Word: globalization
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...Still, even if Mote is right, that doesn't rule out global warming as a root cause of glacier retreat. Climate scientists have long maintained - and evidence from the real world is already confirming - that warming doesn't just result in higher temperatures. It also leads to changes in weather patterns, including more intense precipitation in some areas, more severe droughts in others (and sometimes, as in the case of the American Southeast, a little of both). And that may well be what's happening at Kilimanjaro. While strongly disputing Thompson's explanation, Georg Kaser of the Institut...
...short, the answer to the question "Is it global warming or changes in weather patterns?" may be, simply...
Read "A Wind Shift Coming in the Global-Warming Debate...
Just before the global financial crisis exploded, the conference halls in China were alive with the rhetoric of economic reform. Hardly a week went by without some think tank or ministry in Beijing toasting the 30th anniversary of China's great opening to the world and outlining what the next phase of China's historic development would entail. At a time when experts and policymakers everywhere were decrying "global economic imbalances," China would do its bit to rectify them...
...cost of imports while subsidizing Chinese producers who sell their products overseas. As the dollar has declined in value in the past year, so has the RMB - making Chinese goods cheaper in the international marketplace. In other words, China's peg has helped it maintain its share of global export markets at the expense of other countries who let their currencies float. That's exactly the opposite of what needs to happen if rebalancing is to occur. (See pictures of the best-selling cars in China...