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...motivator. So long as cash continues to flood into environmental investment vehicles, new ones will keep being created. "There is a lot of demand for these eco-products," says Ronald van der Ham, assistant director of equity structuring for ABN Amro, and that is what's driving "the constant stream of new indices and new funds being launched." Lipper FERI, a mutual-fund information provider in London, estimates that Europe's environmental and ecological equity funds alone raised nearly $8 billion in the first three quarters of 2007, almost $4 billion more than...

Author: /time Magazine | Title: Cash Cow | 12/12/2007 | See Source »

Tens of thousands of visitors will stream through 1600 Pennsylvania Avenue this holiday season. Those attending one of the various receptions will be treated to, among other things, chocolate-dipped cookies shaped like White House dogs Barney and Miss Beazley. This year's theme, "Holiday in the National Parks," means models of U.S. landmarks--such as the Statue of Liberty and Mount Rushmore--will deck the halls...

Author: /time Magazine | Title: Briefing | 12/6/2007 | See Source »

...China this summer, and I saw blue skies for an entire week. I took a trip to the north of Harbin, a major city several hours from Beijing, and stopped at the Heilong River just south of the Russia-China border. I saw my own reflection in a stream and drank from a spring without contracting diarrhea. I also climbed an observation tower and saw miles and miles of virgin forests...

Author: By Marion Liu | Title: In Defense of China | 11/19/2007 | See Source »

...about $23. You can still fit plenty in as the park stays open till 11 p.m., and there are lots of restaurants to choose from for dinner. After that, jump back on the train and head to Cheonggyecheon for a stroll along the 3.6-mile (5.8-km) stream near the presidential palace and Seoul City Hall. It's lit until 11 p.m. and there's an abundance of cafés by the stream if you need some caffeine to keep you going. If you still have energy, how about some karaoke? Hop on the subway again...

Author: /time Magazine | Title: One Night in Seoul | 11/15/2007 | See Source »

...outlet. But after watching Corinthians, he decided sports was a better bet. The team was desperate for a benefactor. Despite a fan base of some 24 million, the club attracted fewer than 10,000 people at most games, was more than $20 million in debt and had a revenue stream one-tenth of the $300 million that English powerhouse Manchester United rakes in annually. As for the rest of the Brazilian league, only six of Brazil's top 24 clubs are even profitable. The only way Brazilian clubs have made money lately is to sell bankable stars overseas...

Author: /time Magazine | Title: Brazil's New Player | 11/13/2007 | See Source »

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