Word: globally
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Dates: during 2000-2000
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...technological revolution has no rearview mirror. We have not only seen the future, we've moved into it. Yesterday is history. Familiar forms will disappear. Who needs fiction when we have Survivor and the Florida Supreme Court? And new formats will change what designer Bruce Mau calls "the global image economy." Soon the multiplexes will go digital; "films" will no longer exist. We're already consuming e-books, e-movies, e-music. Egad...
...LIFE STYLE Design guru Bruce Mau argues passionately that form is inextricable from message. Nowhere is that truer than in his 624-page book, part portfolio, part manifesto, urging readers to become alert to the meanings transmitted in "the global image economy...
...WWW.NAPSTER.COM Any song. Any time. Free. That's the beauty of Napster, the simple computer program written by college dropout Shawn Fanning that sparked a global frenzy of music sharing. With its 38 million converts, even Metallica and its legions of lawyers won't get this genie back into its bottle...
...makes good on threats to rein in crude-oil supplies in 2001. The Clinton Administration's decision last September to release some 30 million bbl. of oil from the U.S. Strategic Petroleum Reserve (SPR) did little to cool the crude market, and since then Middle East turmoil and strong global demand have kept traders on edge. At the same time, global refining capacity is strained to the limit. "When you have a market this tight, it's vulnerable to disruption," warns Daniel Yergin, chairman of Cambridge Energy Research Associates. "It could be a political event. It might involve a logistical...
...what the U.S. Energy Department calls "alarmingly low levels." That's the classic formula for a price spike that could quickly drive the cost of oil above $40 per bbl., a level that, if sustained for any significant length of time, could inflict considerable damage on the U.S. and global economies. O.K., that's the scare-your-pants-off scenario. At the moment, though, most experts are more optimistic. Despite the capacity strains, they don't think the oil pinch will get anywhere near so bad. Indeed, in the absence of a Middle East war or some other unforeseen calamity...