Word: south
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...musical talent, the facility for elegant and forceful rhythms," he told TIME in an interview over the weekend. Listening to youths play contrapunto on the small, four-stringed guitar called the cuatro, for example, made him conclude they could also play Bach counterpoint on a cello. (See pictures of South America at LIFE.com...
Venezuela is generally known for oil, shortstops, Miss Universes and, for the past decade of course, Hugo Chávez. But the South American country is now recognized as one of the world's most dynamic vessels of classical music, thanks to a 34-year-old program that gives violins, French horns and batons to poor barrio kids and lets them interpret Handel and Tchaikovsky with a Latin verve that last year led Simon Rattle, director of the Berlin Philharmonic, to declare, "The future of classical music lies in Venezuela...
...weeks, China signed multibillion-dollar currency-swap agreements with Indonesia and Argentina that effectively allow Beijing's two trading partners to bypass the dollar as a medium of exchange. The deals followed similar swaps China has hammered out over the past six months with Malaysia, Hong Kong and South Korea. The combined value of the various swaps - which enable the central banks of China's trading partners to sell yuan to local importers to buy Chinese goods - is nearly $100 billion. (See pictures of the global financial crisis...
...local currency, the ringgit, to pay for its purchases. Because it no longer has to pay a bank a fee to convert ringgit into dollars, transaction costs are reduced. Similarly, a Chinese company buying Malaysian palm oil can make its purchases in yuan. (Read about the economies of South Korea, Taiwan, Hong Kong and Singapore...
...pictures of the border between North and South Korea...