Word: globalizers
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...good has come of the global H1N1 flu pandemic, it may have started with a child like Nayeli Quispe, 7, a second-grader from the impoverished hillsides of La Paz, Bolivia. Prompted by a massive campaign by the country's public-health officials to contain the spread of the new flu virus, Nayeli and millions of other Bolivian schoolchildren have been washing their hands a lot more than usual - after recess, before meals and every time the animated dancing hands pop up in public-service announcements on TV. "First you wet them really well, then you rub the soap...
...broad global focus of the initiative improved or made more difficult the efficacy of the issue?” Daly asked in a question and answer session after the talk, referring to the large range of projects that the Clinton Climate Initiative is involved...
During the dark days of the global credit crunch a year ago, policymakers around the world had a generally easy time coordinating decisions. As asset prices tanked, lending dried up and growth shriveled, governments and central banks were forced to take similar steps - pump up fiscal spending and slash interest rates to support growth and unfreeze financial markets. Now, as an economic recovery emerges, governments are hoping for another coordinated effort to exit from their massive stimulus plans, including near-zero interest rates. That intention was clearly laid out during the September G-20 summit in Pittsburgh, Pa. The leaders...
...haphazard exit from stimulus measures, with countries going their separate ways, could pose its own set of problems. In this era of globalization what one government does in one corner of the world can have a knock-off effect on economies in another corner. For example, countries that raise interest rates ahead of others could end up attracting money from foreign investors seeking a higher return, potentially draining funds away from economies that are still badly in need of investment. Or if too many governments turn off the stimulus tap too quickly, global demand could fall sharply. "An unruly rush...
Thus, while we congratulate the new non-permanent members for their upcoming stints on the Security Council, we call upon the permanent members to consider the difficult task of self-reform. Revising the Security Council now falls under their stated mandate, the long-term security of the global community...