Word: popularizer
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While the popular perception of illegal insider trading may be clear-cut - say, a pharmaceutical executive selling stock right before the FDA fails to approve a new drug - the law is substantially less black and white. In 1934 Congress passed the Securities Exchange Act but didn't specifically address the topic of insider trading; it was only in the 1960s that the SEC began to bring cases under the law's antifraud statutes. Toward the end of that decade, courts codified the SEC's actions in case law, locking down the idea that everyone in the marketplace should get roughly...
...Most of these volunteers toil quietly. JOCV lacks the global aura of the U.S. Peace Corps. Karaoke may be popular in the developing world, but Japan's aid workers need to amp up the volume of their p.r. if locals are to recognize the source of all the largesse. Sadako Ogata, the former U.N. High Commissioner of Refugees, now oversees the Japan International Cooperation Agency, which, after a massive reorganization this year, has become the world's largest bilateral development agency, with more than $10 billion at its disposal. Up next on the tireless 81-year-old's agenda...
...billion more than the U.S. has devoted to post-Katrina work. By early July three-quarters of the Sichuan homeless had been moved into prefabricated shelters, with all the displaced promised permanent housing by 2010. Much of the recovery effort is expressed in the vocabulary of Chinese socialism - a popular government slogan printed on giant red banners reads "Sweat Today for a Beautiful Home Tomorrow." The exhortation echoes China's 30-year economic expansion, which lifted millions of peasants out of poverty. But it also carries with it an implied coda: earthquake survivors can expect a better future, as long...
...spend $176 billion on rebuilding over the next three years. By early July, three-quarters of the Sichuan homeless had been moved into prefabricated shelters, with all the displaced promised permanent housing by 2010. Much of the recovery effort is expressed in the vocabulary of Chinese socialism; a popular government slogan printed on giant red banners reads SWEAT TODAY FOR A BEAUTIFUL HOME TOMORROW. The exhortation echoes China's long economic expansion, which lifted millions out of poverty. But it also carries with it a coda: earthquake survivors can expect a better future, as long as they don't delve...
...wake of disaster, the need to move on is natural. But in the mountains of Sichuan, the impulse to look forward is also a political decision. Too open an examination of the collapsed schools would expose deep flaws in regional governance and could unleash a flood of popular discontent. Yet even among those who are pushing ahead, the memories of the horror are unshakable. Here are four survivors' stories...