Word: nextly
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...next month or so, financial firms will decide what they will pay their employees in year-end pay. Bonuses at Goldman Sachs, for instance, are on track to average over $650,000 per employee. Many people will get paid much more. Johnson says if Hall had stayed at Citigroup he might have been the only person at a top bank to receive a $100 million payday this year. But plenty of other folks will come close. He estimates that about 100 investment bankers and traders will receive a bonus of $10 million or more...
...scarcely returned to Earth last week when a new website launched, its domain name asking the question that much of the nation was wondering: WhereIsBalloonBoy.com. Inspired by the disappearance of 6-year-old Falcon Heene - which authorities now believe was a hoax - the playful site featured question marks next to a picture of a bird (a falcon, naturally) and was updated twice more as the story developed. It later depicted a falcon poking out from a cardboard box, where the boy was found hiding in the Heenes' attic. Within 24 hours, the site had been viewed by more than...
...such as Indonesia and the Philippines, are blighted by geography. But other disaster-prone nations like Japan manage to surmount these disadvantages. In some ways, natural disasters give these developed economies an excuse for technological improvement. So while Japan invests in high-tech skyscrapers designed to withstand the inevitable next earthquake, the West Sumatran capital of Padang - which scientists long predicted would be shaken by a killer quake because it sits astride one of the world's most active fault lines - was crowded with poorly built buildings that crumbled when the earth shuddered on Sept. 30. Similarly, in the Philippines...
...once again their superiority by looking at the speed and scale of the country's development once liberalizing reforms were made. It's also worth asking how much China's unique authoritarian politics contribute to its impressive and highly competitive economic efficiency. Could this growth model continue for the next 60 years? Timothy Yin, Shanghai...
...same goal: democracy in Burma. Considering Than Shwe's nonexistent track record on reform, U.S. officials are right to downplay the impact of engagement. Barring any real concessions from the hard man himself - starting with the release of Suu Kyi and other political prisoners prevented from running in next year's polls - democracy remains a distant prospect. "Everyone is calling for reform, but I don't think Than Shwe feels any urgency about it," says Seekins. "Nothing much will change until he passes from the scene." One man controls everything that happens in Burma...