Word: monsoonal
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Dates: during 2000-2009
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These islands are extremely dynamic, continuously changing shape in response to shifts in the monsoon winds. Each year, in fact, sand swirls around with the waves; beaches grow in one season and shrink in the next; and this process has been going on for a very long time. Geographer Paul Kench of New Zealand's University of Auckland has collected evidence suggesting that the islands of the Maldives emerged from the sea when their reefs were quite a bit lower than today, meaning that larger, more energetic waves would have slammed into them during a critical formative period. In their...
...proved a terrific place to lose money. If you had bet on the Sensex in, say, 1992, you would have been 30% poorer by 2003. But today there is an endless new supply of India-focused mutual and hedge funds, many with wonderfully alluring names like (my favorite) the Monsoon India Inflection Fund...
...have been 30% poorer by 2003. But investors have short memories, and financial firms create whatever products are suddenly in demand. Today, that means a new generation of India-focused mutual funds and hedge funds, often with wonderfully alluring names like (my favorite) the Monsoon India Inflection Fund. The most voguish vehicles of all are mid-cap funds that bet on riskier Indian companies that may one day grow up to be blue chips. In November and December alone, the CNX mid-cap index jumped 28%. Nilesh Shah, head of equity strategy at Kotak Securities in Bombay, says his team...
...Rich List of the London Sunday Times, his wealth is estimated at $7 million. But his output was limited and oddly conventional. He directed the disappointing historical epic The Four Feathers (2002) and helped produce Andrew Lloyd Webber's striking but lowbrow Bombay Dreams (2004). Naseeruddin Shah, star of Monsoon Wedding and Kapur's 1983 debut Masoom (The Innocent), acknowledges Kapur's gift, calling him "the only Indian filmmaker of international standard." But he prefers his earlier works, like Bandit Queen, about Indian outlaw Phoolan Devi, and wonders whether the riches that dazzled the accountant have also blinded the director...
...Untitled (Bangkok), Serb Bojan Sarcevic walks the alleys of the Thai capital, showing that the journey, not the arrival, matters. In Indonesia-born Fiona Tan's Rain, two blue plastic buckets never quite get filled by a monsoon. It's a symbol of futility, like emptying the sea with a cup, yet a soothing, contemplative one. Equally calm but with a sinister undertone is Albanian Anri Sala's Blindfold. Blank billboards on Vlor? and Tirana roofs reflect the rising sun into the viewer's eyes, people hurry by on the street, and after a long stillness, a pallid hand emerges...