Word: sanding
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Dates: during 2000-2009
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Whether it's a five-star holiday in Kuala Lumpur or a backpacking trek through the Blue Ridge Mountains, traveling à deux is the quickest way to get to know somebody. There's no room for pretense after she's heard you screech over a sand snake, and politesse quickly falls to the wayside after one of you gets hit with Montezuma's revenge on a romantic getaway. Traveling together can be a dealbreaker or a dealmaker...
...sand dunes of Scotland's northeast coast have a rugged, unadorned beauty and understated elegance. So when Donald Trump flew his private Boeing jet into Aberdeen airport in 2006 and announced, with typical Trumpian bombast, that he intended to construct a billion-dollar-plus development on the dunes that would include the "greatest golf course ever constructed," he set the stage for a protracted conservation battle that on Monday reached the highest level of Scottish government...
...already seen other ambitious projects crunched by the credit crisis: according to the Philadelphia Inquirer, his company recently announced the postponement of construction of the $300-million Trump Tower Philadelphia. Scottish conservationists may yet take heart: if there's anything more delicate or unstable than their beloved sand dunes, it's the current global economy...
...country's leading industry, ahead of its traditional fisheries. It has made Maldivians - at least statistically - the most affluent people in South Asia, and the country host to waves of Hollywood celebrities who pay thousands of dollars for the chance to spend a night on their own white sand isle...
...Well, mostly. There has been a rearguard action among conservatives - "market skeptics," is how one U.S. source describes them - to throw sand in the reform gears as the global carnage mounts. That, in part, explains Paulson's speech in New York. The conservatives have made some headway. Fan Gang, a liberal economist and adviser to the Ministry of Finance, says that any move towards derivatives trading on the Chinese exchanges is, at least for now, "probably on hold...