Word: sectoral
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...should call on President Drew Faust and the Harvard Corporation to consider a targeted divestment from companies doing business with Iran’s energy sector. Divestment should not be considered lightly, but today it is a necessary tool. The Iranian regime oppresses its own people, it is the largest state sponsor of international terrorism against innocents, it has threatened genocide against its neighbors, and now it is charging forward with a nuclear program despite a global consensus in peaceful opposition. There should be an exceedingly high standard to meet for divestment, but today Iran certainly meets that standard...
...plan. It could change its focus to brokering a deal between Israel and Syria. Or it could vastly reinvigorate the effort to build up Palestinian institutions on the West Bank as part of a step-by-step progression toward peace. Working with special envoy Tony Blair and the private sector, the U.S. could again help build economic institutions, learning and job centers, industrial free-trade zones and youth programs. It would not require a lot of money; it could be done by enlisting American corporations and organizations in public-private partnerships...
...harshest in decades. In a mini-budget announced a couple of hours earlier, Britain's Alistair Darling unveiled his government's latest plan to fix the U.K.'s broken economy, including a punitive tax on bankers' bonuses, a rise in social security contributions and a cap on public-sector workers...
...edge in Europe - rising labor costs helped the country's share of euro-zone exports fall one-fifth between 2001 and 2008 - the Irish haven't shied from cutting their cloth in recent months. In his budget announced Dec. 9, for instance, Lenihan unleashed deeply unpopular cuts in public-sector pay that look set to trigger strike action. But when it comes to a spending squeeze of their own, says Tilford, "the Greeks are a long way from recognizing that they really have no choice." (Read "Ireland's Economy: Celtic Crunch Time...
...from oil revenues, nothing seems to offer more hope than the arrival of Big Oil. "We still have a long way to go to build the country," says Ahmeh Jasim, 56, a real estate agent in Baghdad. "Without these companies it is very hard to have a proper oil sector." For most Iraqis, the drilling cannot begin soon enough...