Word: expanding
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...sold a 5.8% stake in China Construction Bank for $7.3 billion. Bank of America has been so badly hurt by the U.S. financial crisis that it needs to raise billions of dollars to recapitalize. Meanwhile, Chinese banks are making money hand over fist as China's economy continues to expand. (Read "Bank of America Needs to Play Its Merrill Card...
...some time. Former powerhouses such as Bank of America and Citicorp have turned into shadows of their former selves as they shed assets and withdraw from foreign markets. Meanwhile, lenders in China and India that are little known outside their home countries now have the wherewithal to expand internationally. They have the potential to become the Citicorps of tomorrow. (See pictures of the global financial crisis...
...think that she definitely was trying to create a comfortable way to interact with students,” says Andrea R. Flores ’10, Undergraduate Council president. “I think she’ll also expand on the concept next year...
...Expand academic, peer, and counseling support: Harvard’s Bureau of Study Counsel would expand its wide array of counseling, workshops, discussions groups, and courses to address the needs of first-generation and low-income college goers. It would train its tutors, group leaders, and peer counselors about the unique academic, socio-economic, and institutional challenges the underrepresented students may experience...
These organic, local, and slow African food systems are also bad for the natural environment. Attempting to grow more food to keep pace with an increasing population, Africa’s farmers have shortened their fallow times, which exhausts soil nutrients. They also expand cropping and grazing onto more erodible lands, cutting more trees and destroying more wildlife habitat. Roughly 70 percent of all deforestation in Africa comes from this expansion of low-yield farming. It would be better if these farmers increased crop yields on land already cleared by applying some nitrogen fertilizer, but that would violate the mystical...