Word: china
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Dates: during 2000-2009
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...renewables like solar and wind, along with low-carbon sources like nuclear and even coal with carbon capture. That will require plenty of hard scientific research to bring down the price of renewables - they have to be competitive not just in the U.S., but in countries like India and China, which will emit the vast majority of new carbon emissions in the future. "This legislation will finally make clean energy the profitable energy," said President Obama before the bill's passage - but that doesn't seem to be the case...
Despite or perhaps because of this experience, China, which is known for making deals in unstable conditions and world pariah governments, may now have a leg up on Western oil firms. It has learned an important lesson: keep the locals happy. Says Kamel Al-Rafii, 64, a former economics professor at the University of Wasit: "I imagine that the Chinese company will succeed in the courageous step in the exploration of Ahdab and this will encourage other foreign companies to follow their example." Indeed, none of the companies on tap for the bids at the end of the month show...
...Asia heightened this week after Pyongyang threatened "a fire shower of nuclear retaliation" if the U.S. or its allies in the region attempted any provocative action when trying to curb North Korea's missile program. Even those with historically warmer ties to the pariah state, such as Russia and China, have bristled at Pyongyang's latest moves. Still, North Korea may not be without friends...
...pictures of China doing business in Africa...
...Lowdown: "It all started in Shanghai in 1909," the authors note of the dawn of narcotics regulation. And what a century it's been. What began as an opium epidemic in China has since become a global problem that includes heroin, cocaine, marijuana, amphetamines and a host of other illicit substances that compose a $320 billion-a-year industry, making drugs one of the most valuable commodities in the world. But despite arguments that legalizing drugs would destroy the organized-crime rings that currently control the market, the report argues that "mafia coffers are equally nourished by the trafficking...