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...biggest oil reserves. Saudi Arabia cut its production last year in order to prop up world oil prices and is easily the bigger potential oil producer. But oil analysts say that by ignoring OPEC's calls for production cuts, Russia has shown OPEC how little power it wields over non-OPEC producers. Although Russian officials told an OPEC summit last December that they too would cut production, the country "has repeatedly failed to do so, and the Russian government has done absolutely nothing to exert its influence" on oil companies, says Julian Lee, senior analyst at the Center for Global...
...more we think in terms of are we doing everything that is within our power to affect good outcomes, and then expect responsibility from all our institutions - government, business, non-for-profit sector - then I think that's a pretty good recipe for the continued success of the American experiment. And when people see a lack of responsibility - it's part of the reason why people are furious about the bank bailouts - then they feel betrayed, particularly when they're acting responsibly in their own lives...
...mentioned the private sector. There have been studies that have shown that corporate philanthropy is down, corporate giving is down. Corporate social responsibility investment funds are up, but one of the consequences of corporate giving being down is that the non-profit sector, which depends on it so much, is being hurt...
...there anything that government can do to help that sort of leg of the stool, to help the kind of private sector of the corporate world become more involved in the non-profit sector? The President: Well, it's not surprising that when you've had the worst recession since the Great Depression, that businesses are cutting back across the board, and that includes their philanthropic efforts. What that also means is it's going to bounce back once businesses themselves bounce back. So I'm not so much worried about the long-term trends. I think that this...
...Twitter is becoming a hub not just for socializing but also for social action. And as silly as they may sound, "Twestivals" get people to meet off-line to help a local charity. For non-Twitterers, TimeBanks.org is spreading a form of reciprocal community service, including everything from day care to tutoring...