Word: spent
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...from the oil and gas sector - Yukos and Lukoil, respectively. The war chests that such firms bring to the game have led to galloping salary inflation, says midfielder Alexei Smertin - who is leaving London's Fulham for a fatter contract with Lokomotiv in Moscow. Enormous sums are also being spent to build or renovate stadiums and training centers - cheered on by Russian Sports Minister Vitaly Mutko, who heads the country's top football league and its football federation. And the largesse isn't flowing exclusively to the pro game: Abramovich contributes $55 million each year to Russia's fledgling youth...
...more food for domestic consumption and export. Namanga Ngongi, president of the Nairobi-based Alliance for a Green Revolution in Africa, told delegates that Africa could follow Asia's example and achieve a dramatic increase in agricultural output. That's true, but only 4% of national budgets are currently spent on agriculture, and investment is hampered by precolonial land rights that still prevail in most of sub-Saharan Africa. Meanwhile the cost of fertilizer has risen even more dramatically than the cost of fuel, leaving farmers facing a triple whammy: oil- and food-price rises, plus a lack of credit...
...fact, the Republican leadership spent last week trying to create not just a new litmus test for climate action but a new third rail for American politics: It wants any climate bill that causes the slightest increase in energy prices to be seen as a non-starter. "Any action should not raise the cost of gasoline or energy to American families," said Oklahoma Senator James Inhofe, the longtime leader of the denial-and-delay crowd, and his words were echoed by many others. That's an impossible standard to meet, and if the Republicans succeed in establishing it, Congress...
...Obama "is a mediocre Chicago machine politician and he will not stand up for us," said Mahoney, who added that she will never again give money or volunteer for the Democratic Party and plans to stay home in November. The couple both donated the maximum for Clinton and spent 23 days traveling to five states to work on her behalf. But, 10 minutes into Clinton's remarks Mahoney and Miller were heading for the door, refusing to hear Clinton's endorsement of Barack Obama...
...coach who discovered Peter still plods along in obscurity, living in a tiny one-bedroom shack behind a palm-wine bar. Indeed, Coach Ade Young knows better than most just how little glamor is involved in boxing in Nigeria. A former national champion himself (1970 super lightweight), Young has spent decades traveling the countryside on the backs of trucks or on his motorcycle, recruiting the next generation of contenders...