Word: summits
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Though Clinton assured her Indian counterparts that the U.S. "does not, and will not, do anything that would limit India's economic progress," the uneasy exchange illustrated a troubling reality: with less than five months to go before the crucial U.N. climate-change summit in Copenhagen, there remains a deep chasm between developed and developing nations on the issue of CO2. Unless that gap is narrowed - and the world can find a way to fairly reduce emissions from rich countries while making developing nations pay their fair share - years of global climate-change negotiations could finally collapse. (See pictures...
...history of sailing, fewer people have circumnavigated the globe on solo voyages - less than 250 in all - than have attempted to summit Mt. Everest this year. On July 16, 397 days after starting his journey aboard the Intrepid, a 36-foot, $6,000 vessel he purchased with money saved from summer jobs, 17-year-old Zac Sunderland of Thousand Oaks, Calif., became the newest - and youngest - member of that exclusive fraternity. He spoke with TIME about staying awake for days at a time, sidestepping pirates in Indonesia and the many other challenges he surmounted during a voyage that spanned nearly...
China's swipes at the U.S. dollar have been spilling out of Beijing with almost mundane regularity. Every time there is an international economic summit, it seems that some Chinese mandarin reiterates the now familiar complaint that the greenback needs to be replaced as the world's de facto reserve currency. China usually suggests some "supranational" currency as a dollar substitute, to protect it against instability that could arise from any one country's errant economic policies. A favorite suggestion is the use of Special Drawing Rights (SDRs), the unit of account at the International Monetary Fund...
...made on the thorny issues of Georgia and a proposed U.S. missile-defense system in Eastern Europe. After a face-to-face with Prime Minister Vladimir Putin, Obama told a reporter he didn't "anticipate a meeting of the minds anytime soon." Obama departed for the G-8 summit in Italy on July 8 and planned a stop in Ghana before his return to Washington...
...three missing students and the only Harvard student in the group, had set out with a group of roughly a dozen hikers on Sunday to climb Imbabura, an inactive volcano and tourist attraction in northern Ecuador, her mother said. The group enjoyed lunch on the mountain after reaching the summit late Sunday morning but then split up on the way down. Karlan and her companions reportedly got lost in the rainforest and were forced to scale down waterfalls using roots and sleep in dried riverbeds before they were able to continue their trek down the mountain on Monday, Karlan...