Word: markets
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Dates: during 2000-2009
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...CSAT holds a singularly sacred place in Korean culture. On the day of the national exam, many businesses and the stock market open late in order to keep the roads clear for students driving to their testing locations. Airplanes are prohibited from landing or taking off from Korean airports during the listening section. Korea’s temples and churches are filled with praying parents...
...point of all this pretty, community-printed currency? Money spent at locally owned companies tends to create more business for local suppliers, accountants, etc. The New Economics Foundation (NEF), a London think tank, compared the effects of purchasing produce at a supermarket and at a farmer's market and found that twice the money stayed in a community when folks bought locally. A study of Grand Rapids, Mich., released last fall by consulting firm Civic Economics, concluded that a 10% shift in market share from chain stores to independents would yield 1,600 new jobs and pump $137 million into...
...industry expects similar language to be included in any upcoming Senate health-reform bill as well. Doctor-owned specialty hospitals would "wither on the vine," says Molly Sandvig, executive director of the industry lobbying group Physician Hospitals of America. "Any business that can't grow or adjust to the market won't be around too long...
...every year. But Nabucco could break Russia's stranglehold over countries that are most dependent on its gas and most vulnerable during winter cutoffs, such as Bulgaria, Slovakia and Romania. That dependence has also long undermined the E.U.'s efforts to create a common market for European energy, with transparent pricing and a single negotiating stance with suppliers like Russia...
...face other challenges, says Tomas Valasek, director of foreign policy at the London-based Centre for European Reform. "Nabucco is only part of the puzzle to improve Europe's energy security," he says. "It also needs to reduce its overall consumption, improve its efficiency, create a fully liberalized energy market and speak as one voice when it deals with Moscow." With so much to do before the E.U. can secure its own energy future, odds are it will continue to rely on Russian gas for many years to come...