Word: forecast
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...likely to boost the country's growing tourism sector and thereby the number of visitors willing to pay for a thrill. "The country is becoming a paradise for sex tourism before our eyes," says Yuri Lutsenko, Ukraine's interior minister, who worries about the trend. Police experts forecast that Ukraine's sex industry will more than double its revenues this year, generating $1.5 billion. But Anna Hutsol, head of Kiev-based women's rights group FEMEN, is worried that the prostitution boom and Ukraine's deepening unemployment will increase the exploitation of vulnerable women. "There are girls without jobs...
Those numbers could be used by governments to establish a pathway for future emissions reductions. Suppose, for example, we wanted to hit a global emissions target of 30 billion metric tons of CO2 in 2030, or about a 30% cut from the business-as-usual forecast of 42 billion metric tons. That would translate to a global individual emissions cap of 10.8 metric tons of CO2, which 1.13 billion people - less than 15% of the global population in 2030 - would exceed. Emissions-reduction efforts would focus on the well-off people above the cap, whatever country they live in. That...
...thread that binds them is the China story. The Organization for Economic Cooperation and Development recently revised its GDP growth forecasts for the country from 6.3% to 7.7% in 2009 and from 8.5% to 9.3% in 2010, on the back of government stimulus spending that appears to be making up for a steep drop in exports. The World Bank has also raised its 2009 forecast from 6.5% to 7.2%, and projects that China will replace Japan as the world's second largest economy in two years. (See 10 things to do in Shanghai...
...Russia Planning for A Post-U.S. World Russian President Dmitri Medvedev hosted the first summit of the world's largest emerging economies to discuss efforts to reduce their reliance on the U.S. The so-called BRIC states--Brazil, Russia, India and China--are forecast to become four of the six biggest economies in the world by 2050. The group, which holds some 40% of the world's gold and hard-currency reserves, has announced plans to shift some out of U.S. dollars. "There can be no successful global currency system," said Medvedev, "if the financial instruments used are denominated...
...growth of U.S. electricity consumption over time. But carbon offsets are dicey, and may not actually provide the emissions reductions they claim to. (Studies have called into question the quality of the offsets run under the U.N.'s Kyoto Protocol system.) And a new EPA analysis of the bill forecast that the total amount of renewable energy generation under Waxman-Markey would actually be less than the renewable energy that would have been produced without the bill. (The share of renewables in the total U.S. electricity market will be larger under the bill, because total electricity use will have dropped...