Word: spikeness
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...Spike Lee - director of films from Do the Right Thing to Malcolm X to the recent documentary Kobe Doin' Work - traveled to Brazil with Michael Jackson to produce the music video for his controversial song "They Don't Care About Us." He talked to TIME about his experiences, Michael Jackson's legacy and having the Gloved One as a houseguest. (See TIME's list of the top 10 Michael Jackson songs...
Over the past couple of years, though, the China equation got unbalanced. First came a spike in shipping costs that led manufacturers in the West to take a closer look at all the costs - time to market, quality control, etc. - of stringing their supply chains across oceans. While shipping rates have since subsided, the shift in mind-set among executives has stuck, says John Ferreira, head of the manufacturing practice at Archstone Consulting. No longer is there a herd mentality pushing them to China and other faraway places, he says. When Ferreira surveyed U.S. and European manufacturing execs late last...
...popularity of pricey mats reflects a spike in yoga practice. Participants in the activity grew from 4.3 million to 12 million between 2001 and 2008, according to a recent study. Of the 12 million people who reported doing yoga in the past six months, nearly one million said they were trying it for the first time. Since the recession went from painful to disastrous in September 2008, yoga studios throughout the country have reported increased traffic. Irene Narissi, a New York City yoga instructor, says her business has jumped 10% to 15% over the past seven months. The feedback from...
...bust cycle served it well during what was the kingdom's third great oil boom of the past four decades. After the high prices of the 1970s, Saudi Arabia's economy went through a long-drawn-out slowdown as oil revenues plummeted for most of the 1980s. After a spike when Iraq invaded Kuwait, prices weakened again in the 1990s, even as Saudi struggled to pay off its (large) chunk of the bill for the first Gulf War. At the height of the Asian financial crisis in 1998, oil prices had fallen to just $12 a barrel. This meant that...
Will he sign it or will he spike it? That's the question lingering in Europe's capitals as Czech President Vaclav Klaus holds the key to the European Union's future...