Word: fund
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Officials admit they do not have a handle on the full scope of the problem (a 1996 estimate from the International Monetary Fund said money-laundering accounts for 2%-5% of global GDP) but it's certainly many billions every year...
Taken at face value, the accord pledges demonstrate an international will to act on global warming and energy, even in the absence of a true international treaty. "All the major economies are off and running," says Keya Chatterjee, acting director of the U.S. World Wildlife Fund's climate-change program. (See the World Future Energy Summit...
...it’s hard to get in, but once you get in it’s a piece of cake. Harvard is a branded education. It’s like wearing Cartier. Harvard kids go to the Harvard Club, then they’re part of the alumni fund, and they love seeing other Harvard people. It’s like having twelve Louis Vuitton steamer trunks and seeing someone else with the same thing. It’s the brand-brand-diggity brand...
...living in California, she voted for Gray Davis, a Democrat, for governor. Now she paints signs and has a website, angryrightwinghousewife.com. Hoelscher, a mother of three, says, "Obama and the Democrats have not addressed the economy at all." She believes the stimulus bill was nothing but a "slush fund." But she is also offended by Republicans and says she will work for Republican challenger J.D. Hayworth against incumbent Senator John McCain, who she says has been unresponsive to the "illegal immigration [that] is destroying the job market." (See pictures of last year's Tea Party protests...
...however, be taken by many as a portent. The Afghan strategy now being pursued by NATO and its regional partners is predicated on the goal of achieving a political solution, and reconciliation with many of those currently fighting under the Taliban banner. The London conference roundly endorsed a reconciliation fund aimed at wooing Taliban fighters to cross sides, while Pakistan and other regional players are pressing for some form of power-sharing deal to be negotiated with the movement's leaders if they cut ties with al-Qaeda. Such talk has Afghan women fearing that their own hard-won freedoms...