Word: recessional
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The concept of linking some of the world's fastest-growing economies isn't new. Various versions of an Asian free-trade zone have been mooted in the past. But with Asian economies leading the world out of recession while America languishes, the topic is coming up with increasing frequency...
There are more medical-marijuana dispensaries in L.A. than Starbucks. Most are like nice tea shops, where salespeople behind a counter open glass jars so you can smell the Sugar Kush, look at the Purple Urkel under a magnifying lens and ask about the effects of Hindu Skunk. At the...
The Nov. 10 story noted that, despite conventional wisdom that a rejuvenated Chinese economy, which grew 8.9% in the third quarter, could pull the global economy out of recession, several skeptics were arguing the Middle Kingdom's performance was unsustainable - and even that it was mostly a mirage. Chief among...
Such exuberance is both good news and bad for China's leadership. The revival of the real estate industry is a key reason that China's economy is emerging from the global recession with such strength. But frothy increases in home prices are also fueling concerns that the property boom...
It was this last element that attracted attention across the country. "Masturbation Workshops for Adolescents," ran the headline in Que!, a free daily in Madrid. "Extremadura Promotes Masturbation," cried the centrist national paper El Mundo. Criticizing the spending as frivolous, especially during a recession, the Catalan paper La Vanguardia sniped...