Word: sectoral
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While economists and investors fret over rising unemployment and fears of a double-dip recession, investment bankers and corporate lawyers are practically giddy over a recent surge in mergers and acquisitions activity in the tech sector, replete with limos, late dinners and potentially fat fees...
...failures in the financial sector took down the larger economy last year, many critics blamed the MBAs working at major financial firms for the current economic recession...
...While Washington under President George W. Bush all but ignored climate change, California - with the Republican Schwarzenegger sometimes leading and sometimes following - embarked on its own green path, passing a landmark carbon-emissions cap for the state in 2006 and aggressively promoting renewable energy. Today, California's clean-tech sector is a rare bright spot in a state that is struggling with economic problems. California is where "technology met policy," said Terry Tamminen, the former secretary of the California Environmental Protection Agency and now a senior fellow for climate policy at the New America Foundation. (See pictures of the world...
...development efforts, both to undermine the need for and appeal of religious schools (or madrasahs) and to advance literacy, which is 43% among adults; two-thirds of Pakistani women cannot read or write. In long, jargon-filled reports, the principal USAID contractor on an $83 million, five-year education-sector reform project, North Carolina-headquartered RTI (also known as Research Triangle Institute), claims to have "positively impacted" more than 400,000 students (out of 70 million school-age kids) through strengthening policy and planning, teacher and school-administrator training, and youth and adult literacy. But when USAID's inspector general...
...Britain's Lloyds TSB Bank for funneling money from Iran and Sudan into U.S. institutions. "The U.S. Treasury Department has been encouraging major firms to be cautious in their dealings with Iran," says Fitzpatrick. "They are informally advising them not to be investing in the Iranian oil and gas sector...