Word: switchings
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Residents of Samoa are bracing for chaos this month as the Pacific island nation becomes the first country in decades to order motorists to start driving on the opposite side of the road. On the morning of Sept. 7, drivers will switch from the right side of the street - where about two-thirds of the world's traffic moves - to the left, in order to open the nation to low-cost used autos from left-driving Australia and New Zealand. It will mark the world's first road switch since Ghana, Nigeria and Sierra Leone changed sides in the 1970s...
Still, the U.N. report says, many Afghan farmers have apparently chosen to switch out of opium. The reasons might lie in simple market factors of supply and demand. In the years immediately following the Taliban's ouster in 2001, Afghan farmers, who had languished under a temporary Taliban ban against growing poppies, produced huge bumper crops. Those were harvested just as drug users in Europe, opium's biggest market, began to shun heroin in favor of cocaine and synthetic drugs like ecstasy. "There is definitely an issue of stocks over consumption," Costa says. "Starting in about 2006 Afghanistan has been...
...Blankfein was on partner track at Donovan, but then he had what he calls a pre-midlife crisis and decided to make the switch, if he could, to investment banking. He applied for banking jobs at Dean Witter, Morgan Stanley and Goldman. He did not make the cut in Goldman's famously exhaustive recruitment process (or at the other two firms either). "It wasn't a nutty decision. I was a lawyer," he says. "I didn't have a finance background." Instead, in 1982 he landed a job as a gold salesman for J. Aron & Co., an obscure commodities firm...
...real estate bubbles. The LDP, says Curtis, failed to respond to the changing needs of the people, particularly those living in rural areas. The electorate system, which changed in 1994 to include single-member districts, also chipped away at what helped insulate the LDP from political competition. Before the switch from multi-member to single-member districts, voters who disapproved of the incumbent could vote for another LDP member if they wanted a change. With one seat to a district, however, a vote for "the other" becomes a vote for another party. That other party has become...
What do you crave when your life turns upside down? When you switch jobs or have a kid or move to a new city, you want to immerse yourself in a warm bath of familiarity, right? You want Mom's chocolate-chip cookies, your favorite musician burbling from the speakers, maybe a glass of your most reliable booze chilling your hand...