Word: risk
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...seconds - but the damage caused by the 6.9-magnitude quake was impressive. It killed 63 people, injured thousands and caused $7 billion worth of damage throughout California's Bay Area, including major destruction to the Oakland Bay Bridge. "It was a good sized shock," says Peter Yanev, chairman of Risk Solutions International and the author of Peace of Mind in Earthquake Country. (See pictures of San Francisco...
...board of the U.K.'s National Obesity Forum. The issue of whether parents should lose custody of their obese children took center stage two years ago with a British television documentary about Connor McCreaddie, an 8-year-old who weighed more than 200 lbs. and was at risk of being taken from his mother by authorities. She eventually weaned him off processed foods and retained custody...
...That steady stream of suppliers has seemingly made Russia eager to make deals with its neighbor rather than to lose out to its competitors in the Persian Gulf and the Caspian. Says the Eurasia Group, a risk consultancy in Washington, in its research note on Thursday: "Gazprom increasingly has an incentive to lock in a share of the Chinese market, as it sees growing competition from Central Asian suppliers as well as LNG suppliers such as Australia, Qatar and even Papua New Guinea...
What should be done to fix the nation's retirement system? Any retirement-savings system that is to be used by a majority of Americans should accomplish a number of goals. First of all, it should encourage participation. Second, it should help working Americans manage risk by providing the tools needed to diversify their portfolio without overwhelming them with investment choices. Third, built into the system should be some form of objective, non-commissioned advice. And lastly, we need to ensure that once people have hit retirement, they have access to a product that provides low-cost, guaranteed income throughout...
...brazenness of the hit on Ivankov suggests that Russia's mobsters are acting with greater impunity and disregard for the law. The government now faces a major test: it needs to back up its new laws with determined action, or risk losing control of the streets to the ever-more-powerful mafia clans for good...