Word: planting
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Heag Mobilo, a public-transportation company in Darmstadt, financed its purchases of new street cars through a similar arrangement. The city of Stuttgart leased and rented back its drinking-water system. Bottrop, a city in the Ruhr industrial region, financed a sewage-treatment plant in the same fashion, and Ulm, a southern German city, did such a deal to pay for construction of a refuse incinerator...
...years ago, the Chinese called it their Going Out strategy. State-owned companies in key industries were encouraged by the government to plant the flag of Chinese capitalism around the world by purchasing stakes in foreign companies. China was flush with cash and full of optimism--naive optimism, it turned out. Beijing's fledgling sovereign wealth fund China Investment Corp. poured $3 billion into New York City--based private-equity firm Blackstone in return for a 10% stake in the company--just before the bottom fell out of U.S. debt and equity markets. That deal was followed...
...Travis pointed past the empty cul-de-sac toward a huge, silent box of a building. "That's where I worked," he said, "the plant with no smoke coming out of it." Even without a college degree, he had been making $24 an hour there, at the Boise Cascade paper mill, which was the town's largest employer. And then he was fired, along with most of the other employees, in January. Kristy had been running a home day-care center, but that income vanished when laid-off millworkers started taking care of their kids themselves. Douglas...
Instead of taking umbrage, Mullen took notes. In fact, he seemed close to excited as ideas flew around the table. It was not the normal fare for an admiral, but agriculture - specifically, how to get Afghan farmers to plant something other than opium poppies - is a central issue in this very complicated war. Mullen was thrilled to hear positive news about the relative merits of wheat and pomegranates, and the success of U.S. Army National Guard farmer-soldier teams, which were helping to plant and protect in remote Afghan districts. "There are possibilities here we couldn't imagine a year...
...Because it contains the hallucinogenic alkaloid dimethyltryptamine, or DMT, drinking ayahuasca in the U.S. is illegal. But traditional use of the plant potion is permitted in much of South America. Its mecca is the Peruvian city of Iquitos, which hosts the annual International Amazonian Shamanism Conference and is home to about a dozen lodges that cater to curious foreigners. At first, local residents feared that a flood of stoned beatniks would turn Iquitos into an unruly rain-forest Woodstock. "I thought they'd be from the hippie graveyard, with tattoos and sunken faces," says Gerald Mayeaux, a Houston native...