Word: war
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...injection of demand into the old GDR, of course, took place in a very different environment from today's. Its key purpose was as much political as economic: to create a reunited Germany, with shared values, from the two states that were the legacy of World War II. But as stimulus plans take hold across the world, policymakers would like to know precisely what such largesse can buy. Because of the slump in world trade, and hence in demand for its exports, Germany itself is facing a tremendous slowdown. The government now predicts that its economy will contract...
Money Isn't Everything In short, Halle has learned that throwing money at an economic meltdown isn't a cure-all. To be sure, some towns in the old GDR have done well. In the Saxon heartland, where the local economy had strong roots going back to before World War II, Dresden has turned itself into a world center for semiconductors, Leipzig has attracted automakers including BMW and Porsche, and Jena has successfully built on the reputation of its optical firm, Carl Zeiss. But for the most part, eastern Germany is still far from resembling the "blossoming landscapes" that former...
...Indonesia in 1964 is teetering on the edge of civil war. Sukarno's "guided democracy" is in its death throes, and militant communism is on the rise. Jakarta is no place for an innocent such as Adam, who unknowingly gets roped into petty terrorism. Meanwhile, Johan, drifting aimlessly through a cushioned life of wealth, cars and soft drugs, cannot lay to rest the memories of his lost brother...
...before NATO embarked on sensitive military exercises nearby. Officials painted the mutiny as a covert Russian coup attempt, which Moscow flatly denied. The uprising comes at a bad time for President Mikheil Saakashvili, who faces mass protests calling for his resignation over his handling of last year's war with Russia...
...Mumbai Alleged Gunman Fights Back Mohammad Ajmal Amir Qasab, the sole surviving suspected gunman involved in November's deadly terrorist attacks in Mumbai, pleaded not guilty to all charges against him, including murder and waging war, in a Mumbai court on May 6. After failing to convince the court that he was under 18 and should be tried as a minor, Qasab admitted he was 21 but maintained his innocence, claiming he had been tortured into confessing. Two others accused of helping plan the attacks also pleaded not guilty. More than 160 people died in the assault, including nine suspected...