Word: rates
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...continue for three to six months. While other Asian economies are expected to suffer sharp contractions in 2009, CLSA is predicting that China will hit its government-set GDP growth target of 8% this year, following a drop in the first quarter to 6.1%, the slowest annual growth rate since at least...
Tent cities are not a new American phenomenon. Makeshift encampments of people who don't have permanent homes have long existed on the margins of many U.S. cities. But the tide of foreclosures and a rising national unemployment rate have dramatically swelled the ranks of the newly homeless. And one estimate says current economic conditions will drive a million more people into homelessness by 2010. Some will end up in shelters or on the streets. Others are choosing to live in nylon tents on dusty lots, waiting for their fortunes to turn...
...Gran Melia resort, which is extending its booking window for TIME.com readers. You'll get a $99-per-night deal if you book two nights, or $85 if you book three nights, including a breakfast buffet, through Sept. 30 as part of the "Summer Under the Sun" package. The rate is for a garden-view junior suite, but hey, with the golfing, pools and ocean right outside, you won't be in your room that much anyway. If you get tired of the beach, the resort is also near the El Yunque rain forest, which is the only rain forest...
Disney for a Song. Through June 30, the Palisades Resort in Orlando, Fla., is offering two nights free, for three nights booked, plus free breakfast, parking and shuttle transportation to Disney World, just seven miles away. Rates for a two-bedroom suite with kitchen start at $415 (making that a daily rate of $83 for the five nights). Or, book a one-bedroom suite starting from $79 per night. 14200 Avalon Road, Orlando...
...Right now he presides over the stability of squalor. Burnt cars and blown-out windows litter the outskirts of Tskhinvali, South Ossetia's largest town and self-styled capital. Kokoity's government received 10 billion rubles - $324 million at the current exchange rate - from Moscow to reverse the damage wrought by the five-day war. But residents have seen little evidence of any such spending. (See pictures of Russia's war with Georgia...