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Word: moneyitis (lookup in dictionary) (lookup stats)
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...made redundant and now live on benefits as a result of the credit crunch brought about by our banking fraternity. Like many, I felt disappointed that, after 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 »

...awards talk. Haneke takes a very pragmatic view of his newfound popularity. "Awards are important for all directors because they improve your working conditions," he says. "You're only as good as your last film, so if you get prizes or large audiences, then you get more money for your next film." But success and money is unlikely to change his style. Throughout his career, Haneke hasn't attracted controversy so much as courted it and if his films are looked upon as bleak diatribes on the human condition, frankly, he doesn't care. He first turned stomachs...

Author: /time Magazine | Title: Michael Haneke's Film Noir | 11/30/2009 | See Source »

...With schemes now proliferating across Indonesia and the globe, the U.N. estimates that REDD revenues could pump up to $30 billion a year into the developing world, promising much-needed revenue at a time when rich nations still haggle over how much money to give poorer countries to help them adapt to climate change. REDD will likely be part of any global climate pact negotiated in Copenhagen. "Everyone has got a lot of hope in REDD," says Joe Heffernan, an expert in environmental markets...

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

...Money Tree Ulu Masen received a boost last year when U.S. bank Merrill Lynch pledged to invest $9 million over four years. "That gave the project a lot more certainty," says Dorjee Sun, chairman of Sydney-based firm Carbon Conservation, which is helping Aceh's provincial government devise the scheme. "It showed there was appetite from investment banks to buy these credits." Merrill Lynch calls Ulu Masen "the world's first commercially financed avoided deforestation project." Money has been followed by political muscle: a year later, Arnold Schwarzenegger of California, along with the governors of Wisconsin and Illinois, signed...

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

...REDD will alleviate poverty, preserve rain forests, protect endangered species and do more to avert catastrophic climate change than grounding jets and banning coal. It also offers a rare partnership between two disparate and often conflicting worlds: capitalism and conservation. With REDD, you can save the planet and make money...

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

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