Word: buildings
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Dates: during 2000-2009
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...View from Main Street Re your story on Wall Street [Nov. 9]: Professionals who build bridges, buildings and even houses must be licensed, to encourage adherence to stringent technical, legal and ethical standards. Ignoring the rules can result in losing one's job. Why? Because if these things are constructed poorly, people will get hurt. Since Wall Street is in the business of "engineering" markets in order to make the greatest possible amount of money, why shouldn't they be licensed and held to similar standards? Mark Revis, MORENO VALLEY, CALIF...
...Brazilian state of Mato Grosso to stop them destroying the forest for agriculture. But with 120,000 households around Ulu Masen, even a multimillion-dollar sale of carbon credits might amount to only $100 to $200 a year per family, estimates Linkie. The money might be better pooled to build schools, bridges or other projects that would benefit the entire community. However it is distributed, a very clear message must be sent to the local communities, says Linkie: "You're getting this [money] because you're not cutting down the forest...
...Europe dropped sharply, making it no longer profitable for Russia to buy fuel in Turkmenistan and resell it to Europe. Then, mysteriously, the pipeline that delivers gas from Turkmenistan to Russia blew up. Turkmen officials blamed Russia, claiming it had shut the valve on its end, causing pressure to build up and the pipeline to burst, in order to avoid honoring its gas contracts. Moscow strongly denied responsibility. The cost to Turkmenistan in lost gas revenues has been a staggering $1 billion per month. (Read: "Europe Tries to Break Its Russian Gas Habit...
...golden opportunity. The Middle East didn't waste time, stepping in with loans and development projects - or as one Western observer put it, "a rain of dollars." In June, the Islamic Development Bank - a lender in which Saudi Arabia, Libya and Iran hold the three largest stakes - agreed to build a railroad connecting Turkmenistan and Iran, the first direct rail link between the Islamic Republic and Central Asia. "As of today, our relations with the Islamic bank have really been activated," Tuvakmammed Japarov, the country's deputy prime minister for the economy, tells TIME. In December, he adds, Turkmenistan will...
...Europe has also had its eyes on Turkmenistan's gas as a way of lessening its dependence on Russian fuel. But a plan by several European countries to build a natural gas pipeline through southeastern Europe and Turkey has been delayed for years by wrangling over financing and the route. The Nabucco pipeline, as it's known, will eventually link up with another planned pipeline connecting Turkmenistan and Azerbaijan beneath the Caspian Sea. But, at the current pace, construction may not be completed for years. (Read: "Why Europe Can't Abandon Russian...