Word: investments
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...some 760 outlets across India, while Big Apple aims to have 100 of its 7-Eleven-style convenience stores in Delhi alone by the end of this year. Reliance Retail, a division of India's biggest conglomerate and arguably the most formidable player in the retail market, plans to invest $5.5 billion to open outlets in 784 cities across the country. At the same time, foreign companies such as Tesco and Carrefour are trying to gain a toehold via joint ventures with local players, following a government ruling that prohibits foreign big-box retailers from entering the market full...
...With so much at stake, China will likely do whatever it takes to overcome concerns. After all, the ARJ21 represents only the beginning of the country's aerospace ambitions. At the Paris Air Show in June, Bombardier announced it plans to invest $100 million with ACAC in designing additional versions of the ARJ21. Ultimately, China intends to go toe-to-toe with the biggest in the business. In March, Chinese leaders pledged to invest at least $6 billion to produce a 150-seat jetliner that by 2020 could be competing with the Boeing 737 and Airbus A320. "The ARJ21...
...recent years, are now turning back to coal. There's no shortage of investors. Despite objections from environmental groups, the Asian Development Bank (ADB) last month agreed to fund the $1 billion, 2,200-megawatt Mong Duong coal plant in northern Vietnam. Greenpeace has urged the ADB to invest in alternative-energy projects instead. But technologies such as wind power aren't advanced enough to meet Vietnam's needs, says Woo Chong Um, the ADB's energy director for sustainable development. "We're trying to keep [Vietnam] as clean as possible under the circumstances," Um says. "But in the meantime...
Real reform, Babson says, would require North Korea to abandon its pipe dream of agricultural self-sufficiency--with a dearth of arable land, the country is literally dirt poor--and invest in labor-intensive manufacturing. But rebuilding the country's roads and ports and installing a reliable electrical grid would take billions of dollars in international loans--hardly a bright prospect given the country's history of defaulting on its obligations...
...point is - and this is very, very simple - instead of cajoling people into doing something that is very expensive, which is hard, why not actually make it much cheaper? Instead of convincing more and more people to buy expensive solar panels, for instance, why not invest in research and development so that these become much cheaper - competitive with fossil fuels, or maybe even cheaper. If we could get there, we wouldn't have to have this conversation...