Word: halts
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...recession. There's nobody who would say, "We need recessions!" but from an environmental point, it's a relatively simple disincentive that causes people to cut back. But how do you cut back without putting even more people out of work? Without bringing the economy to a grinding halt? That's the challenge. There's this idea that we'll revive the economy with green alternatives, but that's harder to pull off than we think. You can't just swap one form of consumption for another and expect to come out ahead...
...streets weren't the only place hit by gridlock. Negotiations over a new global climate-change treaty to replace the expiring and flawed Kyoto Protocol - meant to culminate at the U.N. climate-change summit in Copenhagen at the end of the year - have all but ground to a halt in recent months. Despite the election of U.S. President Barack Obama, who pledged to reverse eight years of climate inaction by former President George W. Bush's Administration, developed and developing nations remain gridlocked over who should be cutting carbon emissions - and who should be paying for it. Yvo de Boer...
...newly wealthy Chinese crowded baccarat and blackjack tables. But the good times came to a sudden end in late 2008 as the credit crunch paralyzed global financial markets. Gaming revenues sank and casinos laid off staff. Sheldon Adelson, chairman of casino operator Las Vegas Sands, was forced to halt his $12 billion plan to build an Asian version of the Las Vegas Strip on a stretch of reclaimed land called Cotai due to financing woes. The boomtown went bust...
Many a jaded commentator saw Obama's Tuesday meeting with Netanyahu and Palestinian Authority President Mahmoud Abbas as a symbol of surrender to Netanyahu's refusal of the U.S. demand that Israel halt all construction on land conquered in 1967. Instead, Netanyahu offered a partial and time-limited freeze and appeared to force the President of the United States to back down. For Abbas, the handshake with Netanyahu orchestrated by Obama was viewed as a humiliating climbdown from his refusal to talk to the Israelis until they implemented that settlement freeze. (Read about the photo-op peace process...
...peace agreement he could accept. In a bid to reclaim some of the ground he has consequently lost to the more radical Hamas organization, Abbas had refused to meet with the Israelis until they established their bona fides through a settlement freeze. By meeting with Netanyahu absent that halt to construction on occupied territory, the Palestinian Authority President risks further undermining his already diminished authority...