Word: risk
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That was the main message behind the one-day Investor Summit on Climate Risk at the U.N. on Jan. 14. The event connected green luminaries like Al Gore with the unfamous people who direct hundreds of billions in private investment. This was the fourth annual summit, but it may have been the most fortuitously timed of the lot - occurring after Copenhagen, before the U.S. Senate begins its real work on climate legislation this year and just as investors begin to climb out of the recession. The feeling at the session was hopeful - investors, especially large-scale institutional funds that need...
...difficult for lenders to turn a profit, causing many to shut down their payday-loan programs in those states. "Payday lenders are lending unsecured money to individuals with no credit history and no credit score," says Elving. "So it's truly a situation where they have to price for risk...
Keeping up with women's health advice can be exhausting. Between trying to get your 60 minutes of daily exercise without cutting into your eight hours of nightly shut-eye, calibrating your red-wine intake to stave off heart disease without boosting your risk of breast cancer, and figuring out what to make of ever-contradictory health advisories, you'd be forgiven for throwing up your hands and ignoring the whole mess of guidelines altogether. The good news, according to Dr. Susan Love and health psychologist Alice Domar, is that you can go right ahead. In their new book, Live...
...activities that would destabilize the fragile status quo in the South China Sea. Few parties have kept to the spirit of the agreement. The Spratlys, an island chain far larger than the Paracels, are claimed by China, Vietnam, the Philippines, Malaysia, Brunei and nominally by Taiwan, and resemble a Risk game board with territories grabbed pell-mell over the years in a scramble for land and influence. Malaysia has set up a diving resort on one of its own reefs, while most other nations have military posts on their islands. "The ASEAN model has been more or less useless," says...
...Walking such a precarious tightrope means Hanoi - as well as other governments claiming the Spratlys and the Paracels - have to measure their actions carefully. "The real risk in the South China Sea," says Emmers, "is that of a miscalculation that could lead to skirmishes and a clash of arms." As signs of meaningful cooperation are few, most expect this tacit consolidation of interests - including China's economic expansion into the Paracels - to continue. How this chess game plays out may have broader ramifications as the Chinese military extends its clout and influence in the coming decades. "It's an interesting...