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...some of the largest current-account deficits. What do you do when you shovel coal and run out of fuel? You borrow - as the PIIGS have done. The markets have cast their verdict on that. Now, Greece has to borrow at twice the interest rate that German bonds fetch...
...Atlantic bluefin tuna is considered a delicacy from Osaka to Omaha; at Tokyo's venerable Tsukiji fish market, a single giant blue tuna can fetch up to $100,000 in auction. But the sheer popularity of the fish among consumers of sushi and sashimi has caused populations of the bluefin tuna to plummet, with its total numbers down more than 80% since 1970. We are literally eating the bluefin tuna to death...
...billion customers. Sixty percent of the world's supply of ornamental fish comes from Southeast Asia, whose warmer waters and diverse aquatic eco-system has given it a competitive advantage that China cannot easily wrest away. A fully grown dragonfish, which Yap says aspiring Chinese businessmen gravitate to, can fetch up to $20,000 - each. Producing the fish isn't easy; eggs are often held inside a male dragonfish's mouth until they hatch. When they're sold, Yap implants a microchip in its belly and delicately packs it in pre-oxygenated cold water, often to be sent north...
...tenants fought back and won in a court decision that also undercut plans for using city tax abatements to further sweeten returns on apartments pushed into luxury decontrol. The upshot, according to a recent Deutsche Bank analysis, is that the property, purchased in late 2006 for $5.4 billion, "would fetch less than $2 billion if sold into the current dislocated market." It added that the most natural buyer was MetLife, the insurer and original owner, in part because it represented "patient capital...
...first activist video game to reach a wide audience was Darfur Is Dying, a website-based game put out by MTV in 2006, in which gamers play refugees risking their lives to fetch water. In the game's first month, it reached 700,000 players. Since then, the game has prompted thousands of people to e-mail the White House or petition local representatives. It has also convinced MTV to include games in all its campaigns. "No other media enables you to literally run in someone's shoes," says Stephen Friedman, general manager of the music network. (See Techland...