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Tucked away in a corner of cantor Fitzgerald's London offices, beyond the sea of bond traders, four people are trying to help save the planet - and turn a nice profit along the way. They are the European staff of CO2e, a top player in the emerging global market in greenhouse-gas emissions. Owned by Cantor, the global financial- services firm, and its Japanese junior partner Mitsui & Co., CO2e's goal is to help mitigate the effects of global warming by buying and selling carbon dioxide emissions allowances. Each allowance unit gives its holder the right to emit one metric...

Author: /time Magazine | Title: Emission Impossible? | 2/13/2005 | See Source »

That image of entrepreneurialism in flower is very different from the conventional view of a destitute Hermit Kingdom. By most measures, North Korea remains one of the most isolated and desperate outposts on the planet. Most North Koreans earn barely enough to feed their families, and the country is plagued by chronic shortages of everything from food to fuel to electricity. But in recent years modest reforms aimed at liberalizing the economy have helped pry open the country just enough for its people to glimpse the possibilities of a better life. In many parts of the country, North Koreans were...

Author: /time Magazine | Title: Cracks in Kim's World | 2/13/2005 | See Source »

...moribund and churning out flops like Tron--by turning out hit movies like Pretty Woman and Beauty and the Beast. The story gets good when things go bad, beginning in the early 1990s, as Disney falls to intracorporate civil war and Eisner's golden gut turns to lead. (Treasure Planet, anyone...

Author: /time Magazine | Title: The Tragic Kingdom | 2/13/2005 | See Source »

What's the hottest destination for 2005? Health resorts, if industry predictions are anything to go by. With 1.7 billion of the planet's 6 billion people classed as overweight or obese by the U.K.-based International Obesity Task Force, the dangers of diets high in fat, sugar and processed foods are more apparent than ever. And spa directors are eager to help. "Most spas initially offered pampering treatments, but with growing competition and a need to differentiate, spas are expanding services to focus on health and fitness," says Naphalai Areesorn, president of the Thai Spa Association. Christine Galle...

Author: /time Magazine | Title: Traveling Light | 2/7/2005 | See Source »

...often meets with freshmen in her on-campus organizations, said that this new restriction will make it harder for her to call meetings with her groups, adding that it was important to have places where freshmen could meet upperclassmen without “trekking to another planet...

Author: By Ying Wang, CRIMSON STAFF WRITER | Title: Quincy Refuses To Feed Frosh | 2/7/2005 | See Source »

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