Word: traded
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...bites deeply into the country's manufacturing and export sectors. The new projects will make it much easier for commerce and people to move around China, hence stimulating domestic demand and reducing China's economic reliance on exports, vital as rich world consumers rebuild their balance sheets and international trade contracts...
Many people living in tent cities like Taco Flats, in Fresno, Calif., collect cans and bottles they trade for cash. For warmth, they burn donated firewood. Not far from a woman openly smoking crack, an elderly woman sweeps the floor of her plywood shanty. For now, the city is picking up residents' trash but says it will relocate the tent dwellers this summer...
Even more important is the ongoing debate in Congress over carbon cap-and-trade legislation. Democratic Representatives Henry Waxman and Edward Markey have hammered out a bill that would reduce U.S. carbon emissions to 17% below 2005 levels by 2020. It faces an uphill battle in Congress, opposed by nearly all Republicans and many Democrats from coal-dependent states. Pushing it through will require an act of political will, but while Obama has praised the controversial bill, some environmentalists complain the White House has done too little behind the scenes to defend it. "The world was hopeful that Obama would...
...been prohibited from leaving the USSR. The student exchange programs—such as those in which the student delegates participated—demonstrated that the iron curtain had, indeed, begun to fall.In fact, 1959 was also the first year that the U.S. was allowed to host a trade and cultural fair in the Russian capital. However, the fact that the way in which the countries chose their delegation participants differed suggested that political tension and strong feelings of ideological superiority hadn’t ceased to exist. While American delegates were chosen on the basis of academic merit...
...Castro had declared Cuba a socialist state and abolished free elections. Confrontations such as the Bay of Pigs Invasion and the Cuban Missile Crisis revealed the deep tensions that had quickly developed since Castro departed Harvard a few years prior. Today, the United States still holds a trade embargo against Cuba. Travel restrictions also hinder the exchange of ideas and cultures between citizens of the two nations. AN ACADEMIC EXCEPTIONAlthough Americans are not permitted to freely enter Cuba, Harvard students are. Despite hostile foreign policies that the United States still holds towards Cuba, the David Rockefeller Center for Latin American...