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Still, Qatar insists it is not trying to become the next Dubai. Emir Hamad bin Khalifa al-Thani, Qatar's ruler, doesn't want to make his country a global capital, so much as use his nation's gas resources to move what was once a tribal, Bedouin society into the modern world with Muslim culture and values intact. Qatar, say state officials, will never try to do the kind of high-volume business that put Dubai on the map but also made it so vulnerable to a speculative bubble. "Dubai is all about numbers and bringing in huge infrastructure...
...without oil money of its own, Dubai has little choice but to listen to its foreign creditors and stakeholders. And wealthy as they are, the leaders of the gulf countries also know their societies have to eventually change too, says economist Sfakianakis. Oil generates wealth, but the oil industry doesn't generate many jobs. Even in rich Saudi Arabia, unemployment is officially 11.6% - and that's among men only. Some 65% of the population in the broader Middle East is younger than 30. For the region's governments to create jobs for all those young people, they will have...
...audience ("The show starts at 8. You move a little slower, you need to leave a little earlier"), joking about a co-star's bad breath and delivering impromptu movie reviews. (He praises Disney's The Princess and the Frog for having a black heroine but laments that she doesn't wind up with a black prince: "Black woman can't even have a black man in animation!") After the curtain call, he spends another 15 minutes talking to the crowd, explaining the background of the show (he wrote it after the death of his mother last year), making...
...have a government deficit expected to hit 10.6% of GDP this year and a total federal debt that will cross 100% of GDP in 2012, according to White House projections. The rolling crisis of the past three years has been an embarrassing exercise in exposing the financially underclothed. It doesn't appear to be over--and the U.S. isn't what you would call well dressed...
...public-school teacher, I have witnessed the downside of teachers' unions and agree with Joe Klein's "Failing Our Schools" in some respects [Feb. 8]. However, using only test scores as a gauge for accountability--as required for the Race to the Top funding that Klein extols--doesn't allow administrators to fully evaluate how successful and hardworking a teacher is. Socioeconomics, student support at home and how students are grouped from classroom to classroom may stack results to favor some teachers and unfairly disadvantage others. The unions and government must work together to establish fair accountability and a system...