Word: regionalized
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...Even by the opulent standards of the gaming world, analysts say these are giant sums. "The Singapore casinos are by far the most expensive ones in the region," says Gabriel Chan, head of Asian gaming research for Credit Suisse, who points out that an average casino in Macau costs roughly half as much. The Venetian in Las Vegas, completed by Adelson more than a decade ago, cost roughly $1.5 billion - less than a third of his current Singapore project...
Jonathan will need more than luck to fix Nigeria. His most pressing job is to re-energize the peace process in the oil-rich southern Delta region. Talks to end the decade-old conflict with Delta rebels - they say they are fighting for a fairer share of the revenues from their land, and are also angry about the pollution caused by oil spills - was a central thrust of Yar'Adua's early presidency. Six months ago, Yar'Adua persuaded the rebels to agree to a ceasefire and mass disarmament in return for an amnesty, a small monthly stipend...
Jonathan is also well acquainted with the environmental damage oil has done to the Delta. He studied zoology, and later taught it at a university in the oil hub of Port Harcourt. He also once worked as an environmental protection officer in the region. "He will perform," says Clark, a political powerbroker in the south and then man who persuaded Jonathan to stand for vice president. (See if a military coup would help Nigeria...
Colombia and Chile experienced similar, if less dramatic, run-ups in their currencies in 2009, and Latin America remains the region to watch in 2010. Greg Anderson, director of currency strategy at Société Générale Global Markets in New York likes Mexico best, noting its peso could repeat the performance of last year's hottest Latin-American currencies, helped by comparatively high interest rates, currently at 4.5% but expected to trend upwards to 5.75% by year end. Also, Mexico's government is pursuing a hands-off approach to currency markets...
...Cristina Fernández represents her Peronist Party's left wing; and the leading candidate in this year's Brazilian presidential election, Dilma Rousseff, hails from the leftist Workers Party. At the same time, Kaufman notes, Chinchilla follows a string of recent center-right presidential victors in the region, including Sebastián Piñera in Chile and Ricardo Martinelli in Panama, after a decade of leftward inertia. "Her election sends important signals to women around the region in that regard," says Kaufman...