Word: traded
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...stage - and a generation of British actors to whom those were the only things that mattered. On any given night in the small provincial theaters of Britain of the 1960s, you might catch the likes of Judi Dench, Michael Gambon, Ben Kingsley, Vanessa Redgrave or Patrick Stewart plying their trade. All were born or grew up during World War II, many in northern English counties known for their booming diction, and all shared the same obsession. Says Stewart, 68: "All we wanted to do was be on the stage doing great plays with great actors. We spent years and years...
...priority: restarting trade. Behind the stomach-churning drop in the world economy is a factor that governments have largely ignored: a slump in trade. The flow of imports and exports has actually contracted more dramatically than the world economy as a whole, because its lifeblood, private-sector trade finance, has dried up. This is fixable, since most governments have export-credit organizations dedicated to trade finance. Governments should instruct them to jump-start trade flows until private sector financiers return...
This is a trade that works well for Anglesea and many like him. After all, time is money, and community-minded individuals may be happy to give whichever of the two they are better able to spare. But the time-money swap, which is washing over the charity world like a tidal wave during this recession, poses stiff challenges for nonprofits. They can't pay the rent with volunteer hours. One in two nonprofits says its funding has fallen, according to "The Quiet Crisis," a new report by Civic Enterprises, a social-issues think tank. When the economy was this...
...poured into Africa? Mostly useless. All that Bono-supported "glamour aid"? Somewhat insulting. The truth, Moyo argues, is that massive foreign aid encourages corruption and stifles the investment and free enterprise that can provide long-term stability. Her alternative solutions include widespread microfinancing and unfettered agricultural trade with the West. Africa could also use more foreign direct investment--which China regularly provides, despite howls over its deals with the continent's more unsavory regimes. Still, Moyo notes, China's "foray into Africa is all business"--there's not a smidgen of pity involved. Which is the way it should...
...result, Republicans want to see all revenue brought in from the cap-and-trade system returned to consumers, potentially as tax rebates. Obama, by contrast, would keep 20% to invest in his green-jobs program. Republicans have also said they would not support a bill that does not include money to expand the nuclear industry - something opposed by many Democrats and environmentalists. There is also disagreement over the involvement of other countries in any potential market and how best to help developing nations build up clean technologies...