Word: localized
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...MacDonald says that this distinctive character is slowly disappearing because high rents make it difficult for local businesses to compete against national chains...
...music stores in past years. Duncan H. Browne, CEO of Newbury Comics, which has a branch on JFK St., said he remembers when Harvard Square used to be densely populated with music stores. “Now it’s a veritable desert,” Browne said. Local record store owners attributed the decline to the economic recession and the digital availability of music. At Planet Records, which has operated for 25 years on JFK St., owner John Damroth said he has seen his business decline steadily in the last decade. Even after keeping prices...
...ratified in 1963. After persistent lobbying by residents - their neighbors, after all - lawmakers passed the Home Rule Act of 1973, allowing voters to directly elect the mayor and city council. But Congress still acts as the District's slightly distant parent, wielding final budget control and reviewing all local laws. It nixed efforts to impose a "commuter tax" on Maryland and Virginia residents, for example, and banned buildings higher than the Capitol dome...
...Gono didn't mention is that the government has been one of the largest investors in the market, in which the lag between the implied currency-exchange rate on the floor and the black-market rate on the streets still creates opportunities for quick gains. Other big players include local investment banks and wealthy individuals. The 80 stocks listed on the exchange range from the country's most popular cellular-phone carrier to Zimplow, which manufactures "animal-drawn farming implements," and includes companies producing a cross section of commodities such as timber, wine, nickel, tobacco, even bacon...
...After a new administration aligned with the yellow-wearing royalists came to power in December, the new opposition began staging its crimson protests. Local pundits kid that P.M. Abhisit is being deluged by a Red Sea. The joke among journalists who try to maintain their reportorial objectivity is that orange, a mix of yellow and red, may be the best color to wear when reporting on Thai politics...