Word: worldly
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...Iranians, who still worry about daily matters. While overall inflation has decreased to single digit percentages, residents of East Tehran expressed to TIME their concern about rising bread prices and the possible removal of energy subsidies by the government in the coming year. As in the rest of the world, Iran's economy has slowed down from its oil-fueled overheated state just two years ago. The government, however, has yet to explain to most people if any economic good will come via a nuclear agreement...
...Sobel may soon have less to do in that second job. The Swiss government, concerned that Switzerland is becoming a destination for "suicide tourism," wants to tighten its decades-old assisted-suicide law, considered to be the most liberal of its kind in the world. As it stands, the legislation permits assisted suicide if a physician is convinced that the patient has no chance of recovery, that he or she is mentally and physically capable of making the decision to die and that the patient administers the drug - about 10 grams of sodium pentobarbital mixed with a fruit juice...
...avoid a real estate bubble by implementing sector-specific measures in the coming months to cool down property prices, like tightening access to mortgages for buyers of second homes - who are more likely to be purchasing apartments as speculative investments. (Read "Will China's Consumers Save the World Economy...
...economists believe that the longer Beijing keeps the stimulus tap open, the greater the danger that the good times in Chinese real estate could turn ugly. Louis Kuijs, a China economist at the World Bank in Beijing, commented in early November that even though Chinese policymakers may not need a "major tightening" right away, "risks of asset price bubbles and misallocation of resources in the face of high liquidity need to be mitigated." Kuijs concluded that "the overall monetary stance will have to be tightened eventually." Beijing's big test is to make sure that doesn't happen too early...
Read "Hong Kong: The World's Most Expensive Real Estate...