Word: abroad
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...save Citi when other banks are going under? Citigroup, with $160 billion in revenue last year, more than 300,000 employees and tendrils in every corner of finance, both domestically and abroad, is the poster child for an institution that is allegedly "too big to fail." A much smaller financial institution, Lehman Brothers, was allowed to go down - and shock waves hit corners of the financial world, like money-market mutual funds, that no one had anticipated. The fear is not only of pain inflicted but also of unpredictability...
...Love, however, is a little tougher with empty stomachs and untreated infections. In Cape Verde, an African island nation, live about 460,000 people. There are about 500,000 Cape Verdeans overseas, including a very large contingent in Boston. With the help of remittances sent back home from workers abroad, Cape Verde has doubled its per capita income since 1990—the sums amount to about 12 percent of GDP. In fact, Cape Verde migrants elect their own representatives to the National Assembly. Cape Verde has become a state beyond borders, and this is all the better for Cape...
...clay to the braided grass impressed upon the pots to add texture, every material used was completely natural and close at hand. Although this pottery—which is primarily used for cooking and storing food—is threatened by an inundation of modern wares from abroad, the pots and their uses have not changed. “Form always came from function,” Hoy said. She recounted that whenever she would attempt a new shape, her teacher would come over and mold it into a traditional one.“I think that part...
...businesses and industrial development. He hopes to bring in building-material companies that will develop earthquake-resistant products. Once Beichuan is rebuilt, a process that is estimated to take three years, Zhang hopes that the firms can then produce materials for seismic hazard zones elsewhere in China and abroad. The strain on Zhang and other local bureaucrats is severe. A quarter of government officials died in the quake, and the disaster continues to take victims. On Oct. 3, a Beichuan official who lost his only son to the quake killed himself. Zhang says his job keeps him from remembering what...
...Baltics, after all, were once part of the Soviet Union, and the others were satrapies until the Berlin Wall came down in 1989. Never mind that all of them, with the exception of Ukraine, are now firmly embedded in E.U. and NATO; for Russia they are either the "near abroad" or what the tsars used to call Russia's "sphere of influence...