Word: localitis
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...Ariel Community Academy, financial education starts in kindergarten with books like A Chair for My Mother (the moral: if you want to buy something, save money first) and quickly becomes hands-on. Each entering class at Ariel - a K-8 public school that has partnered with a local money-management firm since the mid-1990s - is entrusted with a $20,000 investment portfolio, and by seventh grade, kids are deciding what to buy and sell (profits help pay for college). Last year, for the first time, the eighth-grade class graduated with less than the original $20,000. Talk about...
...What They're Catching in Kenya: Apparently there's an upside to living near pirate-infested waters: good fishing. In recent years, the illegal commercial trawlers that would loot the oceans off the Somalian coastline have stayed away due to the threat of hijacking. That's leaving local fishermen in Somalia and northern Kenya with outsize catches--red snapper, barracuda and oranda have all reportedly returned in large numbers--and, as a result, higher incomes and a better quality of life...
...community members originally hoped to pass two proposals that had been prepared by a 13-member committee following the Dec. 12 session—the first recent city-wide discussion on how residents and local businesses can adopt more environmentally friendly practices...
...possible, in other words, but direct competition can be deadly. That's a lesson Southeast Asia's companies are braced to learn as Chinese manufacturers loom ever larger on their doorstep, unfettered by the duties and tariffs that before Jan. 1, when the free-trade agreement kicked in, gave local businessmen a small measure of protection...
...prospect of such moves that the country's Trade Minister, Mari Pangestu, has notified the secretariat of ASEAN (Association of Southeast Asian Nations) that Jakarta wants to delay the inclusion of hundreds of domestically produced items like textiles, food products and electronics from the accord, fearing that local Indonesian industries could be swamped by cheap Chinese goods...