Word: exports
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Dates: during 2000-2009
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...third panelist was Summers, who as chief economist of the World Bank signed his name to an infamous memo encouraging developed countries to export polluting industries to the third world. But more than a decade later, the University president was steadfast in calling for a solution to the problem of greenhouse gas emissions...
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...coat of arms: to lead is to serve. Instead of grounding a diverse nation, Parliament and executive governments have been the epicenter of corruption. Criminal behavior, dressed up as traditional kastom, has become entrenched. Logging licenses have been sold for a song, government figures have taken bribes to waive export duties. "These deals are not sophisticated at all. They're sealed with a cash payment," says a ramsi official. As well, there's the Rural Community Development Fund. In exchange for diplomatic recognition by the Solomons government, Taipei provides each of the country's 50 M.P.s with a slush fund...
...Gold Ridge gold mine, which closed down in 2000. One of ramsi's economic priorities is to revive the lucrative mine; another dormant project, a palm oil plantation, is closer to reality after a deal with a Papua New Guinean company. So tiny are the country's export industries that even these two mid-sized ventures will make a huge difference...
...more attractive. There are production challenges: many of the reserves are located in remote locations deep in Siberia or above the Arctic Circle. Russia's Minister for Natural Resources, Yuri Trutnev, has cautioned that extracting Russian oil will become increasingly difficult. Nonetheless, the Western oil companies are eager to export Russia's reserves, which are conservatively estimated at 70 billion bbl. - more than double those...