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April 17, 2008 |
Carbon finance comes of age
Fortune Magazine
If all goes according to plan, the business of buying and selling rights to pollute the atmosphere with carbon dioxide and other greenhouse gases - carbon trading, as it is known - will curb global warming and save the world. That is its only purpose. Along the way, a lot of people will get rich. |
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April 17, 2008 |
Global hunger provoking riots
Int'l Herald Tribune
Hunger bashed in the front gate of Haiti's presidential palace. Hunger poured onto the streets, burning tires and taking on soldiers and police. Hunger sent the country's prime minister packing. |
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April 17, 2008 |
Chinese vent anti-western fury online
Christian Science Monitor
A violent storm of nationalist indignation is roiling the Chinese internet, as bloggers vent their anger at perceived Western insults in the wake of the Tibetan uprising last month. |
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April 16, 2008 |
International Court of Justice
Acuracy In Media
If you wonder where new bureaucracies come from, look at their nurseries—colleges and universities. That is where such notions not only are procreated but polished and promoted as well. |
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April 15, 2008 |
Monsanto’s Harvest of Fear
Miscellaneous
Monsanto already dominates America’s food chain with its genetically modified seeds. Now it has targeted milk production. Just as frightening as the corporation’s tactics–ruthless legal battles against small farmers–is its decades-long history of toxic contamination. |
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April 15, 2008 |
Icelandic banks pose a global risk
Dow Jones FN
Whenever financial markets tremble, everyone thinks of 1929 and the great American stock exchange crash. But fewer market participants remember 1931, a more significant year in the story of the big 20th century economic collapse, the Great Depression. |
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April 15, 2008 |
Retailing Chains Caught in a Wave of Bankruptcies
New York Times
The consumer spending slump and tightening credit markets are unleashing a widening wave of bankruptcies in American retailing, prompting thousands of store closings that are expected to remake suburban malls and downtown shopping districts across the country. |
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April 15, 2008 |
Fuel Choices, Food Crises and Finger-Pointing
New York Times
The idea of turning farms into fuel plants seemed, for a time, like one of the answers to high global oil prices and supply worries. That strategy seemed to reach a high point last year when Congress mandated a fivefold increase in the use of biofuels. |
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April 14, 2008 |
U.S. housing collapse spreads overseas
Int'l Herald Tribune
The collapse of the housing bubble in the United States is mutating into a global phenomenon, with real estate prices down from the Irish countryside and the Spanish coast to Baltic seaports and even in parts of India. |
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April 14, 2008 |
Goldman Sachs and Wells Fargo warn 'delusional' investors on stocks
Telegraph (UK)
Wall Street faces the growing risk of an equities bloodbath in coming months as the credit crunch spreads to the wider economy and earnings crumble, according to a pair of grim reports issued by Goldman Sachs and Wells Fargo. |
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