Word: downstreams
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...Dubal project is a template for the kind of investment Saudi Arabia wants to attract: it will be 100% foreign-owned and will probably generate several downstream businesses. The ownership is crucial; in the past, the only way foreign companies could operate in the kingdom was through joint ventures and local agents--many of whom brought no skills and little capital to the partnership. With that barrier gone, al-Dabbagh hopes investors will pour in: he expects the new cities to generate more than $100 billion in foreign investment. Saudi businesses may kick in two or three times as much...
River of Gold To see how finance has reshaped the British capital, take a trip to Greenwich, about 3 1⁄2 miles (6 km) downstream from Tower Bridge and home to the Royal Observatory, which dates back to 1675. It's the birthplace of Greenwich Mean Time, but for years the area was as well known for its mean streets: 19 Greenwich neighborhoods rank among the most deprived in England. Since 2001, the local council has pursued a major state-funded regeneration program aimed at cutting crime and unemployment, and improving the decaying public housing stock. But these days...
...Leader was alive and astoundingly healthy: On a day in July, the Chairman appeared in his bathrobe on the riverbanks in Wuhan, accompanied by 5,000 young people. He was photographed smiling and waving; the Party-controlled press reported that he swam nearly nine miles downstream, in a little over an hour - which is doubtful...
...Afghans once had in their government. "Russia came here with 150 thousand troops, and you know what happened," says businessman Mohammad Akbar Bhai. "Even if you bring one million troops in Afghanistan, the West cannot win. What we need is honest government. If a river starts in mud, everything downstream will be dirty...
...smallest towns, Chelsea (pop. 276), were inundated. On Friday the 13th, downtown Des Moines was under voluntary evacuation. The surge was both overwhelming and fickle. Neighbors on high ground saw friends next door lose cars to a furious downpour. The massive tide is sweeping through Illinois, Missouri and points downstream, raising questions about the adequacy of the levee system designed to guard against flooding. In Iowa the cost mounts: 20% of the corn crop has drowned, 38,000 people have been displaced, and Cedar Rapids alone may need $1 billion to recover...