Word: costes
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...economic explosion has come at a high environmental cost. China's air and water are among the most polluted on earth and it is the leading emitter of greenhouse gases. The environmental nightmare is hurting public health. Malignant cancer now accounts for 28.5% of deaths while respiratory diseases account for 13.1%, according to the 2008 China Statistical Yearbook. China's growth has been dynamic, but it is also double-edged...
...cell phones charged and gas tanks at least three-quarters full, and exercise caution when driving through "small rivers." It's the sort of travel advisory you'd expect for negotiating an untamed wilderness, not a city of more than 12 million souls. Damage from a deadly 2007 flood cost Jakarta half a billion dollars - ironically, roughly the same cost as an unfinished project designed to prevent it. Nearly 15 miles (24 km) long, the East Flood Canal will one day drain the overflow from Jakarta's rivers into the sea. But when? The project was initiated in the 1970s...
...Andrew Mellon advised President Herbert Hoover. "It will purge the rottenness out of the system." This time around, after Lehman went under, no one at Treasury or the Fed talked that way. Instead, policymakers in the U.S. and overseas agreed that the panic had to be stopped at any cost. And it was, through a bailout that placed trillions of taxpayer dollars at risk. It was expensive, messy and unfair. It struck many people as un-American. But it worked. "I've abandoned free-market principles to save the free-market system" is how President George W. Bush described...
...Idea Bank is one more way we are trying to engage the entire FAS and Harvard College community as we all consider how to best advance our core mission of teaching and research in a more efficient and cost-effective manner,” the Web site reads...
...after years of experience in the throes of fiscal maelstroms, Kirwan said she understands that she often needs a light-hearted approach to the challenges of cost-cutting—namely, in the form of a stuffed Grinch doll that she sometimes brings to her office...