Word: investements
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...China's ravenous appetite for raw materials. But recently, wild fluctuations in commodity prices and friction over trade deals have increased tension between overseas iron-ore suppliers and China's steel producers. The arrests came weeks after the collapse of a bid by state-owned aluminum company Chinalco to invest $19.5 billion in Rio Tinto; the timing has prompted some observers to suggest that the charges are retaliatory...
...government's defense, the stimulus bill has directed further billions toward clean energy, and the new levels of funding will be higher than anything the industry has ever known. But other nations, especially in Asia, are still beating us. China is reportedly investing up to $660 billion over the next decade in clean energy and research. South Korea is planning to invest close to 2% of its GDP each year, or about $85 billion over five years, in clean tech. And Japan is aiming for a twentyfold expansion in installed solar by 2020. Meanwhile executives in American clean-energy companies...
...Since taking office in 2008, Ma has been clearing these hurdles away. The two sides have opened the "three links" - direct air, sea and mail connections - while Ma's administration in June permitted Chinese firms to invest in a wide range of Taiwan industries for the first time. Now Ma wants to forge a "comprehensive economic framework" with Beijing that would give Taiwan companies easier access to the China market. San, the deputy minister, believes Taiwan's shared culture and language give its businessmen an advantage in China that could make a partnership between the two especially powerful. Taiwan...
...Robert J. Alpern, dean of the Yale School of Medicine, said in an interview that he was willing to "invest heavily" in building his neurology department despite the school's slumping endowment. He said that Harvard, with a larger endowment but similar financial difficulties, may be focusing on other priorities...
...Italian boot, is today considered the most powerful organized-crime syndicate in Italy, surpassing the legendary Sicilian Mafia after having taken over much of the trafficking of South American cocaine into Europe. With billions in narcodollars, 'Ndrangheta is constantly on the lookout for ways to invest its ill-gotten cash in legitimate enterprises, explains Alberto Cisterna, a Rome-based magistrate who has long followed the Calabrian Mob. He says that high-profile urban centers are actually considered the best places for crooks to simultaneously hide their illicit wealth and evade taxes. "These criminal organizations see Rome and Milan as bona...