Word: lands
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Dates: during 2000-2009
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...Stern in 1979. That fired the musical interests of the Chinese at the same time the country's domestic policies were boosting music in other, unintended ways. Even during the Cultural Revolution, there was a need for musicians who could play the approved political operas; young people clamored to land those jobs, if only because that would permit them to remain in the city, rather than being sent to collectives in the country. What's more, China's one-child policy made parents protective of the tiny families they were allowed to have and reluctant to take any chances with...
...when property prices began to fall last year, people like Lepik, who had grown accustomed to making 50% a year on their real estate investments, suddenly struggled to sell. As the banks that helped finance the boom clamped down on credit, dozens of companies went bust. Land on the outskirts of Tallinn that had cost $0.50 per square meter in 2000, and peaked at $90 per square meter in 2006, now fetches just...
...Inserting an amendment concerning stormwater control in a state constitution does seem rather bizarre. Outside of federal jurisdiction, a state’s constitution is the highest law in the land. When future generations look back upon me and my fellow Missourians, they will see within the constitution our dearest-held beliefs: habeas corpus, religious freedom, due process of law, independent courts, and now a clause “limiting availability of grants and loans to public water and sewer districts only.” Perhaps, in a century, Missouri’s constitution will be known as the Magna...
AUSTRALIA Drop in currency value since a year ago: 28% The Aussies' unoriginally named currency almost managed parity with the American dollar in recent years. Not anymore. The Down Under dollar now gets you only about 66 cents. But that opens the Land of Thunder's many delights to the American budget traveler - once, of course, you mortgage your devalued home for a plane ticket. Round-trip tickets from New York City to Sydney are going for about $1,400. On the upside, when it's winter in the North, it's summer over there. (Except financially - then...
...South Koreans, the current economic meltdown has a sickening familiarity. During the 1997 Asian financial crisis, the South Korean won lost 52% of its value against the dollar. Things haven't gotten that bad yet in 2008, but there are still plenty of sudden bargains in the Land of Morning Calm, long an unjustly ignored travel destination. Bewildering Seoul boasts dramatic mountains, spicy street food and gorgeous royal palaces. Beyond the capital - where almost half the country lives - South Korea has arty port cities like Busan and cultural centers like Gwangju. And anywhere in the country you can get soju...