Word: booming
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...understand the new gallery's significance, consider the history of the DIA, as the museum is known in Detroit. Shortly after its founding in the 1880s, the DIA began collecting Islamic art. The 1920s auto-industry boom made Detroit one of the world's wealthiest cities - "the Paris of the Midwest," many called it. In 1927, the DIA moved into its current home, a white Beaux Arts building near Detroit's downtown, and sharply expanded its collections, mainly with European and American pieces, although it briefly hired an Islamic-arts specialist to curate a small collection. In the following decades...
...companies poised to enjoy the splurge will not be multinational but Chinese. They know their home market, and how to overcome its obstacles. Some also offer instructive examples for foreign enterprises keen to ride the growth of Chinese consumer culture. Here are four: (See pictures of China's infrastructure boom...
...Shanghai Institute for International Strategic Studies, a government-backed think tank. "I predict that, given the current policy environment, the growth rate of military expenses will remain roughly on the same level as China's GDP growth in the next few years." (See pictures of China's infrastructure boom...
...more troops on the border. Security experts say that that jihadist groups in the region exploit the porous border between India and Nepal, and they worry that India's Maoist insurgency may do the same. "That is their biggest concern," says Nayak. (See pictures of China's infrastructure boom...
...fast. We'll see the same kind of pattern that happened with beer. We're in the middle of an explosion, there will be a reversal, and then there will be a second round with more stability. If it were legalized, which would be wonderful, I think it would boom...