Word: flowing
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...people--about the same population as New York City--as key to securing energy supplies at a time when China and the rest of Asia are competing for new sources. The Caspian, which is largely unexplored, probably accounts for 7% of the world's oil reserves, and the oil flowing through the new West-bound pipeline still represents a mere 1% of global supply. But ultimately some of the gas from Khazakstan and Turkmenistan's much larger natural-gas fields across the Caspian from Baku could flow through BP's pipelines, turning to the West rather than to Asia...
...last decade, some 10% of the Bulgarian population has departed. Will you take any measures to stop the flow? I am sure that, with the opening up of the European labor markets, there will be increased interest among Bulgarians to leave, specifically nurses, doctors and some other specialized fields. But at the same time, there is an increased interest from Bulgarians who left the country years ago and are planning to come back...
...Equally thorny is the status of the giant oil fields around Kirkuk, whose capacity is about 700,000 barrels a day, and which the Kurds claim as their own. Under the new law those revenues - like those from elsewhere - will flow into a new national Oil Fund and then be carved up among each region in proportion to its population. Since only the Kurds in the north and the Shi'ites in the south produce oil, that ensures Sunni areas around central Iraq - coyly termed "non-producing provinces" in the law - aren't left out of the deal, potentially deepening...
...problem with not meeting our obligations to veterans—a lot of unhappy veterans,” she said. “You will have more veterans who will fall through the cracks in one way or another.” —Staff writer Christian B. Flow can be reached at cflow@fas.harvard.edu...
...times is liquidity. Thanks to global integration and financial innovation, higher short-term interest rates have not translated into monetary tightening. On the contrary, the world economy has been swimming in credit of every conceivable kind. Money-supply figures for the U.S. understate the phenomenon because billions of dollars flow abroad every month to finance the American trade deficit. The world's central banks control about $5 trillion of reserves. This in turn has raised monetary growth rates. The total value of commercial-bank assets worldwide is close to $56 trillion, and bank loans are only one of the many...