Word: easting
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...containing the risks of the global financial crisis in record time," he said last April. Indeed, even as the property bubble was bursting and throwing thousands out of work in his realm a year ago, Dubai played host to probably the biggest party ever thrown in the Middle East: a $20 million red-carpet extravaganza, with fireworks visible from outer space, to celebrate the opening of the $1.5 billion Atlantis hotel and resort. (See a story about whether Dubai's problems will spread...
...went to Sheik Mohammed bin Rashid al-Maktoum with a plan for a tall office building. "Only 90 stories?" the ruler of Dubai asked. The aide was sent back to the drawing board, with instructions to design the highest structure not just in Dubai, not just in the Middle East, but in the world. When the Burj Dubai has its grand opening in January, it will be an 818-meter monument to the visionary autocrat who dreamed the Dubai dream - and, as it turns out, a conspicuous symbol of the hyper-ambition that now threatens the emirate with financial ruin...
...Mohammed's fall from grace, but none can deny Dubai's remarkable accomplishments - or ignore the fact that only an ambitious dreamer could have made them happen. In the 1980s, when Dubai's neighbors were either hibernating behind a curtain of oil wealth or dabbling, sometimes disastrously, in Middle East politics, Sheik Mohammed began transforming oil-poor Dubai from an Arab backwater into a global city. Within a decade Dubai had a world-class air carrier in Emirates Airlines and a glamorous, iconic "seven-star" hotel, the Burj al-Arab, as high as the Eiffel Tower. Within another decade, Dubai...
That remains to be seen, but the world cannot afford the failure of Sheik Mohammed. Whatever Dubai's excesses, this metropolis on the desert edge - not Cairo, Beirut, Tehran or Tel Aviv - has become the Middle East's crossroads of cooperation. In a region where conflicts still rage, Dubai has become a place where Arabs and others have learned to go to build a future together. In a 2007 speech to international business leaders, Sheik Mohammed chastised Arabs who preferred "to sit around waiting, praising our glorious past and blaming others for our failures and our problems." Instead, he said...
After a holiday weekend away from Cambridge, the toughest adjustment that we students face may not be from West Coast waves to East Coast ice or from snoozing to studying. Rather, the harshest reality check might have come as a punch to the stomach...