Word: aid
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Improved security has enabled Britain's aid ministry to push ahead with infrastructure improvements and plans to woo foreign investors. Michael Wareing, head of the Basra Development Commission, reports that "about $9 billion" of proposed foreign investment is on the table, with just half of that interested in Basra's oil and gas industry. "There really is a significant spread, and it's increasing as the security improves," Wareing says...
...taxpayers around the world are spending trillions of dollars to fix the problem. This chain of events has, understandably, focused big-time scrutiny on financial-sector compensation. President Barack Obama plans to limit cash pay to $500,000 for the top five executives of firms that take more aid from the government, and the stimulus legislation he signed into law on Feb. 17 sharply restricts bonuses for the 25 highest-paid employees of any company that has taken bailout money. While Wall Street is unhappy about these measures, its bosses agree (publicly, at least) that they must do a better...
Agriculture, rural aid and FDA $26.4 billion...
Interior Department and environmental aid $10.5 billion...
...children are among thousands of Tamils who have fled their homes in the past 12 months, as the Sri Lankan army has surged toward the end of a 25-year war against an armed separatist movement, the Liberation Tigers of Tamil Eelam (LTTE). Government officials and the aid agencies that help maintain the camp where these children live call them "internally displaced persons" (IDPs...