Word: longering
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...This marks a big change. As Thailand's Prime Minister Abhisit Vejjajiva said during the recent ASEAN summit, "The old growth model where, simply put, we have still to rely on consumption in the West for goods and services produced here, we feel will no longer serve us." This is especially true because China, which is poised to overtake Japan as the world's second largest economy, is an increasingly important trading partner for countries such as Japan, South Korea and Indonesia. "Asian firms would do better to reorient their exports and production towards meeting the demand of Chinese consumers...
...police and dodging tear gas. Thirty years after Iranian students took 53 Americans hostage, U.S.-Iran relations are nearing another nadir: Tehran has blamed its unrest on Western meddling, and October's U.N.-brokered deal to reduce Iran's nuclear stockpile appears to be collapsing. Yet many Iranians no longer buy their leaders' anti-American orthodoxy. While the Nov. 4 displays of defiance were not as large as June's protests over the re-election of President Mahmoud Ahmadinejad, the persistence of such demonstrations is proof that much has changed since the Islamic revolution. The crowds at the former...
Crimson fans no longer have to rely on YouTube slam-dunk contest videos as proof of forward Kyle Casey’s athleticism. The Harvard freshman has finally stepped onto the hardwood—and appears to be as advertised...
...After winning that first year, it’s always the goal to win another one,” Grimm said. “It took a little longer than I hoped, but you couldn’t ask for a better...
...Translation: global markets will remain buoyant longer than expected as the short-sellers are forced to cover their anti-China bets and the unbelievers finally come around and belatedly take long positions. For the sake of 1.3 billion Chinese and the rest of us, let's hope it's Jim O'Neill that's right, rather than Jim Chanos...