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...very important energy powerhouse: Russia. Russia's Energy Ministry reported this week that for the first time, the country's exports (about 7.4 million bbl. a day) outstripped those from Saudi Arabia, which has the world's 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...
...academic year, 105 of the 379 students who signed up to use Rosetta Stone logged in more than one hour per week. Doyle said that primary use for the program seemed to stem from graduate students who needed to refresh their memories in order to prepare for their Ph.D foreign language exams. Undergraduates said they were interested in using Rosetta Stone to practice languages for travel. Marino F. Auffant ’10 was one of those students. Auffant signed up for Rosetta Stone’s Korean program because he was going to be traveling to Korea over...
...That's one reason Walmart's plan to standardize a sustainability index is so important. If companies are really improving their carbon footprint - and, one hopes, the way they treat their workers - in order to improve their image and engender consumer loyalty, isn't that a net good thing? And if they are doing it exclusively to help their bottom line, so what? "I don't care whether companies change for the love of the environment or because of their financial interest," says Geoffrey Heal, a Columbia Business School professor and the author of When Principles Pay. "The most sustainable...
...four candidates have loudly rejected a call for black Atlantans - who make up 57% of the city's population - to rally around a single black candidate in order to defeat Mary Norwood, the white city council member. "Mary's not focused on [the race angle]," says Norwood campaign manager Roman Levit. "She's focused on two things: making the city safe, and bringing accountability to the city government." (From TIME's Archives: What makes a city great...
...Clark-Atlanta University professors recently defended a memo they had written for the Atlanta Black Leadership Forum, which caused a media ruckus when it was leaked. Their memo collected a number of statements supposedly circulating in the black community, including a call to rally around Borders in order to avoid a head-to-head runoff election with Norwood. "We have said very clearly that African-American concerns should be considered by all of the candidates," says Clark-Atlanta professor Keith Boone. "It's no more racist for the African-American community to have an agenda than...