Word: progressively
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...equally safe to say that the large American banks are works in progress which are, in most ways, still dilapidated. Treasury Department analysts may not have the IQs of the PhDs who created mortgage-backed securities, but they did not do their detective work blindly when they insisted that bank balance sheets and loan portfolios needed close examination. It is also true that the private capital firms which plan to buy toxic assets using taxpayer money were not enticed into the new program based on an illusion. The banking system is still terribly weak and there is almost...
...attended by President Barack Obama's climate negotiators - to the palpable relief of the rest of the world that former President George W. Bush's much maligned team was gone - but on the big questions, including how to address carbon reduction in rich and poor countries, tangible progress remained elusive...
...Bonn meetings weren't totally devoid of progress. One of the main questions facing global-climate negotiators is what should be done about tropical deforestation, since the logging and burning of trees is responsible for a fifth or more of global carbon emissions. The current Kyoto Protocol doesn't address the issue, and many - though not all - environmentalists would like to add avoided deforestation to a new global climate deal, allowing rich countries to offset some of their carbon emissions by paying tropical nations to preserve their forests. Although the idea is a controversial one - Greenpeace released a report...
...year. “The global South expects more of the global North than they are willing to give,” added fellow panelist David Blackbourn, director of the Minda de Gunzberg Center for European Studies at Harvard. In addition, Moomaw stated that one hurdle to significant environmental progress comes from “scientific doubters” who believe that taking immediate steps to address climate change is unnecessary and potentially counterproductive without further knowledge. “But what they don’t understand,” Moomaw said, “is that learning...
...violence that included attacks on a police station and the burning of a building. "We're seeing the Indonesian voter demonstrating that it is a rational voter, shunning sectarian issues," says Robin Bush, country representative for the Asia Foundation. "This election was a clear statement that they want progress...