Word: riche
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...followed different models to become cosmopolitan cities. Singapore doesn't have the throbbing cultural and art ethos that continues to lure immigrants to New York City; the creative, warm and human landscape that is Paris; or the universal language and literature of London. Perhaps the Los Angeles model of rich settlers and the Las Vegas model of transient spenders have inspired Singapore more than the three big world cities Lee mentioned. I hope that museums, creative ambiance and Old World charm are somewhere on the agenda. Nevertheless the challenge is huge, especially considering the ambitious timelines. Bala Shankar, Singapore
...Economic Forum on Africa, and Presidents, finance ministers, tycoons, bankers and philanthropists from 42 countries had descended on Cape Town to discuss the future of the continent. To welcome them, South Africa's President, Thabo Mbeki, was hosting a dinner at which he would talk of his nation's rich potential. The free, first-come, first-served tickets for the meal had gone fast. Unabashed, an African executive in the queue beside me tried to bribe his way in. "I'll leave the money here," he declared. "Just tell me how much...
...this good cheer, it's worth keeping a sense of proportion. The World Bank says just 3% of global foreign direct investment flowed to sub-Saharan Africa in 2005. And most of the money has gone to only a handful of resource-rich countries like South Africa, Nigeria and Angola. Meanwhile, much of the continent remains desperately underdeveloped: only 22% of African households have access to electricity. That leaves plenty of opportunity for businesses to profit as the continent attempts to catch up. In recent years, for example, the number of mobile-phone subscribers in Africa has soared by over...
What went up, came down. The tilt of population to the Sun Belt left New York in third place behind California and Texas; soon it will be tied with Florida. New York City is still rich and glutted with media, but other cities have made their mark--CNN is headquartered in Atlanta, Google in Mountain View, Calif. The stars of Hollywood are bigger political lightning rods than New York's news anchors and talking heads, while imperial Washington is not just a barracks for politicians and a trading floor for lobbyists but also a center of think tanks and policy...
...were abducted by North Korea in the 1970s and 80s. "I strongly hope Mr. Fujimori, as the last samurai, will shake up a Japan that has lost its courage, self-confidence and gentleness," said the PNP's Kamei, who added that Fujimori will make use of his "knowledge, rich experience and reputation for our country's politics...