Word: globalizing
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Fewer Harvard Business School students are entering careers in finance, a sign that global stock markets may be leveling off, according to the latest report of an HBS alumnus who correlates MBA career choices with long-term market performance...
...lack of growth in first-time international enrollment raises questions about the future of our nation’s share of the global student market,” CGS President Debra W. Stewart said in the survey’s press release...
CGS’s Heiser said that the global downturn may also have contributed to the fall in international students, who must be able to bear the cost of an American education...
Here's the bad news about the global recession's potentially coming to an end: the recovery could spark a massive energy crisis with increased demand for fossil fuels from China and other developing countries, tighter oil supplies and skyrocketing oil prices. And this is just in the near future. The longer-term picture looks even more daunting. If the world continues to guzzle oil and gas at its present pace, global temperatures will rise by an average of 6°C by 2030, causing "irreparable damage to the planet...
...dire predictions about the world's depleting fossil fuels are in fact known to those closest to the oil wells: oil executives. Yves-Louis Darricarrère, global chief of exploration and production for the French energy giant Total, told TIME last week that the world has "oil reserves of about 40 years at current demands." "It is not so easy to supply the world," Darricarrère said in an interview in south Yemen, where the company just opened a liquefied natural-gas plant. "We will reach a plateau and start to decline." He said that expanding access...