Word: worldlys
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...China that a freely floating yuan would be worth significantly more than the 15 cents it currently goes for. By keeping its currency's value artificially low, China makes its products cheaper in the U.S., thus encouraging imbalanced trade. (See a story about China's consumers and the world economy...
...Persian Emperor Cambyses dispatched 50,000 of his soldiers to lay waste to an oasis temple in the Sahara because its oracle had spoken ill of his plans for world domination. The punitive expedition proved to be one of antiquity's most dramatic episodes of imperial overreach. One morning, while the army was having breakfast, writes the ancient historian Herodotus in The Histories, it was set upon by "a violent southern wind, bringing with it piles of sand, which buried them." The Greek continues, "Thus it was that they utterly disappeared...
Ndesandjo's life was hardly ordinary even before the world discovered his connection to the President of the United States. Educated at international schools in Nairobi, Ndesandjo, an American citizen, moved to the U.S. after high school, where he earned physics degrees from Stanford and Brown as well as an executive M.B.A. from Emory University. Soon after 9/11, he was laid off from his marketing job at telecommunications-equipment maker Nortel Networks in Atlanta. He decided to reinvent himself by moving to China, a country he had visited with classmates while at Emory. Since 2002, he has taught English...
...culture. "I'm so happy my brother is coming to China because I've experienced the warmth and the graciousness of the Chinese people," he says. "If we can continue seeing the mutual positive points in these two great cultures, I think it'll be good for the world in general...
...recent BBC global poll found widespread dissatisfaction with free-market capitalism, with only 11% of those questioned across 27 countries saying that it is working well. Perhaps not surprisingly, France led the world with 43% who say capitalism is "fatally flawed." Le Monde, meanwhile, reported on Saturday that the economic crisis has revived support for decroissance, a leftist, ecologically driven philosophy that questions the belief in economic growth as a public good...