Word: acrosses
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Dates: during 2000-2009
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...reach the end of a miserable 2009, signs continue to mount across the globe that the world economy is stirring back to life. The U.S. finally returned to growth in the third quarter, with its strongest showing in two years, India posted inspiring 7.9% growth and the results out of tiny Taiwan, one of the economies slammed the hardest by the global recession, were so impressive one economist beamed that the island "got its groove on." Stock markets, aside from a downward blip here and there, have generally been buoyant. During this season of Thanksgiving and holiday cheer, there seems...
...that investors will reassess their exposure to risky emerging markets in some kind of financial "contagion." BofA Merrill Lynch strategists postulated in a report that "one cannot rule out - as a tail risk - a case where this would escalate into a major sovereign-default problem, which would then resonate across global emerging markets...
...With schemes now proliferating across Indonesia and the globe, the U.N. estimates that REDD revenues could pump up to $30 billion a year into the developing world, promising much-needed revenue at a time when rich nations still haggle over how much money to give poorer countries to help them adapt to climate change. REDD will likely be part of any global climate pact negotiated in Copenhagen. "Everyone has got a lot of hope in REDD," says Joe Heffernan, an expert in environmental markets...
...just deadly in Florida. Each month, about 400 pedestrians are fatally cut down by cars across the U.S. - "the equivalent of a jumbo jet crash," Goldberg notes - and 76,000 have been killed that way since 1994, one of the highest pedestrian-death rates in the world. The root cause is simple: the thoughtless sprawl of modern urban and suburban development has created too much high-speed space for cars and trucks, and too little of it for walkers, cyclists and the kind of public transit that reduces dependence on cars. "Dangerous by Design" finds, for example, that less than...
...sludge has huge implications for the area and Guatemala. The towns around Atitlan have become reliant on tourism. Scores of restaurants and hotels have opened. Generations of boatmen made a living by shuttling visitors across the lake. And armies of three-wheeled taxis, known as tuk-tuks, were imported from Asia to help move tourists around. Business is down significantly this year. Hotels say they have about half as many guests as usual. Tuktuk drivers report they barely make enough to pay for gas. Restaurant owners are considering giving up. The global recession may be a major factor...