Word: tradings
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...Highlight Reel 1. On the conflicting loyalties and complicated relationships among native Americans and Mexicans in the borderlands: "Having made peace with an Apache band, it was not uncommon for a Mexican village to undertake a thriving trade with their new associates in goods seized from other settlements. '[W]hat was stolen from one Mexican found ready sale to another,' noted an observer, 'the plunder from Senora finding its way into the hands of the settlers of Chihuahua, or... selling without trouble to the Mexicans living along the Rio Grande...
...proposals include a plan to tax nations based on their carbon emissions, two versions of an international cap-and-trade system, and the idea of abandoning one over-arching international climate accord in favor of a system of more specific agreements...
...number of Kennedy School alumni have also gotten involved, including Josh Gotbaum, who will lead the Economics and International Trade Team, and Joani L. Walsh, who will serve as a special assistant on the Agency Review Transition Working Group. Peter M. Rouse, who served as Senator Obama’s chief of staff, will now serve as his senior adviser...
...appetite for recyclable scrap paper, plastic and metals. In recent years, amazing stories have emerged around the world about stolen manhole covers, junk haulers making healthy salaries, and coins being melted down because their value as scrap, with China the big buyer, exceeded their face value. China's scrap trade has lifted the fortunes of both the very wealthy - such as Nine Dragons Paper CEO Zhang Yin, whose recycled-paper manufacturing company made her China's richest person in 2006 - and very poor farmers who have migrated to the city to earn more from recycling than they ever could...
...however, this Chinese territory's economy - highly dependent on financial services and trade - is proving vulnerable to the global downturn. As Europe and the U.S. slump, so have merchandise exports from Hong Kong, which in the third quarter grew at their slowest pace in more than six years. Hit by higher costs, slowing orders and tightening credit, thousands of factories owned by Hong Kong firms are closing up in southern China's industrial heartland. This week, HSBC, the city's largest bank, said it would layoff about 450 people in Hong Kong due to deteriorating business conditions and a poor...