Word: neared
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...manufacturing, and in recent years, the island's companies have for competitive reasons been compelled to open factories on the mainland, taking advantage of a liberalization of Taipei's restrictions on such investments. More than a million people from Taiwan now live in China in industrial centers near Shanghai in the east and in Guangdong province in the south. Direct transport links greatly enhance efficiency and lower costs of doing business across the strait, which could help a Taiwan economy that has struggled in recent years to find new sources of growth. In addition, a warmer China-Taiwan relationship alleviates...
Nigel Knight, a 45-year-old carpenter from Britain, started a lobbying group of disgruntled Dubai investors after he found that the developer of a villa he'd bought near the future site of Dubailand wasn't depositing his money in an escrow account reserved for construction funds. He suspects his and other investors' money was used by the developer to purchase more land and then sell off more units without ever starting construction at a single site. "It seems to be some kind of Ponzi scheme," he says. What's worse, he then discovered that the company may have...
...have, like, seen this much ice and thought, Oh, my gosh, we were going to crash.' REBECCA SHAW, co-pilot of a plane that crashed near Buffalo, N.Y., in February, remarking on the wintry conditions in a cockpit recording before the fatal plunge...
...Jury restored order. French star Isabelle Huppert, the jury president, and her majority-female panel bestowed most of their benisons on difficult art films, not movies that strain to entertain. In a festival where 12 of the 20 competition films ran two hours or longer, and five clocked in near two and a half hours, the top honors went to a pair of these epic-length dramas. Austrian and French films received the top two prizes; an Austrian actor and a French actress took the awards for best performances, in English-language films. No American won anything. (See pictures...
...exact origins of Memorial Day are disputed, with at least five towns claiming to have given birth to the holiday sometime near the end of the Civil War. Yale University historian David Blight places the first Memorial Day in April 1865, when a group of former slaves gathered at a Charleston, S.C., horse track turned Confederate prison where more than 250 Union soldiers had died. Digging up the soldiers' mass grave, they interred the bodies in individual graves, built a 100-yd. fence around them and erected an archway over the entrance bearing the words "Martyrs of the Race Course...