashiers of local government." The government abandoned attempts to develop village-level democracy and instead strengthened the Communist Party in the villages. And finally, fiscal and administrative...
...Most U.S. Treasury Secretaries come to the job after long careers on Wall Street (Paulson, Robert Rubin), in industry (John Snow, Paul O'Neill) or in politics (Lloyd Bentsen). Geithner, born 14 days after Obama, will, by contrast, be one of the youngest Treasury Secretaries ever, and he will land in the office at one of the most critical junctures in U.S. economic history. But his elevation to the top job at Treasury has long been expected. Geithner has been doing older people's jobs for years. I first met him 18 years ago, when we were both based...