Word: remain
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...agreement during the summit's final day, the anger boiled over, with delegates, observers from environmental groups and even members of the international press booing the American team. The U.S. eventually dropped its opposition to the Bali road map, but that did little to allay suspicion that Washington would remain a roadblock in efforts to combat the world's most pressing environmental crisis...
...Amid such a "serious credit crisis," says Buik, stock markets will only remain immune to genuine credit market volatility for so long. But the plunging share prices offered another kind of correction: that growth in Asia isn't enough to protect its markets against the effects of a U.S. recession. So while shares in China soared last year, "the idea [it] can decouple and not be affected by what happened in their most important export market [the U.S.] was always rubbish," says Stein, so long as domestic consumption can't make up for any shortfall. And neither is Asia resistant...
...Iraqi parliament has passed a law to change the country's flag, by altering the way "Allahu Akbar" (God Is Great) is emblazoned across the middle of the banner. The words will remain, but in a different calligraphic form. That may not seem like a big change, but for many Iraqis it makes a world of difference...
These are bold plans - especially for a city that had little green experience until recently - but for Abu Dhabi, investing in alternative power is a way to remain a world energy center in the event that concerns over climate change cut into the demand for fossil fuels. "We have a long tradition as a global energy leader and we have the financial resources to develop new fields of energy," said Sultan Ahmed Al Jaber, Masdar's CEO. "Leadership entails responsibility...
...Most Geordies, though, remain anxious about the bank's future. In a last-ditch effort to avoid nationalization, the U.K. government on Monday hatched plans to convert into bonds the $50 billion Bank of England loan it used to prop up Northern Rock. That makes a private sale of the bank more likely: those interested in bidding before the February deadline - including a consortium led by Richard Branson's Virgin Group - will no longer need to front up for a big slice of that loan. The bank's battered shares climbed more than 40% on the news...