Word: clayed
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...happier than it is governments and politicians. At a G-7 meeting of finance ministers held in Washington in October, SWFs were a major topic of discussion, partly owing to concern about their potential impact on markets. SWF "investment policies, minor comments or rumors could spark volatility," said Clay Lowery, assistant secretary for international affairs at the U.S. Treasury Department, in a speech last summer. "It is hard to dismiss entirely the possibility of unseen, imprudent risk management with broader consequences." Even presidential candidate Hillary Clinton weighed in recently, saying in a Financial Times interview that SWFs pose a potential...
...also participated in the lighting ceremony. At the end of the lighting, the group broke out into a Hebrew song. And when a member of the crowd requested a song in English, the revelry continued with, “I had a little dreidel, I made it out of clay.” Friday’s ceremony represents a significant shift from Harvard’s earlier years, when it limited the number of Jewish students admitted to the University. In 1922, then-President A. Lawrence Lowell, Class of 1877, proposed to cap the number of Jewish students...
...receiving end of such largesse remain wary. At a G-7 meeting of finance ministers held in Washington in October, SWFs were a major topic of discussion, partly due to concern about their potential impact on markets. SWF "investment policies, minor comments or rumors could spark volatility," said Clay Lowery, assistant secretary for international affairs in the U.S. Treasury Department, in a speech last summer. "It is hard to dismiss entirely the possibility of unseen, imprudent risk management with broader consequences." Even U.S. presidential candidate Hillary Clinton weighed in recently, saying in a Financial Times interview SWFs pose a potential...
...depressed southwestern English county of Cornwall--with the world's biggest greenhouses as its centerpiece. All he needed was the money. Smit turned to private funders and gave them a professional pitch. "I told them, 'We are going to build the Eighth Wonder of the World in a clay pit west of Cornwall, it's going to be wonderful, and you'll want to be a part of it,'" he says. "'Also, we have no business plan.'" Amazingly, the line worked. Smit scraped together more than $100 million, and after a final construction season pummeled by 134 straight days...
...boring, and it didn't go bust. The park has pulled in more than 9 million visitors since it opened, and it's still one of Britain's top attractions, more popular than the Tower of London. It helps that Eden is visually stunning. Visitors descend into the former clay hole, now landscaped and studded with native vegetation, to arrive at the main attraction: two honeycombed domes, shaped like grapefruit halves, bubbling up from the base. These are the biomes, giant greenhouses that shelter the flora and mimic the climate of tropical rain forests and Mediterranean farms. Enter the humid...