Word: costes
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Coastal residents - who suffer under high insurance rates - would be asked to cover the cost, according to an application filed with the U.S. Patent and Trademark Office on July 9. Gates is one of a dozen inventors listed on the application submitted by Searete LLC, a subsidiary of Intellectual Ventures LLC, of Bellevue, Washington...
Hugh Willoughby, acknowledged as the "guru of hurricane modification" and now a professor at Florida International University, dismisses the plan as "junk science." The cost and logistics don't add up, he says, estimating that it would take tens of thousands of the giant tubs put in the water within 24 hours of the storm's arrival. Others think the whole idea of trying to dissipate hurricanes before they start is misguided. Bob Atlas, director of the National Oceanic and Atmospheric Administration in Miami, points out that hurricanes, as devastating as they can be, do serve some good, by helping...
...million in his first gubernatorial election, and he is expected to do the same again now (though the market crash hasn't been kind to him; last year he reported a loss of nearly $3 million, and he's also been through an expensive divorce rumored to have cost him tens of millions). Christie, by contrast, has elected to stay in the public-financing system, limiting the amount he can spend to $11 million, though the Republican National Committee and Republican Governor's Association are already investing heavily in the race. New Jersey, usually a solidly Democratic state...
...last six months at Carnegie Mellon's Pittsburgh campus. The London School of Economics offers three-year undergrad degrees in economics, finance and management through the Indian School of Business and Finance (ISBF) in New Delhi, for a total tuition of $20,000, or one-fifth the standard cost. "Our students get a degree from a reputed foreign university at Indian rates, while LSE gets global reach," says ISBF director Jitin Chadha. (See pictures of the college dorm's evolution...
...Cold-shouldering Moscow could also come at a cost. Moldova is dependent on Russia for gas, oil and electricity imports. The new government says it will pursue stronger relations with Europe and Romania, with whom it shares many cultural similarities. Moldova was part of Romania until World War II, when a chunk of the country was given to the Soviets by the Nazis. Fears of unification kept previous Moldovan governments from building bilateral ties. And then there is the problem of Transnistria, a tiny Russian-speaking province backed by Moscow that wants to secede. "At least we have a year...