Word: regionalization
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...second part of Lesar's announcement: Halliburton stock will be listed on one of the Middle East's stock exchanges. Most analysts believe it will be the Dubai Financial Market. That, says Jaffe, will enable the company to gain access to the vast amount of capital in the region. It also serves a wider purpose: giving regional investors a stake in the stability of global companies. When nationally owned oil companies have been listed on various exchanges, Jaffe says, it has generally led to greater transparency within those companies and motivation to avoid volatility and disruption in geopolitical affairs...
...Back in 1995, when the first Antarctica Marathon was run, there was no Lonely Planet guide to the continent. But over the past decade, tourism to the region has trebled, according to the International Association of Antarctic Tour Operators. The marathoners aren't the only adventurous souls holidaying in the Antarctic summer. A geophysicist who leads a tour at Vernadsky, a Ukrainian station visited by the runners two days after their race, says his base receives a ship just about every day this time of year. Data from this research outpost (operated, at the time, by the British) helped scientists...
...Antarctic travel boom is due, in part, to improved technology that makes the region less remote. On race day, event sponsor Capella University, an online college based in Minnesota, beams back live video footage via satellite. But another reason is less tangible. There is, it seems, a growing romance with the untouched continent, the site of many - if not most - of the world's last truly pristine landscapes. International treaties preserve Antarctica for scientific research and tourism. And, unlike the Arctic, the Antarctic has yet to see many drastic effects of climate change. Visitors can still see cliffs...
...with politicians who are dividing people for their own ends, and that the populace is less divided than Galbraith claimed. “We are all Iraqi,” she added. But an Iraqi Kurd said that he supports autonomy from the Baghdad government for the Kurd-controlled region in the north. “I am not hating Iraq,” he said, adding that he agreed with most of what Galbraith said about the state of Iraq. The event, which was the first of its kind, brought together Fulbright alumni and students and scholars from...
...nearly two years after the University announced it would be divesting from Chinese oil firm PetroChina because of its dealings with the Sudanese government and one year after Harvard announced that it would sell its holdings in Sinopec, another company accused of helping to finance genocide in the Darfur region of the country. On March 1, the Harvard Darfur Action Group (HDAG), with the support of more than 20 University faculty members and instructors and 50 student groups, delivered a letter to interim President Derek C. Bok requesting a meeting with him to discuss a “model...