Word: regionality
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...story to match the rise of the Asian tigers of the 1990s and more recently the stunning growth of China and India. Thanks to economic reforms, the communist country was attracting record amounts of foreign investment. The economy expanded by 8.5% last year-among the fastest rates in the region-and housing prices doubled and tripled, driven up in part by frantic buyers who stood in line to snap up condos before they had even been built. The country's nascent stock market was minting millionaires. In Hanoi and Ho Chi Minh City, their flashy new cars clogged roads better...
...unusual for an Asian politician to find himself in a defensive crouch. The day of the strongman has passed. For more than two decades, countries throughout the region have been undergoing transitions from authoritarian, patriarchal regimes to messy democracies that sometimes seem to be almost ungovernable. Asians are flexing their political muscles, exercising their civil rights vigorously even beyond the ballot box - and woe betide the leader who fails to deliver what he promises. Despite winning the presidencies of their respective countries by wide margins, Thaksin Shinawatra of Thailand and Joseph Estrada of the Philippines were tossed out of office...
...first-class education at times of unrest, the LAU continues to offer classes - and students continue to graduate. I firmly believe that education is the way to promote positive change in the Middle East. It will help bridge knowledge and technology gaps with the West, help develop the region's intellectual and human capital, and, most important, help people succeed and live together more peaceably. Joseph J. Jabbra, President, Lebanese American University, Beirut...
...rock oil" (to differentiate it from vegetable oil or animal fat) was sopped up with rags, wrung out and peddled as a cure for everything from headaches to deafness. Spurred by demand for lamp fuel as whale blubber grew scarce, derricks popped up all over Pennsylvania's oil region in the 1860s--although subsequent overproduction drove prices so far down that at one point, a wooden barrel was worth twice as much as the oil it contained, according to Daniel Yergin's definitive tome on oil, The Prize. But as the oil boom took hold and the barrel size...
ABDULRAHMAN ABDULLAH One of seven Palestinians in the Gaza Strip whose Fulbright scholarships were revoked by the U.S. State Department because of Israel's policy of barring students from leaving the Hamas-controlled region "Israel talks about a Palestinian state. But who will build that state if we can get no training...