Word: shapes
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...sitting on a patch of earth on the Indonesian island of Bali as the local priest, Ida Bagus Putu Wija, communed with the resident spirits about our vague plans to build a holiday home there. Eventually, the Balinese wise man gave us the news that would literally determine the shape of our future villa. In the parallel spirit world of this devoutly Hindu island, our peaceful stretch of riverbank was actually a bustling spirit town, far bigger than the nearby human village...
...says his company is in sound financial shape and will weather the storm. But other Hong Kong companies - particularly those that invested some of their capital in property and stocks - are facing crippling cash shortages. On Oct. 9, U-Right, a clothing retailer with about 100 outlets in Hong Kong and another 500 in China, was forced to liquidate after it could not meet bank demands to repay its debts. Analysts say the company borrowed too much and expanded too fast in the rush to catch China's economic wave. As the global economy slows, that's likely to become...
...simply revert to cronyism. Because they still rely on trade, the state capitalists are not immune to a global meltdown. Indeed, decreased Western consumer demand will dent China's economy as well as that of any that relies on exports. But the free-market autocrats stand in far better shape than the rest of the world. With their massive cash reserves, current-account surpluses and, often, capital controls, countries like China can better weather a downturn (China probably will still grow by 9% this year). And with no pesky U.S.-style congress to stand in their way, they...
Bernini The 17th century sculptor Gian Lorenzo Bernini did more than give shape to stone--he gave it life, breath and a beating pulse. There's still time to catch the show of his magical portrait busts at the Getty Center in Los Angeles through...
...Authority (SAGIA) is one of the forces behind King Abdullah Economic City (KAEC), a $27 billion development rising out of the desert 62 miles (100 km) north of Jeddah, and he can already envision the arrival of its first residents. "It won't be long before it starts taking shape," he says...