Word: third world
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...spending on infrastructure and projects but also seeks to get notoriously savings-obsessed Chinese consumers - who boast the highest household-savings rate in the world - to do more spending of their own. The package proposes to do this by, among other things, cutting taxes and abolishing existing limits on commercial banks' credit-lending. The plan also advances the government's oft stated desire to improve living conditions in the countryside, where residents earn about a third of what urbanites pull in - a situation Beijing rightly considers a threat to the country's social stability...
...rather, many stories. Poundstone evokes a world of idiosyncratic intellectuals and delusional politicians, a world gone slightly mad under the weight of the democratic system.His offbeat academics tend to be endearing if egotistical, and Poundstone captures the intriguing dynamics that characterize both their personal lives and their work.On the other hand, Poundstone’s politicos, with notable exceptions, tend toward corruption and megalomania. He spends ample time discussing the stranger-than-fiction behaviors of Nader and Ross Perot, and also sheds light upon more obscure third-party candidates. Perhaps most memorable are Kinky Friedman, a Jewish country singer...
...Those will come tomorrow, when H&M security is put to the test by the thousands of customers expected to arrive before the store opens at 11AM. When the world's third-largest apparel retailer debuted its Japan flagship two months ago in Ginza, Tokyo's own Fifth Avenue, some 3000 shoppers lined up for first dibs on the brand's affordable fashion, amidst falling luxury sales on the same street. As Japan's recessionary economy and the appreciation of the yen left other businesses in Japan to watch purse strings tighten and household consumption drop, people continued to wait...
...even our valiant efforts couldn’t affect the painful food waste and water runoff from tray washing, which is starving seals in the third-world, not to mention maintaining the funding of Diamond Magazine. Somehow there are still students who fail to see tray-less dining’s clear benefits...
...past eight years, Republican rule has undermined everything from America’s powerful economy to its esteemed position in the world, but the people have powerfully spoken in favor of change. While a divisive McCain campaign attempted to exploit every racial, ethnic, and class tension still extant in America, the politics of Karl Rove that succeeded in delivering the Republicans two consecutive presidential elections couldn’t be counted on for a third. Many may have believed that Barack Obama was too smart, too black, or even too “Muslim” to be accepted...