Word: similarly
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...this new burst of demand rapidly pushed up prices and attracted speculators, generating a frenzy in India similar to the ones that engulfed the U.S. and European markets. An Indian auction house, Osian's, even began marketing a sort of mutual fund for fine art. Artists, too, developed unrealistic expectations. "Everyone wants to be Damian Hirst overnight," says Mumbai gallery owner Jai Bhandarkar...
...Great Reformer Stewart witnessed at close hand Labour's shock defeat in the 1992 election it was widely expected to win. That defeat inspired Labour's painful decision to throw out old class-war shibboleths and remake itself for a newly prosperous nation. The party now faces a similar proposition, Stewart believes: reform or die. "If the Labour Party fails to reform itself, then the second stage is that the electorate will reform it by throwing it out," he says, adding: "Barring an event like the Falklands War which helped save [Margaret] Thatcher, Labour is on a trajectory...
...Shige has funded his operation, including office rent of $800 a month and occasional support for those trying to get back on their feet, with his retirement savings and donations. But in April, the Japanese government committed to supporting Shige's and similar efforts with about 10 billion yen ($100 million) over the next three years. "It's taken five years to get the support," says Shige. "But we also need the kind of policies that keep people from becoming depressed in the first place"--particularly by bolstering the safety net for people with mental disorders and those who have...
...financial report also noted that a combination of internal and external investment managers oversee HMC's domestic bond portfolio, focusing on arbitrage situations—or buying inexpensive securities while simultaneously selling overvalued securities of similar characteristics. While internal managers "sharply" outperformed their benchmark in 2008, the report said that external managers delivered mixed results...
Pity Pete Hoekstra. His only crime was to make the oh-so-obvious comparison between oppressed Iranians and the GOP. "Iranian twitter activity similar to what we did in House last year when Republicans were shut down in the House," the Michigan Congressman, who is running for governor, tweeted June...