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Asian Markets Up but Investors Still Edgy Over Greece

Asian markets recover some ground on value hunting after last week's heavy losses, but investors remain wary over the euro zone despite world leaders calling for Greece to stay in the monetary union.

(CNBC/REUTERS) TOKYO - The FTSE CNBC Asia 100 Index which measures markets across Asia, inched up 0.1 percent.

Japan's Nikkei average edged up, with short-covering prompting a recovery from the sharp losses of the previous session, and a call from world leaders for Greece to remain in the euro zone helping to soothe investors' jitters.

The Nikkei put on 0.3 percent to 8,633.89 after sliding 3 percent on Friday to log a seventh straight week of losses, its longest such run since 2001, as the euro zone debt crisis and concerns over global growth intensified. The Topix slipped 0.1 percent to 725.15, with volume hitting a two-week low, indicating a lack of conviction for the rebound.

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Migrant Lives

They Migrated From Chiapas When Opportunities Dried Up, Orchids Brought Them Home

An orchid rehabilitation project is turning a small Mexican community into a tourist magnet — and attracting far-flung locals back to their hometown.

They Migrated From Chiapas When Opportunities Dried Up, Orchids Brought Them Home

Marcos Aguilar Pérez takes care of orchids rescued from the rainforest in his backyard in Santa Rita Las Flores, Mapastepec, Chiapas, Mexico.

Adriana Alcázar González/GPJ Mexico
Adriana Alcázar González

MAPASTEPEC — Sweat cascades down Candelaria Salas Gómez’s forehead as she separates the bulbs of one of the orchids she and the other members of the Santa Rita Las Flores Community Ecotourism group have rescued from the rainforest. The group houses and protects over 1,000 orchids recovered from El Triunfo Biosphere Reserve, in the southeastern Mexican state of Chiapas, after powerful storms.

“When the storms and heavy rains end, we climb to the vicinity of the mountains and collect the orchids that have fallen from the trees. We bring them to Santa Rita, care for them, and build their strength to reintegrate them into the reserve later,” says Salas Gómez, 32, as she attaches an orchid to a clay base to help it recover.

Like magnets, the orchids of Santa Rita have exerted a pull on those who have migrated from the area due to lack of opportunity. After years away from home, Salas Gómez was one of those who returned, attracted by the community venture to rescue these flowers and exhibit them as a tourist attraction, which provides residents with an adequate income.

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