Word: deale
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...finally agreed to engage in the U.N.-led climate negotiations, but attempts at a deal that works for both Washington and China have met with repeated failures. The problem is clear: before it commits to reductions, the U.S. wants China to agree to limits - but the Chinese, who said this week they were ready to reduce the rate of growth of emissions by a "notable margin," rightly point out that Kyoto spares China and all developing nations from binding emissions-cuts targets unless they are compensated...
...talking about totalitarian regimes, where fear is the predominant mechanism for ensuring state control, but countries where citizens enjoy extensive private freedoms - to travel, to own property, to conduct their personal lives as they wish and, of course, to make and spend money. As part of their tacit deal with their government, people consciously agree not to cause trouble, nor to engage in excessive criticism of it.(See pictures of things money...
...Income's board for permission to increase the fund's limit on foreign bond holdings from its current 10%. And he has positive things to say about the inflation-indexed bonds that Treasury has issued since 1997, although he doesn't think they're a particularly good deal...
...still a small player in the $70 billion global coffee industry, dominated by leviathans like Nestlé and Kraft. Because producer countries reap only $5 billion of that $70 billion, Fair Trade can help growers get more of their share. "Fair Trade is still, and will remain, a better deal for farmers," says Bacon. But it can help only so much. "This isn't a condemnation of the Fair Trade model," says Peyser. "It's a fact of life." One that all coffee drinkers may have to swallow...
Irving Kristol did not coin the term neoconservative, but he was probably the only person fully happy to have it applied to him. In elegant essays published over half a century, Kristol argued the case for a pragmatic, empirical conservatism that could make its peace with the New Deal and the civil rights revolution...