The EU's Emissions Trading Scheme (ETS) is the ideal environment for laundering money - and if such a scandal emerges, it will mean the end of the cap-and-trade programme, a leading investment banker has warned.
Teodorin's World: Playboy bunnies. $2 million Bugattis. Bags full of cash. Meet the world's richest minister of agriculture and forestry.
What might the Arab uprising mean for the world? No one knows the answer to this question. But this should not prevent one from making a guess at the range of uncertainty.
Two men have been injured in what officials say was an accidental shooting at a central Illinois gun show.
Every time there is a new shooting tragedy the spokespeople from the NRA have to create a response. I’ve heard enough of them to anticipate their verbiage. Here is my impression of an NRA supporter’s response. I think it will go a little like this:
On February 18, the Associated Press reported that the base salary for David Nelms, chairman and CEO of Discover Financial Services Co, increased to $4.55 million in 2010, up from $1 million the year before. He was also awarded a $1.7 million bonus.
The West has to deal with tyrants, but it should do so on its own terms
LESS than two years ago, at the G8 summit in L’Aquila in Italy, prime ministers and presidents sat down to talk about world trade and food security with Muammar Qaddafi. Today Libya’s tyrant is paying mercenaries to shoot his people in the streets like “rats” and “cockroaches”.
A Promising New Financing Model to Accelerate Social Innovation and Improve Government Performance
Current approaches to government funding of social services create significant barriers to innovation. Funding streams tend to emphasize inputs rather than program objectives and are often overly prescriptive, requiring grantees to use a particular delivery model. In many cases, program outcomes are not rigorously assessed, allowing unsuccessful initiatives to persist for years.
The sun is waking up from a long quiet spell. Last week it sent out the strongest flare for four years – and scientists are warning that earth should prepare for an intense electromagnetic storm that, in the worst case, could be a “global Katrina” costing the world economy $2,000bn.