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...fear of becoming a sleazy expat who takes everything at face value, I have held my nose, dived into the smog, and tried to find an authentic experience in a city that’s about as real as Vegas or Dubai.“This is my lowest price, I can go no lower, I could be killed, I cannot feed my family for any lower price,” the owner of a shop once said to me with tears welling in her eyes. I looked at the knock-off shoes I was bargaining for, sighed, and paid...
Casualties among both Iraqis and Americans are way down (the 13 Americans killed in July was the lowest monthly toll since the war began, 18 have died so far this month). The Iraq economy, fueled by oil production, is on the upswing. The Iraqi army is growing in size and skill. And, in perhaps the biggest surprise of all, Washington has acceded to Baghdad's wish and tentatively agreed to pull all of its combat troops out of Iraq by the end of 2011. Lieutenant General Lloyd Austin, the top U.S. commander in Iraq, said this week that al-Qaeda...
...question now is whether this international love affair with Russia as a place to do business can continue. The shooting war in Georgia this month sent investors in Russian stocks rushing for the exit: the RTS stock index has sunk to its lowest level since November 2006 and is down 32% in the last three months. The fighting was the most deadly sign that Russia is not a predictable or stable investment environment, but it was by no means the only one. Along with the new geopolitical uncertainties, foreign businesses and investors are also grappling with signs of economic vulnerability...
...past year. That's hit Britain's construction business hard. Shares in Taylor Wimpey, the U.K.'s largest house builder, have fallen more than 80% over the past 12 months. The construction downturn slowed growth in Britain to an anemic 0.2% in the second quarter of this year, the lowest quarter-on-quarter rate for three years...
...qualification round for the team finals, each six member team can ask five gymnasts to compete on each event - floor, bars, beam and vault. The lowest score is omitted, and the top eight teams with the highest scores compete in the team finals. The U.S. women are the defending world champions, and are expected to battle with China and defending Olympic team champs Romania for the coveted team gold medal, which the Americans last won in the 1996 Atlanta Games with the Magnificent Seven. But without Peszek, all four of the girls' scores had to count, and thus there...