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...November of 2007, slammed by the double blow of the loss of venture capital and the reduced urgency for energy alternatives as the price of oil has tumbled. Clean tech startups have already shed jobs, and weaker ones are certain to go under. "The financial crisis has hit us harder than anyone would have imagined," says Marcel Brenninkmeijer, the chairman of Good Energies, a global clean tech investment fund. "We just can't get financing...

Author: /time Magazine | Title: Will Green Enterprises Survive the Economic Crisis? | 1/22/2009 | See Source »

...sudden climate change on a similar scale, and it resulted in a severe famine in Europe, food riots and mass emigrations. Volcanic aerosols have a lifetime of about a year in the stratosphere. The lifetime of soot from nuclear fires is about five years. It's obviously much harder for a society to recover from such an extended cooling...

Author: /time Magazine | Title: Regional Nuclear War and the Environment | 1/22/2009 | See Source »

...money to offer countries they want to influence. There's a lot in Obama's history and rhetoric to suggest he'd love a Marshall Plan--style effort to fight poverty and terrorism in failing states like Pakistan and Yemen. But finding the money is going to be much harder today than it was a few years back. And putting tough conditions on that money will be harder too, since poor countries can turn to China and get cash with fewer strings attached...

Author: /time Magazine | Title: The Solvency Doctrine | 1/21/2009 | See Source »

...grown noticeably soft. The reason is that to most Americans, the war in Afghanistan has always been principally a war against al-Qaeda--to retaliate for 9/11 and eliminate its safe haven--not a war to build a centralized, democratic state in the Hindu Kush, which is a far harder thing. Obama is right to increase America's military, economic and diplomatic muscle in Afghanistan and across the border in Pakistan, but that power surge will work only if he also sets more realistic expectations. Ultimately, the U.S. will have to cut a deal--or lots of little deals--with...

Author: /time Magazine | Title: The Solvency Doctrine | 1/21/2009 | See Source »

...Given the uncertainty, there have been reports of business rivals trying to poach Satyam's employees and customers, which could make it harder for the company, which is suffering a cash squeeze, to continue operating. The government has stepped in and appointed a new board consisting of heavyweights from India's corporate sector, but officials say a bailout is not needed. Satyam is seeking bank loans to help cover salaries and other operating expenses as it tries to regain its balance...

Author: /time Magazine | Title: India Tries to Save Jobs After Satyam Scandal | 1/20/2009 | See Source »

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