Word: moneys
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...countries, India and Indonesia [Oct. 26]. I completely agree that Western countries, development organizations and the Food and Agriculture Organization have neglected small-scale farming in the developing world, destroying rural economies under a growing population (thanks to health programs, better drinking water, etc., where so much of the money went). This is the single most important reason why 50 years of development aid did not work in Africa. But the agricultural policy, the food-aid policy and the trade barriers of the European Union and the U.S. have also done much to damage agriculture in developing countries. As long...
...pictures of the dangers of printing money in Germany...
...global economy. On an ordinary Wednesday morning, customers steadily stream into the showroom, briefly open and close the doors to the displayed minivans, manufactured by a joint venture between General Motors and two Chinese carmakers, and then march over to the front desk to plop down their money. While salesmen in the U.S. struggle to move cars off their lots, Xu Zhanrong, the deputy general manager of the Xi'an dealership, can barely keep the Wulings in stock. Sales are up some 40% this year, Xu says, with about 50 customers a day driving off with new minivans. "From what...
...fair share to rev up excitement in a town that is used to ethnic marketing (note the billboards for visiting superstars from South Korea, north Africa and Israel, alongside those of Bette Midler and Carrot Top). On fight night, national flags were worn as athletic costumes, though the big money men were still accompanied by towering escorts in body-tight metallic lamé and slave-ankle stilettos. Some traditions never change...
...change in policy also reflects the political and economic reality in Asia. While the U.S. and European Union have stayed away, other countries have poured money into Burma - most notably its neighbors China, Thailand and India, who are hungry for the country's plentiful natural resources. The sting of western sanctions has been lessened by such investment forays, leaving the Burmese military brass with plenty of money to prop up their regime. (See pictures of what lies behind the discontent in Burma...