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...found myself in a minority and implementing decisions I was uncomfortable with." Asked what is his prime motivation, he answers: "It has always been fear." During the years of famine, it was "fear that this nation, which was great 1,000 years ago ... may be on the verge of total collapse." Today it's "fear that the light which is beginning to flicker, this Ethiopian renaissance, might be dimmed by some bloody mistake by someone, somewhere." Considering the region's history, fearing a bloody mistake seems a wise policy...
...Kyoto Protocol and has long expressed doubt about global warming. Australia is second only to the U.S. in per-capita carbon dioxide emissions among major countries, and it's the world's biggest exporter of coal, the cheap, dirty fuel responsible for a quarter of the world's total carbon emissions...
...plants, hydropower is a relatively clean and inexpensive solution. But dams also have severe, long-term environmental consequences. Vietnam's Mekong Delta, where the river finally meets the sea, is a vast web of waterways that serves as a giant rice bowl, providing the nation with half of its total agricultural output. Yet in part because of the increasing number of dams reducing the flow of the river, salt water from the South China Sea has begun traveling up the Mekong. The influx of brackish water over the past few years has ravaged farms and fisheries. This spring...
...shared approach, although most of what it is sharing now is pain. The company's woes--ranging from 10,000 announced layoffs this past spring to the two-year production delays (costing an additional $3 billion) of the A380 have wiped out the lead it had on Boeing. Total orders so far this year show Boeing with 701, 13 more than Airbus. In the weeks following the highly publicized 787 rollout on July 8, Boeing posted its largest quarterly profit in nearly four years, at $1.1 billion. And for the first time, its commercial-airplane unit earned more than...
...Every time an American baby is born, the Federal Government would invest $5,000 in that child's name in a 529-type fund - the kind many Americans are already using for college savings. At a rate of return of 7% - the historic return for equities - that money would total roughly $19,000 by the time that baby reaches age 20. That money could be accessed between the ages of 18 and 25 on one condition: that he or she commits to at least one year of national or military service. Like the old GI Bill, the money must...