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...root, will mean becoming a first-rate technological power. China's road ahead was on display earlier this month in Shanghai, when a San Francisco - based company called the Cleantech Group hosted a venture-capital forum aimed at driving investment dollars toward alternative-energy entrepreneurs on the mainland. Opportunities appear to be plentiful, despite the dim economic environment. Forum attendee Patrick Tam, CEO of Beijing Tsing Capital, says he is investing heavily in Chinese clean-tech companies - most recently in a Beijing firm called NetPower Technologies, which makes a battery that helps power-hungry businesses reduce their electricity consumption...
...last financial crisis, in 1998, when the ruble collapsed and the country defaulted. This time, Russia has $450 billion in foreign reserves left from the $600 billion it had amassed thanks to the soaring energy prices of the past few years. Its biggest banks, all of them state-controlled, appear to have largely avoided the toxic assets that have been the downfall of so many of their counterparts in the U.S. and Western Europe. Yet Russia has been caught unawares by the domino effect of the financial crisis because of its unhealthy overdependence on oil, gas and metals, which account...
...other pocket) notebook Employed by Van Gogh, Picasso and Hemingway, the strategic use of this item will situate you within the great Western Tradition. Notebook is especially effective in displaying your creativity when used for jotting down abstract thoughts or elaborate doodles in the presence of others. 0. Appear non-conformist. —Ama R. Francis is the incoming Covers Editor. She’s concentrating in irony...
...governor, he showed some serious political shortcomings. Officials who worked with him say Blagojevich could appear disengaged and never truly expert in any of the policy discussions in which he participated. Jim Duffett, executive director of Illinois' Campaign for Better Health Care, contends that Blagojevich's attempts at health-care reform failed largely because of his prickly, grandstanding personality, which alienated lawmakers and would-be allies. If anything got passed, says Duffett, legislators "knew the governor would get credit for it." There was also the misguided audacity of his political tactics. He tried to fund his health-care plan...
...network - which had been monitored by 80 police and antiterrorism officers working full-time since the start of the year, according to Pellens - came just hours before leaders of the European Union were set to open a two-day summit in the Belgian capital. That meeting doesn't appear to have been a target of a plot whose details authorities say remain hazy. Still, Belgian officials said the decision to seize the group had become urgent to prevent the designated suicide bomber from possibly launching an attack before police could discover the target and stop...