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...left Harvard to launch his own hedge fund. Timber “is also a good diversifier since its returns will not correlate closely with returns from equity markets,” Meyer added at the time. The majority of the Kaingaroa forest, located in the Central North Island of New Zealand, is made up of radiata pine—generally used for building material. It is considered one of the “premier timber estates in the world,” according to a statement from the fund, pointing to the forest’s impressive growth rate...

Author: By Cyrus M. Mossavar-rahmani, CRIMSON STAFF WRITER | Title: Harvard Chops Stake in Forest | 11/1/2006 | See Source »

Does your idea of a great tropical vacation include tequila slammers and dance contests? Then the Baros resort in the Maldives is not for you. Like the coral reef that encircles the tiny private island in the North Male Atoll, Baros is so serene[an error occurred while processing this directive] you'd never guess that it's teeming with life. Despite a 97% occupancy rate during my stay (in low season, no less), I sometimes felt I was on my own island. Frangipani, hibiscus and towering coconut palms camouflage the resort's land villas - where a staff...

Author: /time Magazine | Title: Paradise Found | 10/31/2006 | See Source »

...answers with a firm but friendly Fijian yes. For Fraser, writing the original play was the beginning of his own belated Pacific homecoming. His subsequent play Paradise was set in a Fijian island resort in the weeks before the May 2000 coup attempt, and it was while in Suva on a writing residency in 2001 that Fraser began his screenplay for No. 2. "Fiji is still an enigma for me," he concedes. But "I figure I know what makes New Zealand tick these days, especially Mount Roskill." With its Pacific wave, New Zealand cinema is all the more refreshing...

Author: /time Magazine | Title: Second Homecoming | 10/30/2006 | See Source »

...That fervor is being fueled by the bare-knuckled veterans who are heading up their House and Senate campaigns--New York Senator Charles Schumer and Chicago Congressman Rahm Emanuel--who have been urging their candidates to punch back at Bush directly on national security. And they have. In Rhode Island, Democratic Senate nominee Sheldon Whitehouse has been running an ad in which he says, "We need to send a clear signal that, folks, we are really getting out" of Iraq. So upended is the political calculus that it is now Republicans like Senate majority leader Bill Frist who are urging...

Author: /time Magazine | Title: Bush's Lonely Election Season | 10/29/2006 | See Source »

...echo Bryan Walsh's article about the housewives' joint effort in pushing the Kitakyushu government and business sectors to work on pollution. I live on the southern tip of Hong Kong island overseeing the South China Sea. But in recent years, my house's windows oversee smog rather than the nearby outlying islands of Hong Kong. In September, my 4-year-old son suffered from respiratory infection twice and was prevented from going to school. The poor air condition in Hong Kong has reached an alarming level. Fredrick Yip Chi Wing Hong Kong...

Author: /time Magazine | Title: Letters | 10/28/2006 | See Source »

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