Word: regionality
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...them? Nomura found that Asia's banks are significantly underleveraged, meaning they have plenty of muscle for acquisitions. China's leverage ratio is 15.8, Hong Kong's is 14.3, India's is 11.6, South Korea's is 16.7. Having gone through rehab after the 1997 Asian financial crisis, the region's financial institutions went into the current Great Recession with robust balance sheets that they can now leverage up by acquiring the assets that Western banks are shedding. China's banks are in a particularly sweet spot. Grown fat on years of sizzling GDP growth, Bank of China (2008 profit...
Desperately poor, Laos abuts the Golden Triangle, a notorious opium-growing region. One of Laos' more furtive tourist attractions, despite attempts to crack down on the drug trade, is pizza and other Western foods laced with marijuana or other drugs. In some backpacker cafés, for instance, so-called happy food gets its kick from illicit materials. At the same time, drug convictions in Laos warrant heavy punishments, with the death penalty applicable for cases involving more than 500 grams of heroin. (However, the Laotian government says no one has been executed on such a drug conviction since...
...known whether Air France 447, an A330, carried the troublesome variety of ADIRU. But if it did, and if the Air France plane plummeted into an uncommanded dive while traveling through a downdraft generated by storms - a common occurrence over the region of the Atlantic Ocean where the plane went down - it could have been doomed as it entered a steep dive and likely broke...
...HIV/AIDS have been seen as Africa’s major health burden. But now, in addition to these, there is a rising epidemic of chronic, non-communicable diseases such as heart disease, mental illnesses, trauma, cancer, diabetes, and obesity. Chronic diseases are projected to cause more deaths in the region than infectious diseases...
...regional disparity in cohort research is enormous. Taking into account population, cohort studies of Africans have produced a tiny fraction of medical research articles compared to wealthier areas. For every one article on high blood pressure published on Africans, 9 are published on Europeans, and 50 are published on people from the US. Disparity in the actual numbers of adults enrolled in cohorts is even worse. Taking into account population, we estimate that for every African enrolled in a cohort study, there are 190 Europeans and 1,000 Americans enrolled in cohorts. We do not doubt that smoking, obesity, high...