Word: moribundity
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When Nguyen Tan Dung became Prime Minister of Vietnam two years ago, the former central bank governor was widely viewed as a progressive who would continue to drive the communist country's remarkable transition from moribund planned economy to a booming capitalist one. But this year, Vietnam's outlook has dimmed. While GDP growth remains strong at more than 7%, the inflation rate has rocketed to 25%, there have been a large number of outbreaks of labor unrest and the stock market has plunged by nearly two-thirds since January, making it the worst-performing in the world...
...must-see destination, and it's not all about Angkor Wat. Brackish mangrove swamps and remote beaches are being envisaged as golf courses and plots for five-star bungalows with private pools. Indeed, there are signs of vitality in other sectors of the impoverished country's once moribund economy. Cambodia's GDP grew 10.4% in 2006 - the highest rate in Southeast Asia that year - and foreign investment shot up some 400% to nearly $4 billion. Thirteen foreign companies, including Chevron, have licenses to explore Cambodia's offshore blocks for oil and natural gas; the government says domestic oil production could...
...huge oil pipe spewing rubles might have been a more fitting emblem of Russia's resurgent strength than the arms of the moribund Russia Army. But even the rattling of a rusty saber served the political point of reminding NATO-friendly neighbors like Georgia and Ukraine, as well as other ex-Soviet Republics, who is still the big guy on the block. Still, with the price of bread and other foodstuffs skyrocketing, there was some grumbling about the circus. The popular Moscow daily Moskovski Komsomolets calculated that the cost of today's military parade could have bought the city...
...gracious host would throw the match, but Fukuda might want to think twice before dropping his paddle: a display of national athletic prowess against an old rival might be just the tonic he needs to revive his moribund prime ministership. Since taking over from the hapless administration of Shinzo Abe in September 2007, Fukuda's team has managed to look even more inept and out of touch than Abe's on issues ranging from Japan's faltering economy to the appointment of a new central-bank governor. Initiatives by Fukuda's Liberal Democratic Party (LDP) have been bottled...
When House Democrats stalled George W. Bush's free-trade deal with Colombia, the move added to the list of moribund diplomatic initiatives that the Administration had hoped would revive his presidency in its fading months. Talks on Israeli-Palestinian peace, North Korean nuclear weapons and missile-defense cooperation with Russia are all in trouble, threatening any chance for a White House signing ceremony that could soften a foreign policy legacy dominated by the war in Iraq...