Word: fractionization
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...world has a water crisis - that much is undeniable. But it's also our own doing. Although just a tiny fraction of the world's 326 quintillion gal. of water is usable by humans, we would have more than enough to go around if we took care of it. We don't. From industrial accidents like the benzene spill in northeastern China three years ago, which contaminated the drinking water of millions of people, to the lack of toilets (or proper sanitation) throughout much of the developing world, we're making good water unusable. As a result, our supplies...
...said he would never take a job he wouldn't want to keep. And he stayed true to that, even before he was wealthy. We don't live long enough, the argument goes, to waste time doing something we don't love. Few people, however, make even a small fraction of a small fraction of what Buffett does. And for those desperate for a paycheck, sometimes any clock to punch will...
...Taliban are present in 72% of the country - the U.S. and its allies are struggling to find a new strategy to stabilize Afghanistan. President George W. Bush has announced that about 4,500 more soldiers will be sent there early in the new year, but that is a fraction of what General David McKiernan, head of NATO forces in Afghanistan, has said that he needs to successfully conduct the war. Meanwhile, allied forces have been forced to rely on local militia leaders for intelligence gathering, delivery of supplies and to better understand the country's southern tribal networks...
Bijlsma runs the consumer luminaries business for Dutch company Royal Philips Electronics. He's feeling particularly upbeat these days because he's about to launch a new line of high-tech products that use only a fraction of the energy of traditional lighting. The oblong object he's holding is a table lamp. It's just one of 50-plus lighting fixtures (luminaries, in the industry jargon) in a new range based on the latest in digital light-emitting diode (LED) technology, which can produce a warm, white light that comes close to rivaling halogen lamps but uses only...
...water delivered via trucks, a process that is time consuming and expensive. The Sachdevs pay less than 2¢ per 26 gal. of water; the poor might pay that for a single quart from a private truck or even more for bottled water. "The rich end up paying just a fraction of the price to water their lawn than the poor do just to stay alive," says William Fellows, the regional water, sanitation and health adviser for UNICEF/South Asia. Worse, waste of the little water that is available is rampant. New Delhi loses as much as 50% of its water through...