Word: third world
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...while industrial output in the world's second-largest economy jumped 5.9% in May - the third consecutive month-to-month increase - output remains down nearly 30% compared with May, 2008. "Currently, the recovery is boosted by global destocking and the government economic-stimulus measures," says Hiromichi Shirakawa, chief economist at Credit Suisse in Tokyo. "If [those] fade away, it's possible for the [economy] to go down again." (See 10 things to do in Tokyo...
...worst experienced since the 1990s. The World Food Program (WFP) says it has launched a program to feed 6.2 million people in North Korea, or more than a quarter of the population. Yet in March, North Korea, without explanation, rejected all food aid from the United States, its largest official donor, and kicked five aid groups distributing the food out of the country. The step is potentially disastrous for the North Korean people. The WFP figures that last year's harvest, though slightly improved on 2007's, still fell about a third short of the population's needs. (See pictures...
...have earned an astral $201 million, according to Paramount, its producing studio. That's nearly a third higher than the previous top Wednesday-to-Sunday take - $152.4 million, for Spider-Man 2 in 2004 - and within a hair of the all-time five-day total, $203.7 million (Friday to Tuesday), for last year's The Dark Knight. Add the $200 million or so that this Armageddon for machines picked up in foreign theaters over the same stretch, and you have a $400 million world domination. (We'll add just one more $200 million figure: that's what this T2 cost...
...dancer whose first exposure to Jackson was the album "Off the Wall" when she was in the third grade - said she first heard the news of Michael Jackson's death at 8 a.m. at her home in Tokyo. Another fan in the shop, 23-year-old Toshiki Nakamura, pulls out his iPhone and scrolls through a long list of Jackson albums. "I was so shocked when I heard," he says. (See pictures of people around the world mourning Michael Jackson...
...grand scale in a state that boasts the world's eighth largest economy and a Hollywood star in the lead role. After voters rejected a slew of convoluted budget-balancing measures, the governor has proposed cuts to programs that would make California more like a struggling Third World state than 21st century America: welfare subsistence benefits would end, 1 million poor children would lose health care, college aid for the state's best and brightest would be phased out, nonviolent prisoners would be released, hundreds of state parks would be shuttered, and thousands of teachers would lose their jobs. (Read...