Word: landing
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Dates: during 2000-2009
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...been the official pronouncer since 2003. How did you land...
...disgruntled Dubai investors after he found that the developer of a villa he'd bought near the future site of Dubailand wasn't depositing his money in an escrow account reserved for construction funds. He suspects his and other investors' money was used by the developer to purchase more land and then sell off more units without ever starting construction at a single site. "It seems to be some kind of Ponzi scheme," he says. What's worse, he then discovered that the company may have sold his property twice. "I thought Dubai looked like the safest place to invest...
...Things are likely to get worse for India's Communists before they get better. Their defeats stem in part from a record of poor governance in the states where they draw most of their support; in West Bengal, a move by the ruling Communists to take land from peasants for private industrial projects led to a voter backlash in May's elections. Party insiders expect the outcome of state assembly elections in 2011 will end their already thin grip on power, and a growing schism between CPI-M politicians pushing for capitalist reforms and the more orthodox intellectual elite...
...little surprise that far-left politics have thrived in India, where a third of the country remains below the poverty line and the majority still ekes out a living in the countryside. While the main Communist parties have always tied their lot to parliamentary democracy, championing land reform and opposing moves toward privatization, myriad splinter groups fighting for the marginalized and dispossessed continue to wage bloody insurgencies in pockets of the country. Still, India's remarkable economic growth in recent decades and its emergence as a key player in global affairs under the Congress-led government of Manmohan Singh...
...coalition and Singh barely survived a no-confidence vote. Experts now anticipate an India that will be more muscular in its regional affairs, better equipped to deal with the urgent policy challenges posed by a rising China. Some in the CPI-M foster a sense of solidarity with the land of Mao that Beijing has never reciprocated. "There is some kind of strange blindness to China," says Nigam, the former CPI-M member. "I don't even know how [the Communists] still see it as socialist. China is not in any way different from any other one-party, authoritarian state...