Word: planetful
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...country has yet been explored. Some 120 companies have joined Libya's first open bidding process to dig for new oil in 15 areas; the bid results are expected at the end of this month. Oil companies regard Libya's crude as some of the best on the planet. Relatively thin, it is among the easiest to refine. And tankers leaving Libya need far less time to reach U.S. and European ports than those leaving the Persian Gulf. Given the turmoil in Iraq, and the fact that Washington is on chilly terms with Iran, many U.S. oil companies see Libya...
...enable many more to escape their poverty and their extreme vulnerability to natural disasters. Currently, our military spending outpaces our development aid by roughly 30 to 1. U.S. leadership in another battle, the fight against global poverty, would not only help restore the hope and confidence of a shaken planet but would also do much to promote the U.S.'s own long-term security as well...
...communication channels - and no evacuation protocols in place. Still, the technology exists to provide early warnings, but not to stave off the forces of nature. Indeed, while global warming had no part in Sunday's events, studies of climate change have nonetheless warned that in the decades ahead, the planet's oceans will produce increasingly volatile, and deadly weather patterns along the coastlines. Sunday's deadly waves offered a sharp reminder of just how vulnerable the tens of millions of people who make their lives and livelihoods along the earth's coastlines may be in the decades to come...
...Iraq policy, other Republicans said the President had to beat back the challenger's charge that Bush was out of touch. "We had to admit that we'd gotten some things wrong," said a senior Republican, "or we were beginning to look like we were living on another planet...
That is all good stuff, for now. But over the long haul, a banana-republic dollar could lead to inflation, higher interest rates and a recession likely to spill around the planet. In the past, the strong dollar allowed the U.S. government to borrow cheaply and attract investment in the safest currency on the globe. That helped finance the budget deficit, kept interest rates low and also allowed Americans, as individuals and collectively through their government, to spend way beyond their means. Foreigners are big buyers of mortgage securities, which make purchasing that McMansion more affordable. They hold nearly...