Word: lynchings
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...Dubai crisis as the potential flashpoint for a new stage of the global crisis, a sign that heavily indebted sovereign states might begin having trouble financing their deficits, or that investors will reassess their exposure to risky emerging markets in some kind of financial "contagion." BofA Merrill Lynch strategists postulated in a report that "one cannot rule out - as a tail risk - a case where this would escalate into a major sovereign-default problem, which would then resonate across global emerging markets...
...Money Tree Ulu Masen received a boost last year when U.S. bank Merrill Lynch pledged to invest $9 million over four years. "That gave the project a lot more certainty," says Dorjee Sun, chairman of Sydney-based firm Carbon Conservation, which is helping Aceh's provincial government devise the scheme. "It showed there was appetite from investment banks to buy these credits." Merrill Lynch calls Ulu Masen "the world's first commercially financed avoided deforestation project." Money has been followed by political muscle: a year later, Arnold Schwarzenegger of California, along with the governors of Wisconsin and Illinois, signed...
...fact, the city has benefited. It's received $230 million of Beijing's $585 billion stimulus package, which helped accelerate the construction of a new subway system, highways and other projects. A similar scenario has been playing out in other western China cities like Chengdu and Chongqing. BofA Merrill Lynch Global Research calculates that the GDP of China's western provinces grew 9.3% in the first half of 2009, compared with 6.5% in the east. This trend is likely to continue. "Growth is shifting to the interior," says Ting Lu, a BofA Merrill Lynch economist...
...World Toilet Organization to raise awareness for the 2.5 billion people around the world who live without proper sanitation. But even for those of us with access to modern plumbing, how often do we really think about our toilets? From outhouses to water closets - even former Merrill Lynch CEO John Thain's $35,000 "commode on legs" (technically a table, not a toilet) - humans have been devising creative ways to go to the bathroom since, well, the first person crossed his legs with an urgent need to go. (See the top 10 environmental ideas...
Members of the opening 200-meter medley team also claimed individual wins for the Crimson. Newell placed first in the 100-yard backstroke with a 51.50 time and led Harvard’s 1-2-3 finish in the 200 backstroke, followed by freshman Greg Pelton and sophomore David Lynch...