Word: recentering
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Dates: during 2000-2009
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...China's problem is that the recent state-directed deluge of bank lending has resulted in a recovery in GDP growth but the money is not filtering down to the SME sector. Loans are going mainly to politically connected state-owned enterprises, which now comprise just 40% of the economy and create only a quarter of jobs. It's an entrenched situation that dates back to the days of economic central planning, and something that China's communist rulers do not seem to have the political gumption - or indeed the desire - to change. (Watch a video about China?s knockoff...
...other actions that have been taken, which are crippling the whole society here," John Ging, head of the U.N. Relief and Works Agency in Gaza, told TIME on Sunday. "It's a tinderbox, this place, ready to explode at any time." After a cross-border attack on the recent Jewish holiday of Rosh Hashanah, the Israeli army released a statement warning that it would "respond harshly to any attempt to break the calm in Israel's southern communities." (See a video of Gazans celebrating the end of Ramadan...
...shortly after the region watched a tense handshake unfold 5,000 miles away in New York City with Palestinian Authority President Mahmoud Abbas, leader of Fatah, which controls the West Bank, and Israeli Prime Minister Benjamin Netanyahu. U.S.-led attempts at jump-starting the Israeli-Palestinian peace process in recent months have failed, in large part because of Israel's refusal to freeze construction of Jewish settlements in the West Bank. Egyptian-mediated talks aimed at reconciling rivals Fatah and Hamas have yet to see a breakthrough as well...
...side to stop their military activities against our people," Taher al-Nounou, a Hamas government spokesman, told TIME. "And I think it's a good policy." But al-Nounou warned that rocket fire from Gaza remains a legitimate response to Israeli offensive action, citing that as justification for a recent rocket attack by fellow Islamist group Islamic Jihad. "If the Israelis stop all their attacks, there will be no rockets from [Islamic] Jihad and the other big movements," al-Nounou said. Islamic Jihad and other Islamist groups are believed to be behind almost all of the rocket attacks since...
...recent U.N. report estimates that 1,387 civilians lost their lives, and much of the Gaza Strip's infrastructure was destroyed, in Israel's January invasion. The government and aid groups have been unable to rebuild because of an Israeli blockade that bars the import of cement and other building materials. The U.N.'s Ging says it was local frustration with the blockade - now in place for more than two years - that led to the spike in Hamas rocket fire, which in turn sparked Israeli bombardment in late December 2008 and invading troops on Jan. 4. Now, he warns...