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...terms of overall lending, project financing is a small part of most banks' operations - between 5% and 10% for HSBC, for example - but environmentally and socially sound lending can have a huge long-term impact. Underwriters such as Citigroup point to the World Bank-backed pipeline running from Chad's oil fields through Cameroon to the Atlantic. Extensive environmental impact assessments were carried out before work got the green light, and oil companies like ExxonMobil have provided compensation and health care to locals whose lives and livelihoods have been disrupted by the development. A trust fund, designed to give...

Author: /time Magazine | Title: Taking The Earth Into Account | 5/1/2005 | See Source »

...Since getting back on its feet, Orascom has jettisoned its activities in some markets, including Chad and Ivory Coast, and concentrated its efforts on a handful of key nations. Top of the list is Algeria, where it has over 70% of the market. But the firm also has 5 million customers in Pakistan. Last year, the company generated over $1 billion in earnings before interest, dividends and amortization - more than double the total for 2003. Sawiris still sees plenty of opportunity to grow his business in the Middle East, but these days his appetite seems bigger. The Wind deal involves...

Author: /time Magazine | Title: East Meets West | 4/24/2005 | See Source »

...Chad can point to fewer hopeful signs. Some 2 million people, or about 40% of the population, have been affected by the famine. A lack of roads has kept food-distribution rates well below the minimum needs of many victims. Meanwhile, a war between the government of President Hissenč Habré and Libyan-backed rebels has disrupted planting throughout the country. The 1985 grain harvest will be off about 300,000 tons...

Author: /time Magazine | Title: Famine: A Deluge of New Trouble | 4/12/2005 | See Source »

...carb potato has arrived. Developed by a Dutch seed company, the smooth yellow tuber has 30% fewer carbohydrates and 25% fewer calories than the average Russet Burbank. It's also moister and better tasting, says Chad Hutchinson, a potato expert and assistant professor of horticultural science at the University of Florida. Each year Hutchinson tests some 400 new varieties of spud for Florida farmers but finds, he says, "only a few we get really excited about." This creamy variety, named SunLite, "has risen to the top," says Hutchinson. SunFresh, a Florida growers cooperative, will market the lower-carb potato...

Author: /time Magazine | Title: The Year In Medicine From A To Z | 12/17/2004 | See Source »

...amazed when I found out Harvard didn’t have a SCUBA club,” says Chad T. Volpe ’07, now president of the club...

Author: By Samuel C. Scott, CONTRIBUTING | Title: “SCUBA Diving is Serious.” | 12/9/2004 | See Source »

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