Word: turning
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Dates: during 2000-2009
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...dropping like flies.” The Santa Marias’ first foray in Harvard Square was a leather goods store, which opened at Via Vai’s current location in 1985. According to Marie, the economic recession of the early ’90s prompted them to turn from leather to clothing. “We’ve gone through good periods and good times and we have loyal customers here at Via Vai,” she said. “Honestly, Alo’s merchandise might have been a little too sophisticated...
...those attending the G-20 summit in London this week want a quick lesson on how economic booms can turn into busts and how grandiose bets on real estate plays can get you into trouble, they would do well to learn the lesson of their surroundings. The summit of leaders from 19 of the world's key economies will be held in London's docklands, just east of Canary Wharf, a real estate megaventure conceived on industrial wasteland in Britain's go-go 1980s. By the time the first part of the project was completed in the early 1990s, Britain...
...that amoeba-like city to the east. So do big bets on real estate ever pay off? Anyone who saw the sheer scale of decrepitude and decay of London's docklands in the early 1980s like I did will need no convincing that they sometimes do. In the ever turning cycle of economies, booms turn into busts, all right. But busts, too, come...
Varun Gandhi is the great-grandson of Jawaharlal Nehru, the country's first Prime Minister. His grandmother was Nehru's only child, Indira Gandhi, whose two sons, in turn, left legacies at odds with each other. The older son Rajiv, succeeded his mother as prime minister shortly after she was assassinated in 1984. Rajiv was later murdered in a 1994 terrorist bombing and his Italian-born widow, Sonia, now leads the ruling Congress Party. Rajiv's younger brother, Sanjay, however, had been their mother Indira's favorite and had been viewed as her heir apparent until his sudden death...
...will no doubt be relieved that Obama's new strategy is as pragmatic as it is. The new President has abandoned earlier plans to turn Afghanistan into what Defense Secretary Robert Gates called "a Central Asian Valhalla", the task is focused on basic stability: halting the Taliban's momentum and preventing the country being used as a base for terrorists. In The Hague, U.S. Secretary of State Hillary Clinton even talked of negotiations with reconcilable Taliban insurgents, promising "reintegration into a peaceful society if they are willing to abandon violence, break with al-Qaeda, and support the constitution...