Word: nationalizations
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...clear, sunny afternoon this May, 16 months after the nation erupted in a tribal bloodbath, Kenya buried the last of its dead. The violence in early 2008 claimed 1,133 lives and displaced 350,000. Its terrible climax came on New Year's Day in the largely Kikuyu village of Kiambaa in the northern Rift Valley, when a Kalenjin mob surrounded a tiny village church where a few hundred people were sheltering, freed those who gave up cell phones or money or sex, closed the doors, heaped mattresses and dry maize leaves against them and set them alight. Thirty-eight...
This all adds up to a sense of rising crisis. "Don't lead us back to war," beseeched the country's biggest newspaper, The Nation, in a front-page editorial on April 10. The same month Annan warned of a dangerous "impasse." On May 10, former U.S. ambassador to Kenya and new Assistant Secretary of State for African Affairs, Johnnie Carson, made talks in Nairobi with Kibaki and Odinga the focus of his first trip to the continent since his appointment by President Barack Obama. His message: Washington was "deeply worried" about the possibility of more violence...
...that? You could start with the Metropolitan Museum. The nation's largest and wealthiest art museum is in no danger of disappearing. But having watched its mighty endowment shrink last year from $2.9 billion to $2.1 billion, its administrators decided a few months ago to cut staff 10%. The Met is not alone. Endowments have shrunk everywhere, and sizable budget cuts have been the rule at museums in Atlanta, Baltimore, Denver, Detroit, Indianapolis, Los Angeles, Philadelphia and San Diego. In February the 35-year-old Las Vegas Art Museum simply gave up and shut its doors for good...
...economic freedom and political repression might eventually prove combustible. Well, we're still waiting on the combustion - China is already motoring out of the global economic downturn, and its government seems as cohesive and entrenched as ever. But the economic romance between the world's most populous nation and the biggest multinational corporations is nonetheless on the rocks. (Watch TIME's video of Peter Schiff trash-talking the markets...
North Korean leaders have long cited the year 2012 as being particularly significant. It will mark the 100th anniversary of the birth of Kim Il Sung, the nation's founder and Kim Jong Il's father and predecessor. Kim Jong Il, now 67 and ailing since a stroke last summer, is thought to be arranging his succession: analysts believe he wants to pass power to his youngest son, 26-year-old Kim Jong...