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...developed world, much of this work is done in the spirit of “green development,” or use of the de-carbonization movement to propel growth rather than impede it. That movement in and of itself is incredibly unique, as environmental communities in high-income countries have generally been divorced from the rest of the polity. Phil Angelides, director of the Apollo Alliance, an American energy independence project, believes that a global transition to a low-carbon economy would create jobs and over time become the primary engine of development. Angelides notes that between...

Author: By Raúl A. Carrillo | Title: Captain Planet Economics | 10/23/2008 | See Source »

...European governments are insisting these institutions resume their stalled lending to businesses and individuals. But it's clear that even if all goes according to plan, the sort of carefree dishing out of credit that marked the financial sector - and which both underlay the banking crisis and helped to propel Europe's economies - is history. "There won't be a return," says Jean-Marc Franceschi, a banking specialist at law firm Hogan & Hartson in Paris. "It will never be like it was before...

Author: /time Magazine | Title: The Economy's Perilous Waters | 10/15/2008 | See Source »

...News of plans by the U.S. and European governments to inject cash into troubled banks helped propel stock markets worldwide to record gains Monday and Tuesday. For the first time in weeks investors dared to hope that the financial meltdown may be abating. But budding optimism in Europe and the U.S. may not travel far. Emerging countries lacking the financial muscle to prop up their economies still face troubles ranging from slowing trade to food shortages. "In many developing countries, the most urgent crisis is not what is happening in financial markets but what has happened in commodity markets," says...

Author: /time Magazine | Title: The Financial Rescue: Are Poor Countries Being Left Out? | 10/14/2008 | See Source »

...that enable it to scamper up the dense tree branches in Madagascar's few remaining intact forests. The graceful brown lemur bounds effortlessly across openings in the canopy and hangs by its knees to graze on leaves. The dextrous and stealthy white and black sifaka has springlike legs that propel it through the forest like a cat, in quiet, arcing leaps. Watching them move is a mesmerizing experience; it's easy to see how well lemurs have adapted to their native forest, and how helpless they must be when that habitat is lost...

Author: /time Magazine | Title: What Madagascar Needs is a Mascot | 10/1/2008 | See Source »

...narrative around much as Train does the statue head. And just as he rubs it for good luck, so Lee hopes the bonding of slow, sweet, huge Train and little Angelo - a kitschy mix of John Steinbeck's Of Mice and Men and Charlie Chaplin's The Kid - will propel audiences through the screeds on racism and the disasters...

Author: /time Magazine | Title: Spike Lee Goes to War with Miracle at St. Anna | 9/25/2008 | See Source »

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