Word: fractionalism
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...must keep the pressure on our governments if we want them to follow through. As voters and taxpayers, we must give our leaders permission to invest just a fraction of our taxes in $5 mosquito nets and drug treatments that cost pennies apiece. Right now in Washington, Congress is deciding whether to provide $3.6 billion in global AIDS funding, including $600 million for the global health fund, thanks to Democrat Dick Durbin and Republican Rick Santorum. If this money is not approved, people across Africa will have to be taken off lifesaving medications. How mad is that...
Partners in Health began enrolling AIDS patients in Rwanda in June and by last month was treating more than 300 with ARVs. It is on track to reach 1,000 by next spring--but that's just a fraction of the estimated 250,000 HIV-positive Rwandans who need food, housing, clean water and schools as well as medicine. The Global Fund subsidizes the drugs, but donors are reluctant to pay for the calories, arguing that food aid is never-ending and "unsustainable." Farmer, ever the optimist, is undismayed. "You start down this slippery slope," he says...
...company. In 2002 Polaroid was sold to One Equity Partners, an investment firm with a special interest in financially distressed businesses. (One Equity was a unit of Bank One Corp., now part of JPMorgan Chase.) Many retirees believed the purchase price of $255 million was only a fraction of the old Polaroid's value. Evidence supporting that view: the new owners financed their purchase, in part, with $138 million of Polaroid's own cash...
...technology cannot eliminate the difficulty Hubbert identified: the rate of producing oil depends on the fraction of oil that has not yet been produced. In other words, the fewer the fish in the pond, the harder it is to catch one. Peak production occurs at the halfway point. Based on the available data about new oil fields, there are 2,013 billion bbl. of total producible oil. Adding up the oil produced from the birth of the industry until today, we will reach the dreaded 1,006.5-billion-bbl. halfway mark late this year. For two years, I've been...
...decide whether to retire the new designs or try to produce them on a broader scale. In the U.S., Coke worked with MK12, based in Kansas City, Mo., to fashion a bottle that will get Coke noticed in the right places, as in music videos. On his blog, Matt Fraction, one of MK12's founders, described his team's artistic freedom: "They left everyone alone to do the work. No product placement, no credit. They didn't want a Coke commercial...