Word: traded
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Dates: during 2000-2009
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...Ways to Change the World Your article "Africa, Business Destination" was a welcome recognition of the importance of trade and business development as tools for combating poverty [March 23]. But I have to correct a suggestion in the piece that Bono and Bob Geldof seek to represent Africans in their work as activists. They work in partnership with leading Africans but never suggest they represent Africans. Bono and Geldof represent themselves and others who want to see the world's richest governments keep the commitments they have made to Africa. These two have also argued that trade and investment will...
...Cambridge, 10-9. Overall, the combined men and women’s team outscored the British teams, 21-17, to claim the coveted Naughton Trophy once again. The Harvard/Yale-Oxford/Cambridge meet is the world’s oldest continuing international intercollegiate competition, dating back to 1894. The two countries involved trade off hosting each other, and this year, the four teams headed off to New Haven, Conn., for the historical event. “There’s sort of one word that sums it up and that’s tradition,” Harvard coach Jason Saretsky said...
...increased profits by 4.7% in the fiscal period ending in February of this year, which spokeswoman Josiane Kremer attributes to the firm's expansion into high-growth emerging markets such as Eastern Europe, Russia and China, as well as market share gains in North America. (See pictures of trade between China and Africa...
...feeling is that China can't help other countries in the region," says Michael Pettis, a finance professor at Peking University. He says that China's trade surplus rose 42% on an annualized basis to a record $19 billion last month, despite the fact that the country's exports are declining at double-digit rates. That's because its imports are dropping even faster, boding ill for China's neighbors like Japan and Korea who rely on the U.S. consumer and now are desperately looking for alternative buyers of their goods...
...Peking University says China's economic problems are just beginning rather than beginning to end. "There's no letter in the alphabet that could be used to describe where I think the Chinese economy is going," he says, arguing that it will be many years before the global trade imbalances that caused the current crisis are redressed. In the meantime, China will get little help from the world -nor will China be of much help to the rest of the planet...