Word: fire
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There will be casualties. But REITs with access to capital could potentially pick up properties and mortgage assets at fire-sale prices. "[Well-capitalized REITs] are going to be the most competitive out there with their access to [low-cost] capital," says Tom Bohjalian, senior vice president and portfolio manager at Cohen & Steers...
...Ares, with its Orion capsule sitting atop a rocket, returns NASA to the Apollo model, which went into retirement in the 1970s having never lost a capsule crew in flight. (The program did have its disasters, though: the Apollo 1 crew perished in a launch-pad fire and Apollo 13 suffered an oxygen-tank explosion and power failure on its way to the moon.) Shaped like the Apollo capsule but three times larger, the Orion can be reused up to 10 times. The Ares I and V, vertically stacked launch vehicles, make use of reusable solid rocket boosters...
When Walter L. Condit returned from work on Monday to find police cars, fire trucks, and a bomb squad blockading Garden Street in front of his apartment, he had no idea they had been summoned to retrieve the cannonball sitting peacefully in his living room...
...Known as Operation Grand Prix, the training exercises can be massive, involving hundreds of troops, helicopters, and live-mortar and live-rifle fire. The military says this is the closest the soldiers will get to actual combat before they deploy to Afghanistan. The soldiers train by themselves and alongside the Kenyan army, sometimes with locals playing the roles of rioters or restless crowds. To accommodate the increase in troops, the army has begun renting land from residents - it went from dealing with three landowners a few years ago to seven now. Neither the military nor the ranches will disclose...
...staff spent two years undercover working inside Bolivia's circuses documenting animal abuse, which included forcing pregnant lions to jump through fire and keeping brown bears in 6-by-9-ft. cages. A handful of countries, including Israel and Costa Rica, prohibit the use of wild animals as performers, but Bolivia is the first to extend the ban to all animals, including domestic species like dogs, horses and llamas. "We are extremely proud," says Bolivian Congresswoman Ximena Flores, the law's main proponent. (Read a Q&A about the illegal trade in wildlife...