Word: globalization
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...Thursday's meeting in Doha, though, delegates from Libya quickly put a stop to that momentum. "Let's just say they were very impassioned," says Glenn Sant, global marine program leader for Traffic, a U.K.-based organization that monitors international trade in wildlife. "We had expected the proposal to go to a working group for extended debate, but Libya called for a vote immediately...
...that is the real nub: America isn't investing enough in its future. We are failing to mobilize resources to improve our health care and infrastructure and stay competitive in a global economy that is more clamorous than ever. Focusing on how much we owe won't help us meet our real challenges. America's problem isn't large clothing; it's a body politic that is sliding into dangerous habits. Obsessing about the debt is a distraction we can't afford...
...surprise us. On Feb. 26, a team of French and Australian scientists reported news of a huge iceberg's collision with the Mertz Glacier on the eastern coast of Antarctica. A chunk of sea ice approximately the size of Luxembourg was gouged out. Owing in part to warming global temperatures, Antarctica is losing ice all the time--about 24 cu. mi. (100 cu km) worth each year--a development that is slowly but steadily raising global sea levels, and scientists worry that climate change could suddenly accelerate that vast melting. But the models indicate that ice loss should be happening...
...much as 40%. Trade is a key component of economic growth for China, the world's largest exporter, and the government is wary of any sort of collapse that could contribute to unemployment. Efforts to boost exports, including the currency peg, helped Chinese manufacturers weather the worst of the global downturn last year and grab more market share from some competitors. Last month, Chinese exports grew 45.7% over February 2009, up from a 21% increase for January...
...trade looms even larger as a source of tension between the two sides. Last year, China's economy expanded at a robust 8.7% despite the global downturn. As the U.S. and other nations struggle to resume growth and reduce high unemployment, they are eyeing China's performance with both envy and agitation. In April, the U.S. Treasury Department will be required by law to declare whether China manipulates its currency - an announcement that could fuel calls in Congress for retaliatory measures against the nation...