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...This is unremarkable, of course. It's what advertising agencies do. What is remarkable is how few Chinese companies like Rayken exist. China's service industry is shockingly underdeveloped for an economy that will likely be the world's largest by 2050. In a country of 1.3 billion people, only about 5 million work in health care, just 2 million in jobs related to the environment and conservation, and only 4 million in banking and insurance...
...sense of how technological progress is translating into environmental gains, take a trip to the research campus of Lafarge, just outside the French city of Lyons. The world's largest cement company, with sales of $22.5 billion in 2007, Lafarge has set itself the goal by 2010 of cutting its net CO2 emissions for every ton of cement it produces to 20% below the 1990 level. But it is also steaming ahead with research efforts into smarter, stronger and less polluting products, including ultra-high-performance concrete. Research director Casanova traces the path of innovation back to the 1980s, when...
...Washington Blackwater Guards Charged In the latest blow to Blackwater Worldwide, the largest security contractor in Iraq, five employees were indicted on voluntary-manslaughter and other charges in the deaths of 17 Iraqi civilians at a busy Baghdad intersection. The Justice Department unsealed a statement given by a sixth guard recounting the 2007 incident in which dozens of people were shot. In the account, Jeremy Ridgeway describes how he and five other men opened fire on cars and even a girls' school, claiming it was done without provocation...
...just six months ago this was a country about which many felt hopeful. Last spring, Zimbabwe seemed on the verge of democratically removing the dictator Robert Mugabe from power: Elections had just taken place, and there was evidence that Morgan Tsvangirai, the leader of the country’s largest opposition power, had been victorious. But Mugabe’s network of corruption was too strong to let that happen. After a slew of election recounts, much posturing, and, no doubt, vast amounts of behind-the-scenes violence and threats, Tsvangirai was essentially forced to withdraw from the election. This...
Desperate times call for desperate measures. We have seen one million layoffs in the United States this year, many concentrated in specific industries such as automobiles and computer technology. And, although Harvard faces its largest budget shortfall in history, FAS has announced it will avoid having to fire employees in order to cut costs. Instead, department chairs were notified earlier this week that non-union salaries will be frozen and most searches for tenure-track and tenured faculty will be put on hold. While the salary freeze may be unfortunate, it is a fair and logical step given the dire...