Word: timbered
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...Beyond the international humanitarian crisis also lies a potential economic one. Neighboring nations are increasingly dependent on Burma's resources, and most of the country's natural wealth - from jade and timber to hydropower and natural gas - is concentrated in the tribal regions. The planned route for a Chinese-financed project of dual natural-gas and oil pipelines, for instance, begins in an ethnically troubled part of western Burma's Arakan state and runs past the part of Shan state where fighting raged last month in Kokang. Construction of the Shwe pipeline project, the biggest ever foreign investment commitment...
...ethnic militias aren't just looking out for their downtrodden populaces. They're also protecting their own interests in a region that, after all, extends into the infamous Golden Triangle. Starved of other economic means, some rebel armies have resorted to dubious funding schemes, like selling opium, illegal timber and methamphetamines. During the ceasefire period, the junta largely turned a blind eye to such businesses, which financed spacious villas and golf courses for some ethnic commanders...
...Accounts differ on what really happened to “The Arctic Sea,” a ship with an Estonian, Latvian, and Russian crew that was nominally bound from Finland to Algeria with a cargo of harmless timber. Initial reports claimed masked men speaking accented English subdued, but did not harm, the crew; then the ship simply vanished. Russia has claimed, once the ship was found off West Africa, that there was no suspicious cargo on board besides the intended logs. Yet experts believe there was more to the ship’s hijacking than pirates seeking ransom...
...needs of the University.” For years, Harvard has been the subject of scrutiny—and idolatry—as its endowment consistently generated double-digit yearly investment returns, largely due to its heavy exposure to alternative asset classes, which include real estate, private equity, timber, and other commodities. Such investments added long-term value to the endowment and brought sustained growth in previous years, but also reduced the portfolio’s liquidity—meaning that the University’s assets became more difficult to sell and convert to cash on short notice...
China's border with Burma is a porous demarcation, with everything from tropical timber and rubies to heroin slipping across with little oversight. But August brought a more unusual Burmese import: thousands of Kokang hill-tribe members fleeing violence in their small enclave in Burma's northeastern Shan state. By late August, the U.N. estimated that some 30,000 refugees had poured across the border into China's Yunnan province, as the Burmese military routed a small rebel force that had laid down its arms for two decades before a cease-fire crumbled in early August...