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...being rescued with billions in taxpayers' money, they were still trying to give each other annual million-dollar bonuses. But then I felt better - I too was to receive a Christmas bonus: an extra ?10 in my December unemployment benefits. I can now almost afford a haircut. Joe Field, LONDON...

Author: /time Magazine | Title: Net Loss | 11/30/2009 | See Source »

...least that's the advice of the jungle- hardened rangers who patrol just one corner of this 1.9 million - acre (7,700 sq km) wilderness. They are trained by the London-based conservation group Fauna and Flora International (FFI) to protect Ulu Masen from illegal loggers and poachers, who greedily eye its valuable hardwoods and teeming wildlife: elephants, gibbons, tigers, leopards, bears, pythons and scaly anteaters. The rangers' work might seem remote from the modern world, but it has implications far beyond Ulu Masen's frontiers - from Africa and the Amazon, which along with Indonesia are home to what...

Author: /time Magazine | Title: Protecting Jungles: One Way to Combat Global Warming | 11/30/2009 | See Source »

...Developing Countries - that offers a powerful financial incentive to keep forests intact. Here's how it works. Preserve Ulu Masen, and over the next 30 years an estimated 100 million tons of carbon are prevented from entering the earth's atmosphere - the equivalent of 50 million flights from London to Sydney. Those savings can be converted into millions of carbon-offset credits, which are sold to rich countries and companies trying to meet their U.N. emissions-reduction targets. The revenue produced by the sale of credits is then ploughed back into protecting the forest and improving life in communities living...

Author: /time Magazine | Title: Protecting Jungles: One Way to Combat Global Warming | 11/30/2009 | See Source »

...business - and it isn't the only ad shop selling its own branded products. New York City agency Anomaly produces Eos, a line of women's cosmetics; Miami-based Crispin Porter + Bogusky is the brains behind Twist cleaning products. And Brooklyn Brothers, with offices in New York City and London, produces a line of organic milk chocolate called Fat Pig. (See the 50 best inventions...

Author: /time Magazine | Title: Having It Both Ways in Advertising | 11/30/2009 | See Source »

...Agencies typically enlist partners to handle manufacturing, distribution and, sometimes, financing. To launch the Ila Dusk, for example, Zag teamed with Locca Tech, a U.K. security-products company. In some cases, agencies work with clients to create new products, eschewing fees in exchange for a piece of the action. London agency Erasmus and Coca-Cola jointly developed an energy drink called Relentless that is being rolled out globally. "It's all about shared risks, shared rewards, shared ownership," says Graeme Dignan, Erasmus co-founder. (See business bucking the recession...

Author: /time Magazine | Title: Having It Both Ways in Advertising | 11/30/2009 | See Source »

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