Word: landings
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...country was largely unmentioned, taken for granted. In recent years, however, there's been a surge of racially tinged nationalism, particularly among the young and coalescing around the Australian flag, which has become the symbol of a new tribe of über-patriots up and down the land. In 1997, anti-immigration politician Pauline Hanson draped herself in an Australian flag for one of the country's most notorious campaign photos - a testament to her "Australianness," and specifically her white Australianness. In December 2005, during the infamous Cronulla Beach race riots, thousands of youths draped in flags rampaged against nonwhites...
Dubai's rise had been decades in the making, but the property market really exploded following a 2003 law change that made it easier for foreigners to own land. With credit cheap and readily available, no income tax, and many more sunshine hours than Britain or Russia, Dubai attracted a new wave of Europeans, who arrived with big hopes and little understanding of Muslim values. In one infamous culture clash, two Britons were imprisoned for having sex on a public beach and insulting police officers after a drunken Friday brunch...
...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...