Word: risinger
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Dates: during 2000-2009
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Instead of fading away, steampunk has gotten increasingly intense and relevant, and right now it seems to be rising to the surface. Scores of steampunk novels were published this year. There are steampunk housewares and steampunk bands and Victorian-inflected steampunk fashions. There are 27 steampunk iPhone apps available on...
But Dubai's heavily leveraged business ventures couldn't withstand the ever souring economy. In 2008, real estate prices dropped 50%; new construction all but stopped. Sheik Mohammed has downplayed the rising debt, which some estimate to be more than 100% of GDP. Despite a $15 billion bailout from Abu...
Tension between the government and West Bank settlers has been rising since November, when Netanyahu's cabinet called for a 10-month pause in construction, in response to pressure from the U.S. and Europe to stop expanding its grip on territories captured in the war of 1967. Obama had hoped...
Some liberal economists have maintained that the stimulus bill in February was not big enough to fill the economic crater left by the financial crisis. Obama aides refused to endorse that position, even after Obama began planning another stimulus effort in September. Though the Great Recession is officially over, credit...
Contrast that with Ireland. Since losing its edge in Europe - rising labor costs helped the country's share of euro-zone exports fall one-fifth between 2001 and 2008 - the Irish haven't shied from cutting their cloth in recent months. In his budget announced Dec. 9, for instance, Lenihan...