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...fashion victims are inevitable. - By Adam Smith Getting In The Picture Move over, Hollywood - here comes Hungary. That's the hope of flamboyant Budapest real estate tycoon Sandor Demjan, chairman of TriGranit Development Corporation. With a government go-ahead expected "very soon," according to TriGranit, work is set to begin on a $188-million, state-of-the-art film complex to be built 15 km outside Budapest, due for completion next year. The 34-hectare Korda Studios plans to lure big-budget productions from neighboring film centers such as Prague, where blockbuster Mission: Impossible was shot; even staunchly British characters...
...reasonable choice to lead the Roman Catholic Church [May 2]. Succeeding an icon like John Paul II is never easy. Being elected to do so requires the right personality and a myriad of skills. As one of John Paul's closest confidants, the new Pope knows best where to begin his pontificate, presumably without departing significantly from his predecessor's agenda. Benedict might well fool his critics by becoming more than the intellect-driven, dogmatically conservative transitional figure they expect him to be. My first impression of his papacy is that it is promising...
...lists. Activists focused on large corporate polluters in the oil and timber industries. Over time, though, green groups have realized that one effective way to halt destructive practices is to take on the institutions that bankroll them. "The private financial sector more than any other has the ability to begin the ecological U-turn modern society so desperately needs," says Ilyse Hogue, director of the global-finance campaign at Rainforest Action Network (RAN), which led the fight against JPMorgan Chase. Yet even as they have publicly confronted big financial institutions, green groups--many of which belong to a loose collection...
...direct action and dialogue are paying off as banks begin to set green goals. HSBC has promised to cut carbon emissions, while Bank of America has pledged to shun investments in logging operations in the world's most sensitive forests. Even more important is the introduction of new industry standards, such as the Equator Principles, which "promote responsible environmental stewardship and socially responsible development" by evaluating the threats that projects pose to forests, natural habitats and indigenous populations...
Giles said that Fellows’ time at Harvard often leads to larger projects. “Some of them, during the course of the year, will get an idea for a book and will begin to work on it, but not at the expense of their class obligations,” he said...