Word: globalization
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...similar to Suleiman's. "I was terrified," she says. But once she started administering the tablets to her 2-year-old, he "came back to life," Traoré says. Some 3 million children have died of diarrhea since Suleiman did. Now donors and governments have a chance to end this global tragedy. Let's hope they...
...Gold is the one currency a central bank can't print," says Martin Murenbeeld, a veteran gold watcher who is chief economist for Canadian money-management firm DundeeWealth. Gold's big attraction as a pillar of the global monetary system is that it isn't beholden to national politics. The downside is that its supply increases fitfully, with no regard for the state of the world economy. That's why John Maynard Keynes called the gold standard a "barbarous relic," and why you won't find anyone outside the goldbug fringe calling for a full return to the gold standard...
...international team of scientists has discovered more than 17,000 species living in the darkness some three miles beneath the surface of the world's oceans. The findings were inventoried as part of the upcoming global Census of Marine Life. Oceanographers say thousands more species are yet to be discovered...
...Clearly, Penguin is bullish about Chinese literature - good news if you think, as I do, that the country's growing global profile should be matched by greater awareness of its cultural offerings. But to me the best news of all is the recent publication, as a Penguin Classic, of The Real Story of Ah-Q and Other Tales of China. It's a work that has nothing to do with introducing an up-and-coming writer, but rather seeks to widen appreciation of the long-dead Lu Xun - the pen name of Zhou Shuren, who succumbed to tuberculosis...
...Mixed Blessings When China began its global investment push in the early part of this century, the flood of new money was welcomed, particularly in those parts of Asia, Africa and Latin America that felt abandoned by the West. China's promise not to politicize aid and investment by attaching pesky conditions like improved human rights pleased many governments. Between 2003 and 2008, Chinese direct investment overseas skyrocketed - rising from $75 million to $5.5 billion in Africa, 1 billion to $3.7 billion in Latin America and jumping from $1.5 billion to $43.5 billion in Asia. The People's Republic...