Word: westernizes
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Dates: during 2000-2009
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...clip. China Mobile, the world's biggest mobile-phone company, adds more than 7 million new subscribers to its network every month. Companies like India's Tata and China's Lenovo - to say nothing of the sovereign wealth funds of Asia and the Gulf - routinely snap up icons of Western industry and commerce...
...Even more than the lower prices, OPEC leaders have been jolted by the lightning speed with which they have tumbled. But their influence over prices is more limited than many in Western countries believe, or OPEC members would like: OPEC members, in fact, produces only one-third of the world's oil; the rest comes from Canada, Russia, Mexico, and several smaller countries. The cartel sets production quotas for each member, but those are routinely violated by bigger players, like Saudi Arabia, whose well usually have spare capacity. "We saw that when prices went up to $145 a barrel OPEC...
...interconnected that trouble in one place, especially somewhere as economically powerful as the U.S., can and does easily spread elsewhere. For a while, Turks - like Chinese, Brazilians, Indians, Hungarians and others - thought their buoyant domestic growth could insulate them from a downturn in the U.S. and Western Europe. Now they're discovering that it can't. "A lot of us gave credence to 'decoupling,' " says Ümit Boyner, who together with her husband runs a big Turkish retail empire. "Looking ahead, we're wondering if we've even seen the worst...
...Istanbul across the Marmara Sea. Just outside the old town is a sprawling Renault plant that dates back almost four decades. During the first years of its operation, the factory produced small cars for the Turkish domestic market - models that were already at the end of their life in Western Europe. But since 2000, Renault has used the Turkish plant as a significant export hub. It makes Renault's Mégane and Clio cars there for the rest of Europe, and has been upgrading the factory to produce diesel engines. "The quality is really good," says Alain Gabillet...
From the Magna Carta to the Bill of Rights to Miranda v. Arizona, western legal systems have been making steady progress toward providing the accused with sufficient due process in the name of justice. While the guarantee of defendants’ rights has fortunately caught on in much of the world, the Administrative Board of Harvard College remains an unfortunate exception. Since its establishment in 1890, the Ad Board has operated under rules and restrictions that are fundamentally unfair to students. When students are called before the Ad Board, the deck is clearly stacked against them. Students are not allowed...