Word: westly
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Dates: during 2000-2009
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...rare interview with TIME on July 10, Rajapaksa made no apologies about how he prosecuted his war with the Tigers. "We showed that you can defeat terrorism," he said. The U.S. and Europe, his biggest trading partners, publicly criticized his apparent disregard for human rights, but he dismisses the West's objections. "Some people think we are still colonies," he said. "That mentality must go." (Read "How to Defeat Insurgencies: Sri Lanka's Bad Example...
...Taiwan's success in electronics is a prime example of economic policies that lifted the island from poorhouse to powerhouse in a generation. But these days, the model that Taiwan has followed since the 1960s - concentrating heavily on building industries that could export to the wealthy West - has been exposed as dangerously flawed. Amid the global recession, electronics exports plunged 28% in the first half of 2009 compared to a year earlier, contributing to a 10.2% contraction of Taiwan's first-quarter GDP, the worst quarterly performance in the island's history. The government forecasts the economy will shrink...
...important piece of that pie is the increasingly large Chinese domestic market. Traditionally, Taiwan firms have exported electronic components to China, which were assembled in mainland factories and re-exported to customers in the West. But now Taiwan companies are looking to redirect their products toward China's wealthier consumers, thereby decreasing Taiwan's dependence on the U.S. Flat-screen-display maker AmTRAN Technology, based near Taipei, operates factories in China that export primarily to North America, but the company is tying up this year with a Chinese electronics brand to sell TVs inside China as well. "This year...
...Wanted: Eureka Moments The key to the government's grand plans is fostering innovation. Though its companies and research centers have been adept in past decades at advancing manufacturing systems and paying catch-up with the West, they haven't proven as capable of breaking new ground. To remain competitive, Taiwan has to develop its own technology, not just manufacture technology products...
Theo Chesley Noses his six-seat turboprop into a drizzly wind and levels off, soaring above the rich, silty veins of the Nushagak River in southwestern Alaska. The Nushagak is a salmon highway. To the west, its waters flow into Bristol Bay, home of the richest commercial-fishing grounds left in the U.S. About 40% of the wild seafood caught in the U.S. is fished right here...