Word: cleanup
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...winds reached 204 km/h and 89 cm of rain fell. Thousands of people were made homeless. At least 26,000 homes were flooded in Kangwon province. The total damage caused by Rusa is estimated at $3.5 billion, four times that of 1999's Olga. A government official said the cleanup would need twice as much money as is left for disaster relief in state coffers. Disease followed the destruction as an epidemic of conjunctivitis, an eye complaint, erupted...
...other hand, despite the recent cleanup efforts, the continuing adherence to secrecy leaves Switzerland vulnerable to the accusation that it has something to hide?a charge that makes the Swiss cringe. And despite a historic reflex dating back to William Tell to thumb their noses at the outside world, the Swiss realize they need to maintain good relations with the E.U., which completely surrounds them and accounts for about two-thirds of their trade. "It?s not in our long-term interest to profit from any loopholes," says Urs P. Roth, chief executive of the Swiss Bankers? Association, who nonetheless...
...world's major fisheries to commercial health by 2015 by reducing catches to a level that can be maintained indefinitely. Yet other progress was scant. The U.S. and the E.U. declined to discuss cutting their subsidies to agriculture. And they disagreed over targets for renewable energy, the cleanup of pollutants and the protection of endangered species. The Europeans want renewables to account for 15% of the world's total energy production by 2010; the Americans object to such deadlines, preferring partnerships with industry, environmental groups and local governments. But the U.S. did promise to spend $1 billion to relieve poverty...
Taxing Times In Germany Just one month before the German election, Chancellor Gerhard Schr?der said he would drop January's personal tax cuts, and perhaps raise corporate taxes from 25% to 26.5% to pay for flood relief. But there is good news: the cleanup should boost Germany's troubled construction industry...
...First, there was that briefing to the Defense Policy Board that characterized Saudi Arabia as a terror-supporting enemy of the U.S. whose oil fields may have to be seized. Defense Secretary Rumsfeld tried to play cleanup, saying simply that "Saudi Arabia is like any other country - it has a broad spectrum of activities and things, some of which ... we agree with and some that we may not." He also pointed out that the Defense Policy Board is not an official body - true, but it is a policy advisory group appointed by the Defense Secretary himself, and is visibly influential...