Word: specializer
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...months or longer. "In a nutshell it sends [new plants ]back to the drawing board to address their CO2 emissions," says Bruce Nilles, director of the Sierra Club's National Clean Coal campaign. "In the short term it freezes the coal industry in its tracks." (See TIME's special report on the environment...
...successful Oxfordshire entrepreneurs, who started working as a bartender when he was 18. While some parents might be eager to bring their offspring into the family business, the Gallos recommend that teens be encouraged to take jobs elsewhere, at least initially, so they won't get special treatment from co-workers. "To have a boss, to be part of a team, to get to work on time - there are so many skills kids can get from jobs," says Eileen...
...Fresh Wounds The current financial catastrophe has a special emotional impact on this nation of 49 million people. South Koreans remain scarred by the previous crisis in 1997, with memories of the bankruptcies, unemployment and uncertainty about the future still fresh and painful. In a country where economic success has become an integral part of national identity, the IMF bailout was seen as an embarrassment. Today's financial chaos seems like a return to those tumultuous days. South Korea has been among the Asian countries hardest hit by the global meltdown; its currency, the won, has fallen to levels...
...with a mere $70 million of those toxic mortgage-backed securities that doomed banks in the U.S., while the central bank was well stocked with $240 billion of hard-currency reserves - more than sufficient, economists believed, to protect the economy from any external shocks. "We didn't need a special spotlight," says Yi Jong Goo, standing commissioner at the Financial Services Commission (FSC), the government agency that oversees the country's finance industry. They got one anyway. International bankers and investors yanked money from emerging markets worldwide. South Korea's banks rely more on external financing than most others...
...before it was even fashionable," said the South African singer Yvonne Chaka Chaka of Miriam Makeba, who died Nov. 10 at 76. The first African woman to win a Grammy, Makeba, known affectionately as "Mama Africa," traveled to New York City in 1963. She appeared before the U.N.'s special committee on apartheid to plead for intervention in South Africa. Her nation repaid Makeba by exiling her until 1990, when President Nelson Mandela personally asked her to return...