Word: billion
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Dates: during 2000-2009
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...economists believe the financial crisis has largely ended. Earnings at a number of large banks are rising again, and some smaller banks have been able to raise money on their own. Since the end of June, at least 15 small or regional banks have together raised more than $1 billion in stock offerings, without the assistance of the government, according to research firm SNL Financial. Some banks have already paid back the money they got from the government with interest. That's raised the question of why the Treasury's signature financial-assistance program is continuing...
...coal-fired power plants every week, China is a convenient scapegoat for American politicians who don't want to make the first move on climate change. But as Hu made clear in his Sept. 22 speech, China is serious about confronting climate change. The country spent an estimated $221 billion in economic stimulus on green initiatives, more than any other nation. At the U.N., in addition to promising to raise its renewable energy share to 15% by 2020, Hu pledged that China would cut its carbon emissions by a "notable margin" by 2020. "Out of a sense of responsibility...
...five years, Chile’s economy has been bolstered by a spike in copper prices. As copper accounts for roughly 16.4 percent of the nation’s GDP, according to the Central Bank of Chile, the government was able to accumulate a financial cushion of around $21 billion worth of savings in sovereign wealth funds and a similar amount in central bank reserves, the New York Times reported. Such financial policies allowed Chile to announce a $4 billion stimulus package this January and provide fellowship funding to Chilean students at several foreign universities, including Harvard. The new agreement...
...College administration renewed its commitment yesterday to begin physical renovations in the upperclassman Houses by 2012, despite University-wide budget cutbacks that have recently made the future of the sweeping $1 billion Capital Renewal project uncertain...
...University currently faces an unprecedented 30-percent loss in the value of its endowment. When the renovation plan was first announced in 2008, the endowment was valued at about $37 billion. The endowment is currently valued at $26 billion...