Word: localizes
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...five years ago. Armed with an M.B.A. from the University of Toronto, the Canadian entrepreneur moved to the gulf city-state and co-founded property developer Universal Canlink Inc. By 2006 the firm had annual revenues of $15 million, luring foreign investors with tales of "meteoric" growth in the local property market. Lately, with the global financial downturn spreading to the Middle East, Ahmed has come back to earth. "Before, people were buying blindly, without asking much about the details," he says. "Now such risk takers have disappeared...
...American democracy. "In some developing democracies, you actually see more sophisticated voting structures than you do here," Greenbaum said. That's because some of the newer democracies use the latest technologies across the entire country, unlike in the U.S., where elections are operated in a patchwork fashion by local governments. Experts said things could have been much worse if an estimated 30% of voters hadn't cast early ballots before the crush on Tuesday...
...That, in brief, could describe the Chinese Product Safety Scandal of 2008. As early as January, infants in China raised on Sanlu brand baby formula began developing kidney problems, and parents raised complaints that were ignored by company and local government officials. When the news finally broke in September, tests found four infants had died and more than 60,000 were sickened from formula tainted with melamine, a chemical used in plastics that can make the protein content of milk - and many other food products - appear higher, and, when consumed, can also cause kidney failure. Expanded inspections found traces...
...turned out in best Kenyan finery. In addition, he finds himself dealing with the fallout from his brother's fame, as villagers stop him on the street and ask for money. "These people think I'm suddenly a millionaire," said Malik as he made yet another withdrawal from a local bank. "They all want a piece...
...much-anticipated announcement, Scotland's finance secretary John Swinney gave Trump permission to go ahead with his $1.56 billion investment, overruling the local authority, Aberdeenshire council, which last year turned down Trump's development on the grounds that it would destroy the ecologically sensitive dunes...