Word: traded
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Dates: during 2000-2009
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...Next up: Congress is moving ahead with a special 'cash for clunkers' program that is supported by a broad coalition of auto dealers, trade unions, finance companies and auto manufacturers. The nearly completed bill, which President Obama has indicated he will sign, offers consumers credits of $3,500 to $4,500 to trade in old vehicles for new, more fuel-efficient cars. The incentive is expected to cost the government $4 billion and to boost sales of new vehicles by one million units. "We believe this will play an important role in driving demand and stimulating sales," says Ray Young...
...stopped plutonium production and completed several promised steps to disable the Yongbyon nuclear facility. (Though North Korea now says it is restarting that facility, U.S. experts who have visited the site say it will take considerable time and expense to do so.) South Korea has become an important trade and investment partner of the North. Some nongovernmental organizations, such as Mercy Corps, have had regular access to North Korea because they have delivered on meaningful development projects. If talks resume, they will surely be invited back. And China has moved from being a passive to an active player...
...that above all else seeks to remain in power, to preserve its juche ideology of militant nationalism and self-determination, and to run its economy without following China's advice about "reform and opening." But the regime presides over a desperately poor country with few resources, very little international trade, an ever-widening gap between itself and South Korea, a calamitous public-health situation and a military that gobbles up the greater part of the budget. On top of all that, North Korea no longer can count on its Chinese and Russian partners for security, and not always for food...
...struck by the shortsightedness of the government's policy in forcing the Korengal Valley to stop producing timber. It seems extremely foolish to deny people access to jobs and money when the alternative for them is to join the enemy. The same applies to the opium trade. It would be better for Western governments to buy the crop above the black-market price for their pharmaceutical industries, even if it meant stockpiling or perhaps destroying some of the final product. The war cannot be won; the best that can be achieved is for the allies to hold the fort while...
...news? Despite many hints that he wanted a to create a big tent government, Zuma apparently failed to persuade former trade union leader turned billionaire Cyril Ramaphosa to take a position. Ramaphosa is an ANC heavyweight. Many see him as the ANC President that never was (he was Nelson Mandela's preferred successor; the job went to Mbeki instead). The corporate sector, which admires his accumulative skills, would have seen his inclusion as further reassurance. Still, Ramaphosa has been out of South Africa's political scene for a long time. A cabinet position would have been something; his absence...