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...prop up the dirtiest industries in developing countries such as India, essentially allowing the industrialized West to outsource the heavy lifting of greenhouse-gas reduction to the world's poorer nations. "The trouble is the design of the CDM has been to guarantee the cheapest option for the Western countries to balance their carbon books," says Sunita Narain of the Center for Science and Environment in New Delhi. "It's not [just]what is happening in India that is flawed, it is flawed in design...

Author: /time Magazine | Title: An Indian Village Sees the Downside of Carbon Trading | 12/3/2009 | See Source »

This simple principle—that with great power comes great responsibility—is accepted by most prominent public figures, from Obama to other Western leaders to Spiderman’s Uncle Ben. The People’s Republic of China, though, seems to be having some trouble with...

Author: By Karthik R. Kasaraneni | Title: Scrambling in Africa | 12/3/2009 | See Source »

What is deplorable, though, is that by providing an alternate source of investment without any progressive strings attached, China is undermining the efforts of Western reformers who offer corrupt or dictatorial regimes only humanitarian aid or loans that are conditional on political reform. By providing economic opportunity without incentives to liberalize, China is only emboldening and legitimizing tyranny...

Author: By Karthik R. Kasaraneni | Title: Scrambling in Africa | 12/3/2009 | See Source »

...early 2010. As part of that expansion, the Kabul embassy has plans to expand into a neighboring compound and has already signed a long-term lease on property designated to be a new consulate for the northern city of Mazar-i-Sharif. Plans for another consulate, in the western city of Herat, are also in the works...

Author: /time Magazine | Title: Skepticism Greets Obama's Speech in Afghanistan | 12/2/2009 | See Source »

...five men will certainly be complicated by the diminished goodwill between London and Tehran, which has been stretched thin in recent months amid conflict over Iran's nuclear ambitions and disputed presidential election. With Britain often the preferred whipping boy of the Tehran regime's denunciation of alleged Western conspiracies against it, the yachtsmen's capture, made public on Nov. 30, could hardly have come at a worse time. Desperate to play down the incident and avoid a diplomatic row, British Foreign Secretary David Miliband said he was looking forward to the matter "being promptly sorted out." Tehran took...

Author: /time Magazine | Title: British Captives in Iran Face Uncertain Fate | 12/1/2009 | See Source »

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