Word: trade
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...Establishing a rival to Mars as the world's largest confectioner does not come without challenges, though. Having borrowed heavily to buy Cadbury, Kraft will be under pressure to cut costs and raise margins at the British company. To some, that spells job cuts. The British trade union Unite claimed earlier this month that some 7,000 Cadbury workers would be under threat if the proposed takeover went through. Another analyst, Howard Wheeldon, a senior strategist at BGC Partners, questioned on Tuesday whether the acquisition would herald "a partial breakup" of the British business. (See a TIME video about...
...voted in favor of Massachusetts joining the Regional Greenhouse Gas Initiative, a pact among northeastern states requiring power plants to reduce emissions or to buy carbon credits. He now says he would vote against the initiative as well as a federal cap-and-trade bill...
Much of this difference is geographic. The mountains that lie across the island can cut off Haiti's rainfall. The northeast trade winds, and so the rain, blow in the Dominican Republic's favor. Haiti's semiarid climate makes cultivation more challenging. Deforestation - a major problem in Haiti, but not in its neighbor - has only exacerbated the problem. Other differences are a result of Hispaniola's long and often violent history - even TIME called it a "forlorn, hate-filled little Caribbean island" in 1965. On the eastern part of Hispaniola, you'll probably speak Spanish; in the west...
...half-million visitors expected to attend, tens of thousands of children have become ensnared in sexual slavery, and those who profit from their abuse are also preparing for the tournament. During a three-week investigation into human-trafficking syndicates operating near two stadiums, I found a lucrative trade in child sex. The children, sold for as little as $45, can earn more than $600 per night for their captors. "I'm really looking forward to doing more business during the World Cup," said a trafficker. We were speaking at his base overlooking Port Elizabeth's new Nelson Mandela Bay Stadium...
Although its 1996 constitution expressly forbids slavery, South Africa has no stand-alone law against human trafficking in all its forms. Aid groups estimate that some 38,000 children are trapped in the sex trade there. More than 500 mostly small-scale trafficking syndicates - Nigerian, Chinese, Indian and Russian, among others - collude with South African partners, including recruiters and corrupt police officials, to enslave local victims. The country's estimated 1.4 million AIDS orphans are especially vulnerable. South Africa has more HIV cases than any other nation, and a child sold into its sex industry will often face an early...