Word: rampantly
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...about 65% in industrialized countries), isn't yet substantial enough to maintain China's high growth rates. "I don't think [domestic spending] will replace what has been lost in exports," says UBS economist Wang Tao. Nor will it offset another weakening pillar of China's economy: real estate. Rampant construction of new office towers and apartment blocks in recent years was a huge boon to growth. But government action to cool down the market, by, for example, restricting credit for property development, is resulting in a sharp falloff in construction. After 35% growth in real estate investment...
...first driver whose truck would cross the Line of Control dividing Kashmir since Pakistan and India first clashed over this plush valley of vast hills and deep gorges over sixty years ago. As the battle with Taliban insurgents rages on its Western frontier and its economy is roiled by rampant inflation and capital flight, Kashmir - and the gentle thaw in relations with India - has emerged as an unlikely bright spot on Pakistan's dark horizon...
...feel a bit foolish. Since I first started coming to Afghanistan in 2003, I have driven this road scores of times. The same with the road west, to Kandahar, and south, to Khost. These days the roads are all but off-limits, plagued by Taliban insurgents, war or rampant criminality that leaves no vehicle untouched. Kabul is encircled, say residents of the capital. While the city itself is safe, they say, the Taliban are encroaching from all sides...
Recent events have demonstrated, though, that rampant globalization has outpaced intellectual and political innovation. Exotic investment instruments like credit-default swaps and collateralized debt obligations have eluded meaningful monitoring, baffled regulators and investors alike and raised hob with markets worldwide. What is now manifestly needed is a round of creative institutional invention like what the New Deal gave us. Then history will have repeated itself neither as tragedy nor as farce but as common sense and consequential reform...
...Rampant corruption, terrorist attacks and rising inflation were once the recurring nightmares of Peru. President Alan Garcia knows that well enough. His first administration, from 1985 to 1990, was pummelled by those problems. But, since taking office for a second time in July 2006, he appeared to be have successfully avoided those old horrors. Until last week...