Word: banking
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...nuclear facilities, as well as acts of proliferation of nuclear know-how (including a suspected instance involving Syria). But the tide may turn in favor of the allies: after growing slightly for seven years, the North Korean economy contracted by 1.1% in 2006, according to South Korea's central bank, and a bad harvest has worsened chronic food shortages, say North Korea watchers. Lee has pledged to maintain humanitarian aid to the North. But if Pyongyang's plight continues to worsen, Lee's tourniquet on other potentially vital economic arteries could force the Kim regime to heel...
...United Nations' Human Development Index, which combines health and education data with per capita GDP to give a more complete view of the wealth of nations (the U.S. currently comes in 12th, while on per capita GDP alone, it ranks second). Stiglitz, a Columbia professor and former World Bank chief economist, advocates a "green net national product" that takes into account the depletion of natural resources. Also sure to come up in the French discussion is the currently fashionable idea of trying to include happiness in the equation...
...Iowa or New Mexico) but because it encompasses the incongruities of American society, from the bluest of blue-blooded aristocrats on Philadelphia's Main Line to the bluest of blue-collar guys in the bars of Aliquippa. It's urban; it's rural. It's the Mellon Bank; it's the United Mine Workers. It's Swarthmore; it's South Philly. It's Andy Warhol; it's Joe Paterno. In the Republic's early days, someone dubbed Pennsylvania the Keystone State because it was the place where North joined South. Today it is a psychic keystone. Pennsylvanians have supplied...
...Neill, for whom I worked half a dozen years, would have called Grandpop a "street-corner guy like myself." Tip took greatest joy in the days when he got a fellow Irishman a deserved promotion at a Cambridge bank by threatening to withdraw the church's charity money. The other day I was on the phone with Brady, and he told me about interrupting a phone call from one of the two Democratic presidential candidates to help save a guy's turnpike job. Same deal...
...downturn, prompted by unexpectedly high rates of home loan defaults, resulted in the collapse of the investment bank Bear Stearns. The Fed stepped in with a $30 billion credit line to help JPMorgan Chase acquire the beleaguered bank...