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Salon (March 6)

2014/ 03/ 07 by jd in Global News

“Someday, not all that far in the future, sea level rise is going to drown our coastal cities. And it’s not only our homes and livelihoods that are at risk, but also our culture.” Of 720 UNESCO World Heritage sites, a new study asserts 136, including the Statue of Liberty and Sydney’s famed Opera House, might be left underwater. Other losses will likely extend to Venice, the Tower of London, the leaning tower of Pisa, Westminster Abbey and central Bruges, Naples, Riga and St. Petersburg.

 

Washington Post (March 6)

2014/ 03/ 06 by jd in Global News

Russia’s energy stranglehold around Europe, which imports about a third of its fuel from Russia, must be loosened. “In the long term, Europe and Ukraine should continue to make their energy markets more flexible. Ukraine should consider building an LNG import terminal on the Black Sea, and the country must clean up its notoriously corrupt energy production sector.” Abundant supply in the U.S., Norway, Qatar and Eastern Europe can also play a role in freeing Europe “from Gazprom’s grip.”

 

Financial Times (March 4)

2014/ 03/ 05 by jd in Global News

The Chinese Government appears to be getting serious about tackling air pollution. “The danger is that the leadership of the Communist party will conclude that it needs fast growth more than it needs clean air, clean soil and clean rivers. That would be a mistake.”

 

New York Times (March 3)

2014/ 03/ 04 by jd in Global News

“Prime Minister Shinzo Abe’s brand of nationalism is a becoming an ever more serious threat to Japan’s relations with the United States. His use of revisionist history is a dangerous provocation for the region, which is already struggling with China’s aggressive stance in territorial disputes in the East and South China Seas.”

 

Wall Street Journal (March 2)

2014/ 03/ 03 by jd in Global News

“The fundamental economic issue facing America” is not headline-grabbing income inequality, but rather “jobs—their scarcity and the quality of those that people manage to find.” When the marginally employed are included, the real unemployment rate is closer to 13% and part-time jobs now account for 18% of the workforce. “Job losses in the low-wage and minimum-wage category is the critical issue of our day: Too many of the poor are not working full time or at all.”

 

The Economist (March 1)

2014/ 03/ 02 by jd in Global News

Businesses can never fully eliminate fraud, but directors and executives must “treat it like any other unavoidable risk, and manage it professionally.” This means listening carefully to whistleblowers. “Three times as many frauds are discovered by tip-offs than by any other method…. Firms with fraud hotlines, which staff can call anonymously, suffer smaller losses from fraud, and cut by seven months the ‘exposure gap’ between the start of an illicit scheme and its discovery.”

 

Chicago Tribune (February 27, 2014)

2014/ 03/ 01 by jd in Global News

“Even if climate change turns out to be overblown, there’s no real downside in a carbon tax. We merely would have traded a tax that reduces good things, such as work and investment, for a tax that reduces bad things, such as environmental harms and hazards. If done in a revenue-neutral way, it would more likely speed economic growth than slow it.”

 

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