Word: asia
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Dates: during 2000-2009
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...enough money by 1980 to retire at age 37. Since then, he has spent his time jaunting around the world, writing books on his travels and investment advice with names like Adventure Capitalism and Investment Biker. In 2007 he moved to Singapore to get a front-row seat at Asia's economic boom and also saw the launch of tradeable securities tied to a commodities index he created. His newest book, A Gift to My Children, is a compendium of advice - financial and otherwise - to his two young daughters. Rogers spoke to TIME about the book, why the Obama Administration...
...That doesn't mean we should expect Asian nations to immediately start shooting wars over access to the Mekong or the Yalu - though all bets are off if climate change leads to the loss of the Himalayan glaciers whose seasonal melt provides water for billions in Asia. In fact, the history of cross-border water disputes has been surprisingly conciliatory so far. India and Pakistan have fought three wars and currently point nuclear weapons at each other, yet the Indus Waters Treaty - which divvies up the two countries' trans-boundary waterways, overseen by a joint commission - has survived for decades...
...Asia falls short. Beyond rich nations like Japan and Singapore, which have invested heavily in water quality, water management is still abysmal; according to the U.N., half of the 24 Asian and Australian eco-regions are severely or moderately affected by pollution, and conditions are expected to get worse. Asia lacks the strong regional institutions necessary to promote better water policies across borders and head off potential resource conflicts. "We have to go beyond existing networks," says Ali, who notes that no global treaty is currently in place on water. "What we have now isn't enough...
...hope is that, properly managed, water could actually help knit Asia together. More than any other resource, water must be shared. Rivers don't respect borders, and those downstream are dependent on the good behavior of those upstream - as the residents of Khabarovsk learned in 2005. Asian nations will need to come together on water - or they'll go thirsty alone...
That's an understatement. Russia's military is still largely a remnant of the Soviet days, when the Red Army's millions were spread across a vast swath of Eastern Europe and Central Asia. When the Soviet empire began collapsing in 1989, Russia lost the bulk of its foot soldiers, as well as several key defense-related industries, ranging from shipbuilding in Ukraine to nuclear enrichment in Kazakhstan, according to an analysis of Russia's military in February by Stratfor, a U.S. company. The upheaval also forced many of Russia's finest engineers to quit for better-paid jobs abroad...