Word: last
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Dates: during 2000-2009
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Take Jessica Laux, a 32-year-old mother of two in Pittsburgh, Pa., who shops regularly at Saks and Nordstrom. "I'm hopeful there's going to be similar deals as there were last year - and almost expecting it, given the current state of the economy," says Laux. She remembers 2008's steep holiday discounts and is unimpressed with the paltry 30% markdowns that are currently being offered. "Seeing 30% isn't going to make me shop earlier," says Laux, who adds that she'll do the bulk of her shopping in the final two weeks before Christmas...
...which President Barack Obama will host India's Prime Minister Manmohan Singh at a White House state dinner on Tuesday won't alter a perception in India that it has lost ground to China in the new Administration's Asia policy. Many in New Delhi saw Obama's performance last week in Beijing as acquiescent toward an emboldened Beijing, New Delhi's longtime regional rival. And they see India having a diminished role in the economic and geopolitical calculations of Obama's White House - at least in comparison to the centrality it enjoyed in the Bush Administration's Asia policy...
...Part of the price for that new reality, many in India believe, is a downgrading of their own concerns. Singh will be in the U.S. on the anniversary of last year's Mumbai terror attacks, which were orchestrated by Pakistan-based groups with traditional ties to Pakistan's military intelligence organization, the ISI. But while Obama and his Afghanistan envoy, Richard Holbrooke, have urged India to make concessions on the decades-old Kashmir dispute in order to help Washington's efforts to persuade the Pakistanis to focus more resources on fighting the Taliban, little has been done to coerce Pakistan...
...long-standing border disputes with India, and its building up of the Pakistani military, makes many in New Delhi reluctant to welcome Beijing as a benign presence. Indeed, some fear India is being encircled by Chinese listening posts and bases around the Indian Ocean. And when tensions spiked last month over China pressing its claim to territory inside India, the U.S. remained silent...
...room enough for both India and China to peacefully emerge as world powers, and Singh has made no complaints about the change in atmosphere in Washington. His visit, he insists, is simply an opportunity "to renew the partnership." It'll look to formalize elements of the nuclear deal penned last year, which grants India access to a range of technologies that it had previously been blocked from acquiring. Measures will also be taken to expand trade, promote educational links and boost cooperation on research into vaccines. The two sides are also expected to sound the right notes on climate change...