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...prices could eventually fall as much as 70% from last year's highs. "You can't just put in more capital," he says, arguing that Dubai needs to be more transparent about the seriousness of the real estate crisis, and diversify its economy. "At some point demand has to meet supply. Dubai needs to think long and hard about rebranding itself into something more than just a luxury real estate investment paradise. Right now investors are scared...
...could help alleviate some aspects of Zimbabwe's perpetual crisis. Zimbabwe is looking for about $8.5 billion to revive its battered economy, but Western donors have refused to release meaningful amounts of development aid until the new government shows evidence of true reform. Robertson asks, "Is Mugabe willing to meet the conditions [set by the West] of rule of law, etc....? He has shown he is not ready to do so." He adds, "Unless the West comes in, things like cholera outbreaks will remain, as we cannot afford to replenish our water and sewage system...
...veterans around the room. Many of the household staff had served for decades; some had postponed retirement because they wanted to serve an African-American President. And so the two groups formed concentric rings and spent the next hour or so making sure that everyone had a chance to meet everyone else. I want you to know that you won't be judged based on whether they know your name, Michelle had warned her advisers. You'll be judged based on whether you know theirs. (See pictures of Michelle Obama behind the scenes...
...covering cardigans," she says, but that's O.K., since her husband doesn't know cable-knit from argyle either. When she tries to explain why she's constantly hugging people, she reaches out and grabs your arm and holds it. I'd be intimidated too to meet the First Lady, she says. "That's why I'm so touchy with kids, because I think if I touch them and I hug them, that they'll see that it's real, and then they'll relax and breathe and actually kind of enjoy the time and make...
...majority of the confirmed infections are among high school students. "These are the kinds of people who meet in cafeterias, sports events, youth clubs, karaoke," says Cordingley. "They mingle a lot, and mingling is the perfect environment for this virus." But he added that "We honestly don't know" why the number of infections have jumped. "It's all happened since Saturday." So far, none of those who have contracted the disease in Japan have died...