Word: resoldered
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Dates: during 2000-2009
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...pipeline connecting Iran and Turkmenistan is expected to open in December, nearly doubling the gas trade between the countries to 700 billion cubic feet a year. Because Iran already has one of the world's largest gas reserves, most of the imported Turkmen gas would be resold for profit. Not to be outdone, China signed a 30-year deal with Turkmenistan in June to buy up to 1.1 trillion cubic feet of Turkmen gas annually, starting in 2011. Work is expected to be completed on a 4,300-mile-long pipeline connecting Turkmenistan and western China in December. ("How Badly...
...spend cash. Hill, who trades roughly $100,000 a year through the service, uses his credit to pay the hotel's $650-a-month flower bill, and recently refurnished eight of the hotel's rooms without spending a penny. He's also purchased jewelry through barter and then resold it to hotel guests for a profit. The system works for personal use, too. Hill's wife has spent the hotel's barter credits on cosmetic dental work and perms, and the family recently went on a ski holiday in France on barter pounds...
...profit organizations such as Habitat for Humanity. It also mentioned Harvard’s annual Valentine’s Day cosmetics drive for a Cambridge woman’s shelter, and the “Stuff Sale,” during which students donate unwanted furniture to be resold at the beginning of each school year. The award comes at a time when Harvard is elevating the profile of its green programs, committing to greenhouse gas reductions this summer and staging a Sustainability Week in the fall, which featured an address from former Vice President Al Gore...
...mess. But with $1.3 trillion in loans to shopping centers and other commercial properties coming due between now and 2013, another time bomb is ticking. In a report scheduled for release on Wednesday, Deutsche Bank estimates that at least half the loans - and two-thirds of those packaged and resold as securities - will not qualify for refinancing. As a result, many borrowers will likely default, leading to losses on securitized mortgages of $50 billion or more and losses of at least $200 billion on commercial real estate loans overall, according to Deutsche analyst Richard Parkus, who authored the report. "People...
...ailing U.S. automakers would receive a shot in the arm - potentially worth up to 2 million additional sales a year - while polluting cars would be taken off the road and replaced with more efficient ones. (All cash-for-clunkers programs require the old cars to be scrapped rather than resold.) "There are significant environmental advantages and substantive benefits for the auto sector," says Benjamin Goldstein, a policy analyst for left-leaning think tank the Center for American Progress. "This goes right for the source of the problem, for vehicles sales...