Word: next
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Dates: during 2010-2019
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...Some economists worry that oversupply in both the residential and commercial real estate markets has already prompted a downturn in pricing, and that the recent government initiatives could lead to a hard landing. In Beijing, vast swaths of commercial space sit vacant - including floors of retail space right next to the iconic Water Cube, the swimming venue for the 2008 Olympics. According to Colliers, commercial rents are now a shade lower than they were last year and residential prices have also begun to weaken. Residential prices, according to China Reality Research data, peaked late last year and are now headed...
...Megatrends for Women (1992) and Megatrends Asia (1996). But although almost 30 researchers worked on China's Megatrends, it has all the hallmarks of a glib, bolt-on extension to the juggernaut. It is breathtaking in its simplistic, groveling and ill-informed treatment of the world's next superpower. (See pictures of China mourning the potential loss of Google...
...Marjah is showing why separating the Taliban from their narcodollars is so difficult. Not only did the drug syndicates get away with much of their stash and their heroin labs, but also there's no consensus among NATO commanders, counternarcotics experts and Afghan Cabinet officials on what to do next. The opium trade is woven into the fabric of the economy of southern Afghanistan. In Marjah, as elsewhere, the Taliban protected the drug syndicates for a price, reaping millions of dollars from the opium bounty. But ordinary residents benefited from the drug trade too; it provided a lucrative crop...
...military commanders advocate simply buying up this year's harvest and persuading farmers to grow something else next season. The counternarcotics officials strongly disagree. Paying the farmers would be tantamount to "rewarding criminality," says a Western official. He adds, "These people knew about the offensive, and they planted the crop anyway. They wanted to make a profit." These officials point out that swaths of eastern Afghanistan have been cleared of opium poppy by provincial counternarcotics teams without any farmers' revolt...
This Isn't OverWhen the military commanders and counternarcotics officials finally agree on what to do with the poppy crop - McChrystal is likely to win that debate - they will confront the next challenge: getting the farmers to eventually grow other crops instead. The last time officials in Kabul tried to get Marjah farmers to switch to wheat cultivation was in 2008, when opium was selling at $75 a kg, a long way down from the peak of $250 a kilo in 2003. Even so, the farmers turned down subsidized wheat seed and fertilizer, believing opium would be more profitable. They...