Word: rate
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Dates: during 2000-2009
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With a relieved wave, the boatman let me off at a souk filled with Indians, Pakistanis, Filipinos and Yemenis - the immigrants who built Dubai and keep it ticking. But even there the mood was grim. The best-selling items were suitcases. At the rate of 5,000 a day, workers are heading home. Once, the world came to Dubai. Now all that's left of the World in Dubai is hundreds of empty islands...
...Bangladesh, Grameen Bank charges the lowest rate among all microcredit programs, and yes, we make a profit. But Grameen Bank is owned by the borrowers, so when we make a profit, it goes back to the borrowers as dividends...
Thirty years back, Bangladeshi mothers had an average of 6.2 children. Today the average is 3.1. The population-growth rate has drastically come down, and among many explanations is the empowerment of women. They became aware of their ability to handle their lives and make decisions. Microcredit is not a population program, but it has helped women see how they can live their own lives...
...money in the world, which it has used to hire the smartest people in the world, whom it has unleashed in an apparently only minimally managed orgy of R&D. As a result, it's been spinning out cult hits and noble failures at a furious rate: Orkut (big in Brazil!), Picasa, Knol, Docs, SketchUp, OpenSocial, Chrome and Android. But it hasn't produced a lot of homegrown category killers. It's not that Google's products aren't innovative. They're just not friendly enough or sexy enough, or they're replacements for something that wasn't particularly broken...
...which ended up costing the city 10 times the original $177 million estimate. The 2016 Games' $14 billion budget includes a $427 million Olympic Village for athletes, but lodging and security for everybody else are still question marks: Rio is short on hotel rooms, and the city's homicide rate, 47 per 100,000 residents, not only is triple that of Olympic also-ran Chicago but is also up 10% this year...