Word: staking
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...Court frequently deadlocked between more conservative voices (like Antonin Scalia and John Roberts) and more liberal ones (like Stephen Breyer and Ruth Bader Ginsburg), the next President has the power to appoint a new Justice who will tilt the Court. Perennially debated matters, like abortion rights, could be at stake, along with new hot-button issues such as the rights of prisoners held at Guantánamo. What's less well known is that there are also a number of vital environmental cases facing the Court that could go either way, depending on who wins the Presidency. "There...
...years to a time when the industry was nothing like it is today. In mid-2003, when a barrel of oil fetched about $30, BP made what was then the largest ever foreign investment in a Russian firm. The British company paid more than $6 billion for a 50% stake in TNK-BP, an oil outfit it set up with a consortium of four Russian billionaires. Vladimir Putin, Russia's President at the time, joined Tony Blair, then Britain's Prime Minister, in cheering the joint venture. TNK-BP's CEO, Robert Dudley, hailed it as a "momentous and exciting...
...long term, knowing that patience is key in this capital-intensive business. AAR would like a faster return. Both sides might have done better, in fact, if one had taken overall control. Indeed, Putin recently recalled warning BP in 2003 to "agree to one of you having a controlling stake" in order to avoid "frictions over who is the boss...
What's at stake? Rebuilding Ground Zero was going to be America's statement of defiance to those who attacked us, our Knute Rockne speech to the nation. Seven years later, the lack of progress isn't just keeping us from rising from the rubble in downtown Manhattan. It's showing why we're lagging in the next great challenge to American power...
...billions to reduce carbon emissions will have the same clear effect. One is a sure thing, and the other is a bit of a gamble - and since the world has limited resources for doing good, the thinking goes, best to opt for the sure thing when lives are at stake. It's a position that's earned Lomborg the enmity of the mainstream environmental community - the green website Grist.org once called him "Bjorn Loser" - but he's unshakable. "You give the most to the solutions that do the most good," says Lomborg, who believes that more effort needs...