Word: third world
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...Malaria strikes about 250 million people around the world every year and kills nearly a million. The mosquito-borne parasite is the third deadliest infectious disease in the world, after HIV/AIDS and tuberculosis, and most of its victims are children. With the help of tens of millions of dollars from the Bill and Melinda Gates Foundation and various governments, the global health community - from biochemical engineers in Berkeley, Calif., to village volunteers in Battambang, Cambodia - is racing to eliminate the increasingly resistant parasite before it's too late. This week, the Global Fund signed off on a $220 million-plus...
...earlier proposal thanks to an interim fall in Kraft's shares - was never likely to be welcomed. As a multiple of Cadbury's profit before deductions for tax and other charges, the deal is worth roughly a third less than the average for takeovers in the global food business since 2000, according to investment-research firm Sanford C. Bernstein. Granted, the world is in an economic slump and there's no rival bid on the table, but Kraft's offer would amount to "the lowest multiple in a major food deal over the last decade by 18%," Bernstein analysts wrote...
When Michael P. Silvestri ’10 saw the difficulty women and children in third-world countries like Namibia had transporting and purifying water with existing resources, he and a team of students developed a new container that was both easy to transport and economically feasible...
...Although theme parks made up less than a third of Disney's total revenue of $38 billion last year, Shanghai Disneyland still figures to be a key addition to the business because it will boost the company's visibility in one of the world's fastest-growing markets. Due to government rules aimed at protecting the public from what are perceived to be unwelcome foreign cultural influences, awareness of the Disney brand in China lags that of the rest of the world. Unlike in the U.S., where Disney operates a 24-hour TV channel and radio station, the company...
...United Nations International Children’s Emergency Fund (UNICEF) estimated that 22 percent of the Honduran population lived in extreme poverty, earning less than $1.25 a day. The World Bank, which ranked Honduras as the third poorest nation in the Western Hemisphere, estimated in 2007 that over 59 percent of the population lives below the poverty line...