Word: holdings
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...ratings agencies begin to downgrade the debt of several Eastern European nations, the concern has emerged that Ukraine, Lithuania, and Romania may have trouble with that debt obligations. The IMF says it is not worried about defaults, but it does not hold large amounts of the notes issued by these countries to fund their budgets, which have begun to post substantial deficits...
...Meanwhile the increase in annual crop yields has begun to slow in much of the world - this, before global warming has really taken hold - even as population continues to grow, especially in the countries that have least been able to feed themselves. Given that it takes years or decades to breed new crop varieties, Fowler says we need to begin preparing now for the agricultural challenges of the future, using Svalbard's contents to build and breed new crops. "We've ignored the infrastructure of agriculture for too long," he says. "It's in our self-interest to fix this...
...telephone from home. Senate Finance Committee chairman Max Baucus, who has called health-care reform his top priority this year and is working hand-in-hand with Kennedy - Baucus' staff has often been in the room when stimulus negotiations allowed them the time - has said that he expects to hold hearings in the spring. By all accounts, the bill will go through the usual committee process in an effort to draw as much bipartisan support as possible. Democrats control the Senate with 58 votes - two votes short of preventing a Republican filibuster, so at least some GOP support must...
...protest is red. As bigwigs from the Association of Southeast Asian Nations (ASEAN) began gathering at a seaside resort near Bangkok on Feb. 26 for an annual summit, thousands of anti-government protesters wearing crimson shirts congregated at the Thai Prime Minister's office, demanding that Abhisit Vejjajiva hold elections soon. Thursday marked their third day of protest, and the red-hued demonstrators vowed not to cease until their demands for fresh polls were met. (See pictures of last year's protests...
...Nicaragua has its own folklore of blood-sucking monsters. From tales of the infamous chupacabras - the mythical alien, kangaroo, batdog that feeds on the blood of goats and chickens - to the lesser-known comelenguas, an unseen beast that feeds on the tongues of sleeping cattle, most Nicaraguan farmers can hold their own when it comes to telling vampire stories around a campfire. But, perhaps just like The X-Files, there could be an element of truth to some of the legends...