Word: eras
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...surreally placed beneath vintage fans, Singapore's New Majestic Hotel (newmajestichotel.com) makes a striking first impression. Then again, 34-year-old owner Loh Lik Peng didn't make his name by pandering to conventional notions of innkeeping. The lawyer-turned-hotelier's first property, Hotel 1929, saw a colonial-era terrace on the fringes of Chinatown transformed into a modish haven of 32 small but eccentrically styled rooms. The latest venture, a couple of streets away, is a grander vehicle for his bohemianism. There are avant-garde murals and installations by nine up-and-coming local artists, and eminent creative...
...something is stirring here in provincial Russia, a three-hour drive from Moscow. The potholes on Lenin Street are as treacherous as ever, but over the past couple of years the dreary Soviet-era stores that once lined it have been snapped up and remodeled. Waitresses in red tartan aprons now dish out edible pizza for $1 a slice at Tashir's shiny new restaurant, which also offers wireless Internet access. Nearby are a sushi bar, a kitchen-design store, a café that bears a passing resemblance to Starbucks, a bright yellow mobile-phone kiosk that's open 24 hours...
...polling organization, Romir Monitoring, says his polls suggest that most people don't feel better off even though they are consuming more. Everyone grumbles about inflation, currently at about 12%. Apartment prices are soaring faster than in Shanghai or New York City. But for all its uncertainties, the Putin era seems less erratic than the tumultuous years of the previous decade, spanning the collapse of the Soviet Union in 1991 and the Yeltsin-era crisis in 1998, which wiped out most people's savings. "Putin's our Teflon President," says Milekhin, pointing to a chart that shows how even potentially...
...portion of its oil revenues in a so-called stabilization fund that tops $55 billion, and Moscow is running a budget surplus equal to 7% of GDP. But economists are worried that the Kremlin hasn't used the fat years to cut back on the remnants of Soviet-era bureaucracy, modernize Russian industry or improve the overall investment climate. "Russia will continue to be hooked on oil revenue for the foreseeable future," says Ivan Szegvari, a Russian-economy specialist at the European Bank for Reconstruction and Development in London. Retailing is booming, but there are relatively few examples of other...
...know local produce, taste handmade cheeses and meet the growers who supplied our ingredients. Later, as we prepped the two dozen items for a Oaxacan mole negro (chicken in a dark-brown spicy sauce), Cabrera explained its origins. The dish was developed during the Spanish colonial era and contains ingredients from as far away as India. "My class isn't just about making recipes," she says. "I'm sharing a tradition...