Word: southing
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...Take the Asian financial crisis of 1997. In South Korea, the biggest corporate failure - the collapse of the humungous Daewoo Group - happened two years after the onset of the crisis, when healthy economic growth had already returned. The crisis had undermined the fundamental willingness of a reformed banking sector and reform-minded government to continue backing the country's bloated and financially irresponsible companies. Daewoo's problems originated before the Asian crisis, but they only exploded after the crisis...
...billion from $10.6 billion a year ago, according to ShopperTrak, a research firm that tracks activity at more than 50,000 retail outlets. Sales fluctuated by region, with the West scoring the biggest increase at 4.7%. This was followed by the Midwest, where sales rose 1.3%, and the South, which posted a 0.6% gain. The Northeast took the biggest hit, with sales tumbling 4.9%. ShopperTrak co-founder Bill Martin reiterated his earlier projection of a 1.6% sales increase for 2009's holiday season...
Tuna has long been a standard item on my shopping list. Not anymore. A small contribution to conservation, perhaps, but one by one it may make a difference. Thank you TIME for regularly alerting readers to the planet's predicament. Cilla Geldenhuys, WITSAND, SOUTH AFRICA...
...younger, mentally disabled sister while their single mother studied to be a paramedic. In January, while crossing the street to get to her home west of Miami, Ashley was struck and killed by a hit-and-run driver in a pickup truck - and became a heart-wrenching symbol of South Florida's notoriously reckless car culture. "You see all these people getting run over and you ask yourself: What's happened to us as people here?" says Ashley's mother, Adonay Risete. "We need to get tougher and change attitudes." (Read more TIME city guides, travel stories and advice...
...pedestrians, and the worst four just happen to be in the Sunshine State: Orlando, Tampa, Miami and Jacksonville. It may seem like an astonishing find, but it's not actually all that surprising: 490 pedestrians were killed by cars in Florida last year, the most in any state, and South Florida consistently ranks as one of the worst pockets for hit-and-run fatalities...