Word: secondings
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...government hopes to have 120 million doses of vaccine ready to fight the new virus, which is currently spreading around the world in the first pandemic in more than 40 years. Already, H1N1 is hitting the southern hemisphere hard: Argentina has recorded more than 160 deaths from H1N1, second most after the U.S. That's because it's winter in the southern hemisphere, and flu infections tend to spike during the fall and winter months in temperate countries. (Read "Who Should Get the H1N1 Vaccine First...
...Areva has benefited from nuclear power's second coming as much as any other company. But its 2008 profits - $824 million on $18.4 billion in sales - were down 17% from 2007, due mostly to a whopping $2.4 billion write-down linked to construction troubles with its Finland reactor. The Finnish project was supposed to showcase Areva's third-generation earthquake- and missile-proof design, known as a European Pressurized Reactor (EPR). Areva beat out Westinghouse and General Electric-Hitachi in 2003 to win a contract with Finland's main utility Teollisuuden Voima Oyj (TVO) to build the plant. GE-Hitachi...
...competition is heating up. Siemens now looks set to form a partnership with Rosatom, Russia's main nuclear-energy company and the world's second largest. The move will give the Russian firm new technological and engineering credibility, and mean another strong rival for Areva right in its own backyard. And China's push for nuclear plants is likely to presage competition from that country. "China wants the ability to build its own nuclear facilities in the future," says Nicolas Véron, a capital-markets and foreign-investment expert with Brussels think tank Bruegel. "A large part...
Read the first, second, and fourth excerpts from Reset...
...details. (Both sides had a case.) But Clinton, as President, didn't waver from his belief that a grand bargain with the North was possible - not just denuclearization but an eventual peace treaty and normalization of relations between Washington and Pyongyang. In October 2000, late in his second term, Clinton sent his Secretary of State, Madeleine Albright, to meet with Kim Jong Il in Pyongyang, where they famously clinked champagne glasses. The former President even flirted with the idea of going to North Korea himself right up until the end of his presidency; in the end, he didn't, because...