Word: grewing
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...magazines are going through right now is a business-model problem, not a readership problem." For Business Week, actually, it's a bit of both: the magazine's total audience declined during the first six months of 2009, according to the latest MRI data, while Fortune's and Forbes' grew. Interestingly, in the same period, its website, with the much touted Business Exchange - a business-news aggregator cum social-networking site - increased its readership, usually drawing a little over 5 million unique visitors a month, according to Compete.com. That's not a bad showing, but it's no savior...
...across Europe, the young are hurting disproportionately. Nowhere is that more obvious than in Spain where unemployment in the general population runs to more than 17% and one in three people younger than 25 is out of work. Many have no frame of reference for what is happening; they grew up with two decades of strong economic growth and the optimistic assumption that they would be better off than their parents, just as their parents did better than the generation before them. The realization that Nikes, Wiis and cell phones are not their birthright comes as a hard lesson. With...
...most piercing blue eyes, and you always had a sense of where you stood with him by looking into them. They shone either with warmth or with wariness, depending on the situation--and if you ever drifted down and looked at his busted-up nose, they grew very wary...
McCourt was born in Brooklyn in 1930 - he would later, much later, memorably describe the scene of his conception in his memoir - but he grew up in Ireland. His parents were both Irish immigrants, and they moved back there, to Limerick, in an effort to stay ahead of McCourt's father's drinking problem. They didn't succeed. Malachy, Frank's father, worked intermittently as a laborer, but he drank constantly...
...this city of about four million, Morocco's biggest, thousands of people live in suburban shantytowns and slums. The urban squalor and poverty fuel extremism; the suicide bombers who killed a total of 48 people in attacks on downtown Casablanca in 2003 and 2007 all grew up in such places. While Moroccan authorities claim to have eradicated terrorism cells in the country's most depressed urban areas, millions of residents remain cripplingly poor. Unemployment in the slums stands at 32%. And the illiteracy rate of 64% is more than 10 points higher than the rest of Casablanca's. (See video...