Word: honolulu
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...prime position. It holds nearly $800 billion in U.S. Treasuries, making it Washington's biggest creditor. But Beijing is still not confident in acting on the world stage for any interest besides its own. A recent survey of Chinese élites by Pacific Forum CSIS, a Honolulu-based foreign policy research institute, found that more than 90% rejected a special leadership role for China and more than 70% said the greatest contribution the country could provide the world would be to provide for its own development. (See why China won't get tough on Iran...
...Noelani Elementary, the small school near Honolulu where President Obama learned to read and write, the next generation of Hawaii's leaders learned a new word this week: "furlough...
...February 2008, a Go! Airlines flight from Honolulu overshot the airport in Hilo, Hawaii, and continued for some 30 miles over the Pacific Ocean before circling back. The captain originally said they had entered the wrong air-traffic-control frequency, but both pilots later admitted they had fallen asleep. A contributing factor to the incident, according to the National Transportation Safety Board (NTSB), was the captain's undiagnosed sleep apnea, which authorities call a growing cause of transportation accidents...
...their current price-to-rent ratios to what their ratios have been over the past 15 years. The result: in 21 cities, renting still looks to be the better bargain. Among the renter-friendly outposts are Baltimore; Raleigh and Charlotte, N.C.; Salt Lake City; San Antonio; Trenton, N.J.; Philadelphia; Honolulu; Seattle; and Portland...
...have to go to Florida, though, to be reminded that if you're in the housing market right now, the thing you want to be is a buyer. Marked-down properties account for more than 30% of listings in 15 other cities, including Boston, Minneapolis, Milwaukee, Honolulu and Tucson, Ariz. Even that may be an understatement of the discounts that are to be had: houses that were taken off the market and then relisted at a lower price weren't included in the analysis. (See how Americans are spending...