Word: hydros
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...north and tinder-dry conditions threaten forests in the south. Soaring temperatures in the central part of Vietnam have unleashed a plague of rice-eating insects, damaging thousands of hectares of paddies. "It's the beginning of everything," Nguyen Lan Chau, vice director of the National Center for Hydro-Meteorological Forecasting, says gloomily. (See pictures of the world's water crisis...
...small-scale agriculture, its "locavore" farm exchanges, with a tax structure reformed to incentivize small business and industry (and to make life difficult for large out-of-state corporations). By 2020, they foresee Vermont producing at least 75% of its own electricity and heat, using wind-, solar-, biomass- and hydro-power. They want to establish a Bank of Vermont owned by the people of Vermont - freed from the arbitrary controls of central bankers - as well as a local alternative currency, with Vermont pension and operating funds invested not in Wall Street but in locally owned financial institutions. "We favor devolution...
...sedans - a detail that Indian-army officers privately admit pains them. In 1962 it was China's superior roads and bridges that allowed its army to move into India so quickly, and the embarrassment continues to gnaw. Raji Nainwal, a student in 1962 and now a consultant on a hydro project in Uttarakhand - another border state - worries, "Our dams are in the Himalayas. If China [is] able to intrude and blast one of [them], then what would happen?" (See pictures of China's investments in Africa...
...uranium." If so, the other big question is whether Venezuela itself will really pursue a nuclear-energy program. Like oil-rich Iran, it's hardly in urgent need of nuclear power: Venezuela has the western hemisphere's largest crude reserves, and 75% of its electricity is hydro-generated. It abandoned its one test nuclear reactor 15 years ago. Still, Chávez says the country needs alternatives, and has struck a deal to receive nuclear-fuel-technology aid from Russia, Venezuela's top arms supplier. "We're not going to make an atomic bomb," Chávez said after announcing...
...with big-ticket IPOs like those of Adani Power and National Hydro Electric Power Corp. falling below their launch prices last week, and smaller entrants like Excel Infoways and Mahindra Holidays and Resorts continuing to trade below listing prices, retail investors are turning wary. The latest IPO, that of state-run Oil India which closed Sept. 10, saw a relatively muted retail response, say investment bankers, with most of the interest coming from institutional buyers. "We've invested very selectively in the companies that have come to markets post elections," says Sukumar Rajah, chief investment officer at Franklin Templeton Mutual...