Word: funds
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...Unemployment remains a serious global issue, and may yet get worse; excess capacity left over from the boom years haunts the recovery; and the drastic stimulus programs utilized to fight the recession are creating a new menu of potential troubles. Dominique Strauss-Kahn, managing director of the International Monetary Fund, said in an address in London in late November that "the storm has passed" but "the global economy remains very much in a holding pattern - stable, and getting better, but still highly vulnerable." He added: "There is a lot of uncertainty in the air." (See 25 people to blame...
...shrinks further each year. REDD could save them, said a recent study of Kalimantan by researchers from the University of Queensland in Australia. They believe that the revenues generated by preserving a forest could not only compete with the profits of cutting it down for palm oil but also fund biodiversity projects to put the brakes on species extinction. REDD could "fundamentally change conservation [in tropical countries] and provide benefits for mammals at a scale we've never seen before," writes its lead author Oscar Venter. If REDD's champions seem almost religious in their support, it is partly because...
...time progressed, there was little sign of preparations for those elections. Then came the bloodshed at the stadium. And in October, the junta announced a massive deal with a group called the China Investment Fund (CIF), which promised to fund $7 to $9 billion worth of infrastructure projects in Guinea in exchange for bauxite and iron mining concessions. (Guinea has some of the world's largest bauxite deposits.) Idrissa Cherif, Camara's spokesman, says the first batch of Chinese money has now arrived and will be spent on "electricity, water, roads and the like." (See life on the Streets...
...education in their own states. It may seem unfair for out-of-state students to be penalized for the mistakes of California, but the UC system should primarily serve residents of California, many of whom do not have access to out-of-state educational opportunities and whose tax dollars fund the University of California campuses...
...while University officials maintain that Harvard is “in no way responsible for any increased rodent activity,” the University agreed to fund the trash receptacles as “part of [its] larger partnership with the city and the neighborhood,” said Kevin A. McCluskey ’76, Harvard’s senior director of community relations for Boston...