Word: partnerships
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...virtually no commercial value in the high-margin markets of the global North. "Novartis could be making a lot more money making hypertension or diabetes medications that the people in the U.S. and Europe would buy," says Awa Coll-Seck, executive director of Roll Back Malaria, a global partnership founded with the goal of halving the world's malaria cases by 2010. "Instead, it's investing real funds in finding medicines that will never be profitable." (See pictures of people fighting Malaria...
...large number of such bonds--amounting to hundreds of billions of dollars, perhaps trillions--are worth far less than their stated, or par, value. How much less is central to resolving the financial crisis. In early February, Treasury Secretary Timothy Geithner said he wanted to start a public-private partnership to buy up toxic assets. Banks hold tens of billions of dollars in mortgage bonds, and as the bonds fell in value or were wiped out completely, they erased precious capital the banks need to survive. Geithner and others believe that rescuing banks from these bonds will save them...
...least since the founding of the Fed, our banking system has been a public-private partnership. Apart from a few on the libertarian right who think we'd be better off with no government involvement in banking and an even smaller group on the socialist left who would like to see complete government control of the financial system, almost everyone seems to be in favor of continuing that partnership. What confronts us at the moment is not so much a philosophical debate over nationalization as a practical discussion about how best to put the banking system back on its feet...
...That's why the President asked us to establish a court. And what happened was kind of a grand experiment. We're different from what happened in Rwanda or Yugoslavia. We are in-country. We are a partnership between the country and the U.N. Except for Taylor, all the trials are being held at the scene of the crime. The judges and the court staff are mixed between international and Sierra Leonean. And we keep people informed of what's going on. Surveys show 90% of the country is aware of what's happening at the court...
...believe it's in the interests of the United States politically and economically to forge a strong partnership with China...If the Chinese can't buy U.S. products, they'll buy them from European countries and then develop stronger economic ties with France and Germany and perhaps side more with those countries when international issues flare up." - on how free trade can help strengthen global relationships, The Seattle Times, Sept...