Word: disasterously
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The decision to cut off U.S. food aid has angered some officers, sources say. A chunk of that aid was diverted by the military for sale in private markets, which have become increasingly important in feeding the population. So halting aid not only risks another humanitarian disaster in the North...
The glut of investment led to what economists call an "underpricing of risk," as lending standards were weakened and leverage grew. Economists now widely agree that the systemic sloshing about of capital was a recipe for disaster. If a lack of regulation allowed the fire to spread quickly, the global...
Some locals reported having seen cracks in the banks of the dirt dam, built in the 1930s by the Dutch colonial government. "Indonesia's problem with spending money on maintenance has taken its toll," says Tom Shreve, president director of Glendale Partners, an infrastructure consulting firm. "The city has a...
When it comes to climate change, however, that picture hasn't yet been found. Hurricane Katrina's destruction, drowning polar bears, spreading deserts - these images are powerful in their own right, but they're not the sorts of pictures that can drive a movement. Precisely because global warming is so...
If the Three Mile Island atomic reactor near Harrisburg hadn't melted down 30 years ago this Saturday...well, there probably would have been an accident somewhere else. The entire U.S. nuclear industry was melting down in the 1970s, irradiated by spectacular cost overruns, interminable delays and public outrage. Forbes...