Word: rest
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Dates: during 2000-2009
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...place so that the mistakes of the past are not repeated." That makes more sense than singling out Goldman and JPMorgan for being too good at what they do. The question, though, is whether such reforms can actually be enacted. In the past, Goldman and JPMorgan - and the rest of the financial industry - put their highly talented employees to work dismantling any regulation that might get in the way of higher profits. If they try that again, maybe "swine" and "vampire squid" will prove too kind...
...participants then played an online video game in which, using game controls, they could throw a ball and play catch with other Internet players. But the game was rigged so that after 10 throws, half the students would no longer get the ball thrown to them, while the rest of the students continued to play catch. When the game ended, participants who had been excluded from the second round of catch rated their level of social distress and how strong they felt. Those who had counted money before being socially excluded reported lower levels of social distress than those...
...Today is a historic day for Africa and marks the dawn of a new era for communications between the continent and the rest of the world," SEACOM Chief Executive Brian Herlihy said in a statement marking the launch. "Turning the switch on creates a huge anticipation but, ultimately, SEACOM will be judged on the changes that take place on the continent over the coming years...
After famine, now comes the flood. SEACOM is the first of three fiber-optic cables that will connect East Africa, via the Kenyan port of Mombasa, to the rest of the world. Analysts say that could lead to a more than 90% reduction in the cost of Internet access in years to come. The high price of using the Internet has up until now crippled the region's nascent tech sector, denying jobs to millions of well-educated young Africans. (Read: "Kenya's Blackboard Jungle...
...countries experience 1.3% economic growth for every 10% increase in high-speed Internet connections, but sub-Saharan Africa has some unique challenges. Only 5.9% of Africans are connected to the Internet, and most are in North African countries such as Egypt and Algeria. That compares to 26.9% for the rest of the world. To put those numbers in perspective, consider this: Just 17% of people in sub-Saharan Africa have access to electricity...