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...also said he hoped that an international climate change treaty could be ratified by next December. While he lauded Harvard’s sustainability plan, he called upon the entire United States to take a leadership role, not only in combating climate change, but also in dealing with larger UN issues. “Unfortunately, over the past few years, the relationship has not been desirable,” he said, eliciting laughter from the audience. Ban said he was pleased about the progress made on global health issues, particularly the active role governments and the business community have played...
...billion into financial markets. The steps are aimed at alleviating growing difficulties Korean banks have faced getting U.S. dollar financing from skittish international banks. Korea's move followed the lead of other Asian governments. Last week, Hong Kong, Singapore and Malaysia guaranteed all bank deposits, part of a larger effort to rebuild confidence in financial markets. A half dozen Asian central banks, including China's, have cut interest rates in recent weeks. Central banks have also taken action to boost liquidity...
...this year. With just about a week to go until Diwali, the mood is decidedly downbeat. The demon of impending economic doom refuses to die, and as tightened liquidity makes people put off larger purchases, the real estate sector is facing the worst attack. "This time last year, I was selling 10 to 12 properties every day," says Alok Gupta, who runs Advanced Real Estate in the New Delhi suburb of Noida. "This time, I haven't sold a single property all month...
...larger problem with the new caffeinated inventions is that their labels don't typically disclose how much caffeine they contain. And yet some of them are crammed with the drug: Sumseeds, a brand of caffeinated sunflower seeds, contain 120 mg of caffeine per packet, 16% more than in a typical 6-oz. serving of coffee. Shower Shock soap is designed to deliver a crackling 200 mg of caffeine when lathered into the skin, twice the amount in that same cup of coffee...
...crisis rapidly resolves itself, Am Ap will have to start leaning toward extremes in order to sustain the success to which it has grown accustomed. If it curbs its retail expansion and fully embraces high-end, it will lose a large portion of its consumer base but will gain larger support of wealthy individuals, who will still maintain their spending power despite the recession. If Charney decides to take his business the other way, he can expand his production operations, which will offer more jobs in an inflated jobless market, cut prices for the consumer, and carve out a larger...