Word: crisises
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To understand why, let's go back to May 2005. Back then, CEOs loved China because it had become the world's low-cost, increasingly high-quality manufacturing hub. They loved its vast and growing ranks of middle-class consumers. Most of all, the capitalist bosses loved working with officials...
By that logic, Hita simply weeded himself out. Robert Thurman, a Buddhist scholar, former monk and friend of the Dalai Lama, recounts that when told years ago that Hita was to receive a traditional Buddhist education in India he expressed concern. Thurman's argument: "If he wanted Tibetan traditional [education...
The implosion owes much to the economic crisis but also to a series of Labour blunders. As it's the party in power, revelations that MPs on all sides have been milking a lavish expenses system have left Labour with the bloodiest nose. Throw in the perception that the governing...
The biggest beneficiaries of the relative status quo were two smaller groupings on opposite sides of the political spectrum. On the left, the Italy of Values Party, led by former anticorruption prosecutor Antonio Di Pietro, tallied 8% by appealing to voters who want a more aggressive approach in taking on...
Sarkozy's rightist Union for a Popular Majority (UMP) claimed first place with 27.9% of the Euro vote. The result marks the first time a sitting French President's party has won a European election since 1979. That success in avoiding the traditional midterm European protest vote was all the...