Word: fractionalized
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...work of a number of prominent environmental groups, including Greenpeace. They feared that avoided deforestation schemes could flood the trading market with countless cheap carbon credits; after all, there are an estimated 638 billion tons of carbon locked in the world's forests. If even a fraction of those credits are put on the market, it could let developed countries off the hook when it comes to making the hard changes in industry and energy use needed to really dent carbon emissions...
Acho's four or five fights each season are but a small fraction of the estimated 500 staged annually throughout Peru. Many of the smaller plazas are much more hands-on, with spectators jumping the barricades to get a brief shot at playing matador. Spectator involvement may be one reason why these smaller rural arenas were spared the downturn suffered by Acho. Another reason is the price. Staging the bullfights at Acho costs hundreds of thousands of dollars, which is why the price of seats even in the less expensive sunny side of the arena is $50. By contrast...
Only a small fraction of that deficit can be addressed by upcoming plans to adjust administrative hiring, the dean said, necessitating the closer look at departmental expenses...
...mural. When it was located in September 2003 in a warehouse outside Mexico City, its surfaces deeply cracked from exposure, she made the recovery, restoration and return to Japan of Myth of Tomorrow her last project as director of the Taro Okamoto Memorial Museum. She paid a fraction of the millions of dollars for the painting that Hirano says were spent transporting and restoring it. When it came to bringing it home, he says he and Toshiko explored every possibility of transporting the mural intact, but "even the pros couldn't do it ... I threw up my hands." Eventually they...
With speculators' positions massively leveraged, holding only a fraction of the value of the oil they had purchased, they scrambled to cover losses. Not only did oil prices go down, but other assets also declined significantly. The further oil prices went down, the more deleveraging and liquidation had to occur to cover these losses. The financial crisis was the spark; deleveraging, the fuel. A chain reaction occurred as traders who had bought oil saw their money disappear in oil and other losing investments. And with a credit crisis looming, major players interested in maintaining a long position could not raise...