Word: bankes
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Dates: during 2000-2009
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...technology to the developing world, and also give emerging economies like India and China a financial incentive to start cleaning up their dirty industries. In mid-2005 the global carbon market sprang to life and three years later had grown twelve-fold to $126 billion, according to the World Bank. "In terms of total investment it's been a remarkable success," says Henry Derwent, President and CEO of the Geneva-based International Emissions Trading Association(IETA). "It's done exactly what was expected...
...Bloom ’12, the assistant financial manager for the Harvard-Radcliffe Orchestra, entered the bank just after the man left. She was the only customer in the lobby when she entered the bank, and she was depositing a large sum of money at the counter when she noticed the teller who was counting her money drastically slowing down. Bloom said she saw that her teller was distracted by another teller’s facial expression...
Moments later HUPD entered and closed the doors to the bank, not allowing the few customers who had just trickled in to leave, and not admitting new customers. While the police took down names, the bank continued to complete transactions...
Bloom said the atmosphere in the bank during the entire incident was rather quiet—aside from the flustered teller, no other parties seemed emotionally disturbed or concerned...
...question remains, if the central bank in Abu Dhabi decides it no longer wants to help out its construction-crazed, oil-bereft dependent, what assets would Dubai be able to offer up to the foreign banks who are owed billions? (Read about the Dubai debacle and the world financial crisis...