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...private financial resources to support mitigation and adaptation in developing countries need to be scaled up urgently and substantially," the statement said. Negotiators also eliminated a section of the agreement that would have specified that funding for climate adaptation had to come in addition to existing levels of foreign aid. Instead, the G20 leaders directed their finance ministers to return to the issue later in the year - with just three months to go before Copenhagen. "You do want your finance ministries working on this," says Jake Schmidt, international climate policy director for the Natural Resources Defense Council. "But they need...

Author: /time Magazine | Title: G20 Leaders Agree, Broadly, on Climate Change | 9/26/2009 | See Source »

...fill the void created by the failure to bring progress to the rural areas. And as bad as Karzai's government of patronage may be, part of the blame for the lack of progress must also go to the international donors who concentrated on mega projects carried out by foreign corporations and their armies of gun-toting security contractors. Tapping into a seemingly limitless river of funds became an end in itself, rather than completing the actual bridge or road they were supposed to build...

Author: /time Magazine | Title: Why Karzai May Be Obama's Best Bet in Afghanistan | 9/25/2009 | See Source »

...task force will help formulate a restructuring plan, to be finalized by the end of November. Relative to other carriers, JAL has a high portion of revenues coming from non-flying businesses and potential spinoffs could target freight operations and less profitable operations. JAL is also being wooed by foreign carriers that might invest for minority stakes in the airline. "There aren't many solutions for JAL," says JP Morgan Securities airline analyst Hitoshi Hosoya. "What it needs is capital - cash." (See 10 milestones on the road to GM's bankruptcy...

Author: /time Magazine | Title: Japan Airlines Needs GM-Style Bailout | 9/25/2009 | See Source »

...President, during the summer you blamed foreign elements, foreign reporters, foreign governments, for the protests that followed the election. The foreign press is gone from Iran, but the protests continue so I would like to know what you think is behind them and why heroes of the Islamic revolution like Mr. Rafsanjani and Mr. Musabi should be involved in the opposition. What rights exactly does the opposition have under your constitution? What we have in Iran are freedoms and competition. Is there anything from with Mr. Rafsanjani and Mr. Musabi competing with me or even being opposed to my views...

Author: /time Magazine | Title: TIME's Interview with Iranian President Mahmoud Ahmadinejad | 9/25/2009 | See Source »

...needs a humanitarian solution and we know ways around to do that because we live in one area and we have the cultural and historical ties. We know each other, understand each other, each other's cultures and ways of life and traditions. In the past 100 years, no foreign military force has been able to leave Afghanistan victoriously. If the US decision makers were fully aware of the extent of this history they would have revised their policies...

Author: /time Magazine | Title: TIME's Interview with Iranian President Mahmoud Ahmadinejad | 9/25/2009 | See Source »

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