Word: renewables
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...East Room remarks, the President invoked the role the arts can play in the morale of a nation. "In times of war and sacrifice, the arts remind us to sing and to laugh and to live.... In days of hardship, they renew our hope that brighter days are still ahead," Obama said. "We can overcome whatever comes...
...short-term loans, based on the idea that income from the projects would buoy liquidity and help roll forward debt payments. For example, Dubai's driverless metro system, one of the most advanced in the world, is financed through three-year notes, which the city-state believed they could renew as ticket fees helped pay the interest. Now, the international consortium that is building the system - including the Japanese construction giants Mitsubishi and Obayashi as well as the Turkish company Yapi Merkezi - are probably left with huge fees unpaid...
...group, formed in 2005 under the liberal administration of Roh Moo Hyun, has run into political opposition. Starting in December, conservative President Lee Myung Bak, the National Assembly and the Chief Justice of the Supreme Court will appoint the group's new leaders, who could choose to not renew its controversial mandate or diminish it. That wouldn't be a surprise; in the past two years, victims have lost three separate lawsuits demanding compensation from the government. "I lost my family at the hands of the government, but they have not compensated me at all for my suffering," says Jung...
...India's government insists there's room enough for both India and China to peacefully emerge as world powers, and Singh has made no complaints about the change in atmosphere in Washington. His visit, he insists, is simply an opportunity "to renew the partnership." It'll look to formalize elements of the nuclear deal penned last year, which grants India access to a range of technologies that it had previously been blocked from acquiring. Measures will also be taken to expand trade, promote educational links and boost cooperation on research into vaccines. The two sides are also expected to sound...
...large Russian population in the eastern and southern parts of the country, and Russia’s lease on the Crimean port city of Sevastopol, where its Black Sea Fleet is currently based, will run out in 2017, with the concern that the Ukrainian government will refuse to renew...