Word: easting
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...Today, the tigers are being tripped up by that same lifeline. As consumer and industrial demand dries up in recession-wracked Western countries, East Asia's export-led nations are proving to be extremely vulnerable to a synchronized global slowdown. Among the tigers, overseas trade is shrinking with frightening speed: Taiwan's exports in January plunged 44% from the same month a year earlier, while Singapore's fell 35% and South Korea's 33%. Overall economic growth is following suit. In the fourth quarter of 2008, Taiwan's GDP contracted 8.4% from the same period a year earlier, the worst...
...first layer of diversification must come in the makeup of the tigers' export markets by strengthening and extending trade links beyond the U.S. and Europe. Policymakers in Taiwan aim to do this by stimulating trade with other emerging markets, such as Russia, Brazil, India and the Middle East. Commerce within the region also needs a boost. The tigers need to "open up trade among the markets here, and to develop local goods that are attractive to local markets," says Joe Zveglich, assistant chief economist at the Asian Development Bank in Manila...
Harvard women’s swimming and diving looks to make a splash tomorrow in East Meadow, N.Y. at the three-day Ivy League Championships. The Crimson (6-1, 6-1 Ivy) has been cruising through its season, losing only one meet to the reigning three-time Ivy League champion Princeton Tigers (7-0, 7-0). When Harvard faced the Tigers earlier this month, Princeton escaped by a narrow 22-point margin, and this weekend the Crimson is looking for revenge. Harvard is in an eerily familiar position heading into the weekend’s meet. Last year?...
...awareness” to repair the damage. One need not unduly exert his memory to find copious examples. The Salient—Harvard’s impeccably edited premier journal of opinion—several years ago printed a parody of a Barbie-type doll marketed in the Middle East to criticize some of the more repressive policies of the region’s regimes. Unsurprisingly, many campus Muslims interpreted this spoof as a slight to their religion and released a deluge of offended dispatches to House e-mail lists as well as pointed Crimson opinion pieces and letters...
...German capital, which this year commemorates the 20th anniversary of the fall of the Berlin Wall, has undergone rapid changes in the past few years. Right after the wall came down, there was an abundance of cheap living space, especially in the East, where dozens of abandoned apartments - and even entire apartment buildings - were just waiting for squatters to move in. Today most of the squats have been renovated and transformed into legal, more upscale housing. (See pictures of the Berlin Wall...