Word: localitis
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Indonesia is ASEAN's largest economy. It is also where Obama spent part of his childhood, snacking on his favorite bakso meatballs and learning the local language. (In Singapore, the U.S. President is slated to hold a bilateral meeting with his Indonesian counterpart Susilo Bambang Yudhoyono.) But the U.S. President's scheduled joint appearance with ASEAN leaders is about more than childhood sentimentality. For decades, the U.S. held a comfortable position as ASEAN's third-largest trading partner. No more. China displaced America last year. Even with persuasion from the popular U.S. President, it will be hard to convince Southeast...
...collapse of three Icelandic banks in October 2008 meant cranes across the country came to a halt. A broken economy has led to rock-bottom rents. And while the new lows may have hit local landlords hard, it enabled a kind of tenant once prohibited from the high-traffic destination to move in - emerging fashion designers. "Creativity doesn't stop when the money goes," says Runar Omarsson, co-owner of Nikita, a street-wear line that caters mainly to skate- and snowboarders. "It is important to look at what we have and make something out of it. There are valuable...
...eminence in Southeast Asia isn't yet a foregone conclusion. Countries like Vietnam, which was colonized by its northern neighbor for a millennium, are wary of China's growing footprint. And in nations like Indonesia, Burma and Cambodia, it wasn't so long ago that the economic dominance of local Chinese communities catalyzed bloody pogroms and discriminatory laws against the ethnic Chinese. Despite the occasional bursts of anti-Chinese violence, businesses in Thailand and Indonesia are still disproportionately controlled by overseas Chinese today. As a consequence, even as Beijing pleads that it's only interested in trade - not political influence...
...Uganda, but the results were encouraging. In Tanzania, the number of families who bought genuine artemisinin combination-therapy drugs jumped from 1% to 44% after one year, and in Uganda, the proportion of people buying the recommended drugs went from 0 to 55%. Nahlen, however, points out that local health infrastructure varies greatly, and success in one place does not necessarily mean success in another...
...raised over $13,500 selling lemonade and cookies to build a new playground for a local park. A year later, she mobilized classmates to record and distribute 150 books-on-tape to help disadvantaged children in her community learn to read. And earlier this year, she e-mailed over 100,000 elementary school teachers across the nation, asking their classes to participate in a card-making campaign for nursing home residents. This last effort resulted in her family’s e-mail service being temporarily shut down because she was suspected of running a spam operation...