Word: roads
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...Last year, he moved to Singapore, to be close to the economic growth engine that is Asia, and also saw the launch of tradeable securities tied to a commodities index he created. TIME's Barbara Kiviat caught up with him by phone while he was on the road from Brussels to Amsterdam to ask him about what he makes of the state of the financial world today...
...school today than at any other time in the nation's history, and the private sector is growing. But such good news is easily undermined by the increasing insecurity and Afghanistan's rampant corruption. Ashraf Ghani, a former Finance Minister, says his nation has reached a fork in the road. "It is not inevitable that we go to that downward spiral," he says. "If we take the right road, we can get to the destination of a stable and eventually prosperous Afghanistan...
...what is to be done? For most Afghans, the right road starts with better security. Eating pomegranates in a tea shop in Sarobi district, just east of Kabul, Saeed Shah says he was not fond of the Taliban when it was in power. But his once peaceful district has witnessed a wave of criminality and violence--10 French soldiers were slaughtered by insurgents in August--that has him longing for the old regime and its harsh but effective justice. "Yes, there was hardship, but there was also peace," he says. "You could leave your shop open all night...
...prone to dwell on the sketchiest roadside attractions. In a photo by Eggleston there might be a sunbeam that sweetly anoints a full dish rack on a white sink. There might also be a dismal suburban tract house or a bunch of plastic bottles scattered across a dirt road. It was a make-of-it-what-you-will exhibition, and a lot of critics didn't know what to make of it. The Times critic called it "perfectly boring...
...that you can probably throw out the window most of the tax proposals Obama and McCain have been talking about on the campaign trail. The demands on government are growing, and investors around the world won't finance huge U.S. deficits forever. Four or eight years down the road, the likeliest scenario is that the overall tax burden will be higher, not lower...