Word: adopting
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...action. The focus will be on "sustainable development": how to keep growing and lifting living standards without exhausting the globe's natural resources. In an essay written for TIME, Kofi Annan, the U.N. Secretary-General, articulates a future that could be bright or disastrous, depending on the policies we adopt...
Politics was the bottom line, after all. Investors set off Brazil's crisis out of fear that the two leftist candidates leading in presidential election polls would reverse the country's laudable efforts to adopt free-market reforms. A Brazilian default could upset the tenuous U.S. recovery and cost U.S. Republicans in November's congressional elections. That vote also coincides with the start of new negotiations for a giant hemispheric free-trade pact. If Brazil's economy continues to melt down, those talks will implode, causing Bush political embarrassment...
...while Ebner may have always pushed hard for greater corporate accountability - he is credited with the shake-up of the Swiss banking industry - his successor may not have the same zeal: Zürcher Kantonal-bank, which bought majority voting rights in the stakes, has said already it will adopt a less activist stance than Ebner's. At least Buffett is carrying on the shareholder mission; he is currently insisting that stock options be recognized as costs. The latest U.S. corporation to agree...
...become friends. He's a great kid, a most impressive young gentleman. He can read and write, which is not the usual thing for actors, and he's very bright. He knows how to listen. His Oscar is for writing, so we get along fine. I offered to adopt him a couple of weeks...
...surprising success of Poland's Gdynia Shipyard Group was featured in the July 16, 2001, issue of TIME Global Business. The group, which owned the yard where Lech Walesa led his worker's revolt, had shed its communist legacy to adopt market-economy practices such as product specialization and round-the-clock shifts. Now scandal at a competing shipyard may threaten Gdynia's success. The Stocznia Szczecinska shipyard, Poland's second largest shipbuilder, was forced in June to declare bankruptcy. Six of the company's former executives were arrested and charged with criminal mismanagement and fraud that...