Word: formalizes
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...Happily for taxpayers, no one seems particularly interested in pursuing a formal investigation - Bush spokesman Ari Fleischer reports that the President is eager to forgive and forget the transgressions, because he "understands that transitions can be times of difficulty and strong emotion." (Loosely translated, that means: "I have no interest in getting sucked into a debate over who has precipitated more undignified pranks in his lifetime.") Instead, GOP officials are taking this moment to gloat, shaking their heads sadly whenever the "incidents" are mentioned, and sagely murmuring that we could hardly expect any better from the likes of the Clinton...
...dream. Its participants - scores of heads of state and senior ministers, representatives of 1,000 of the world's biggest corporations and an eclectic assortment of economists, social critics, writers, artists and thinkers - may reflect an unparalleled concentration of political and economic power, and yet the event has no formal mandate or decision-making power. In fact, it's not even strictly a conference, by the organizers' definition, but rather a more informal gathering of the people who run the world to discuss the big picture - the really, really big picture, about where the world is headed. And attendance...
...year, says Carol Sladek, work/life consultant with Hewitt Associates, a Lincolnshire, Ill., human-resources consulting firm. Nearly 75% of the employers in Hewitt's annual survey of the 100 best companies to work for provided time off for community service last year. And in 1999, 48% of employers included formal volunteer programs as part of their business plan, vs. just 19% in 1992, according to a survey of 248 companies conducted by the Points of Light Foundation. Nearly half of all employees in a variety of fields took their employers up on offers of paid time off for community service...
...renminbi a truly international instrument. Mainland China lacks a reliable legal system and widespread use of the English language, both mainstays of international commerce. Hence many multinationals are hedging their bets. China operations may be moving to Shanghai, but companies like Coca-Cola and Philips have kept their formal Asia-Pacific headquarters in Hong Kong. That too could change, however. Hong Kong, after all, was once no more than a piece of barren rock with no economic value whatsoever. And people in Shanghai are well aware that hard work and entrepreneurship can produce miracles...
...first one, Kgalagadi, which means Land of Thirst, was created last year by merging two parks that straddled the border of South Africa and Botswana. The combination is a 14,600-sq.-mi. wilderness area in which tourists and animals can move freely. Since the formal opening last May, tourist traffic has been projected to triple to 150,000 visitors annually. A Peace Parks Club run by the foundation offers 10-day tours of the park that include tracking wild game on foot with experienced rangers of the San tribe, the indigenous bushmen of the Kalahari...