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Word: globalizers (lookup in dictionary) (lookup stats)
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...fashionable properties, and features every high-tech gizmo that the urbane traveler could require. Most rooms offer views of the South China Sea. Villas and manors come with private pools and some - with an eye on long-staying guests or party planners - feature roomy kitchens. (See TIME's Global Adviser for exotic, beautiful and interesting getaways...

Author: /time Magazine | Title: Room at the Inn: Capella Singapore | 8/12/2009 | See Source »

...whimsical approach to retailing. Customers grew accustomed to having to make appointments via text message, and falling in love with some item only to be told that it wasn't for sale. Others were given items free, because Salaveria wanted them to have good homes. (See TIME's Global Adviser for exotic, beautiful and interesting getaways...

Author: /time Magazine | Title: The X Factor: Manila's Footwear Expo | 8/12/2009 | See Source »

...Keith Haring from the same period reveal graffiti's impact on fine art. Rare films and headlines describe the deaths (spray-painting on busy subway lines is hazardous) and municipal cleanup efforts that ended graffiti's golden age, at least in New York, by 1989. (See TIME's Global Adviser for exotic, beautiful and interesting getaways...

Author: /time Magazine | Title: Born in the Streets — Grafitti | 8/12/2009 | See Source »

...Brace for impact. The global recession has hit air carriers everywhere, but a sharp decline in passenger numbers is especially bad news for India. With oil prices rising to $73 a barrel, Indian airlines - which carry just 2% of the world's passengers - could sustain more than $2.5 billion in losses this year, accounting for one-fourth of the projected $9 billion in losses for the entire industry, according to the International Air Transport Association. Weighed down by overcapacity, debt and the government's refusal to provide bailouts, Indian carriers are being forced to slash their operations and reduce ticket...

Author: /time Magazine | Title: India's Airline Industry Goes From Boom to Bust | 8/12/2009 | See Source »

...fiscal year ending March 31, along with an accumulated debt of $3.5 billion; that debt load is expected to rise to $7 billion by 2012 if it takes delivery of 111 new aircraft already on order. Air India alone accounts for 10% of the total projected losses for the global airline industry this year - even though it carries just 0.35% of global traffic. Air India is suffering from an aging fleet and a bloated staff roster of 31,000 permanent employees and 20,000 contract staff; its labor costs amount to 18% of its total operating expense, the highest ratio...

Author: /time Magazine | Title: India's Airline Industry Goes From Boom to Bust | 8/12/2009 | See Source »

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