| When Local Risks Become Global Risks, and How We Can Minimize Them
Climate change. Middle East instability. International terrorism. Oil price shocks. Weapons of mass destruction. Extreme weather events. The world is fast becoming a riskier place, and the days of wait-and-see are no longer an option, says the World Economic Forum's recently released Global Risks 2007 report. The report, published in cooperation with Wharton's Risk Management and Decision Processes Center and presented to world leaders at Davos in January, identifies 23 core risks -- most of which, the report argues, have worsened over the last year, despite growing awareness of their consequences. It also underscores a growing disconnect between the power of these risks to disrupt the world and our ability to mitigate them. Wharton professor and Risk Center co-director Howard Kunreuther, along with several other Wharton faculty members, played a key role in contributing to the report's methodology.
Equipment Leasing and Finance Association’s Survey of Economic ...
BUSINESS WIRE)--The Equipment Leasing and Finance Association's (1) (ELFA) Monthly Leasing and Finance Index (MLFI-25), reporting equipment leasing and finance activity for February releases today showing overall new business volume for the period declining by 16 percent since January. However, when compared to the same month in 2006, new business volume for February 2007 has actually grown by 17 percent. February originations reported by the MLFI-25 totaled $4.6 billion for new commercial equipment leases and loans, compared to $5.5 billion in January. The February 2006 volume totaled $3.9 billion. The durable goods orders for new shipments (not seasonally adjusted) released by the government March 28 showed an increase of 4.5 percent. Other leading economic indicators, including one for equipment spending orders for nondefense capital goods, suggest a slowdown.
Ayoon wa Azan ( Before Meeting Him )
The April 12, 2007, issue of the magazine the 'New York Review of Books' contains an article entitled "On Israel, America and AIPAC", by George Soros, the world-known businessman. It begins with an accurate and objective analysis of the Palestinian situation, the national unity government and the Arab initiative for peace with Israel. It continues to review the extremism of the official US-Jewish lobby and its dominance of the US policy in the Middle East, with all the harms this has caused to the objective of Middle East peace, and Israel's own interests. I had heard of Georges Soros before meeting him. While the world of economics did not concern me in the least, I have become interested in his activities because some of his political stances and charity activities. Then I followed up on his participation in the annual meeting of the World Economic Forum in Davos, and I found that he was as I had heard about him, or even better.
Glenbard High School District 87 school board
Five candidates are campaigning for three school board seats in Glenbard High School District 87. They include incumbent Rose Malcolm of Carol Stream and newcomers Steven Dale Sebby of Lombard, Ljubomir Spasovski of Glen Ellyn, Tom Stachelski of Lombard and Thomas Trefilek of Lombard. The school district serves Glen Ellyn, Glendale Heights, Carol Stream, Lombard and parts of Wheaton, Bloomingdale, Hanover Park and Addison. The Daily Herald posed questions to the candidates. These are the candidates edited responses. Ljubomir Spasovski did not respond. Q. Why are you running for this office, whether for re-election or election the first time? Is there a particular issue that motivates you, and, if so, what? What will be your main priority? Malcolm. I am running for re-election to my third term.
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A survey has found that 43% of UK shoppers believe the best way to reduce food waste is to improve food planning, says IGD, a think-tank for the food industry. ‘Beyond Packaging: Food Waste in the Home', a survey that explored shoppers' attitudes to waste, found that nearly half the respondents said the majority of food that is wasted is due to ‘bad management'. According to IGD: “It is recognised by the greatest number of shoppers that the best way to reduce food waste it to improve planning. While this is primarily an area that needs to be addressed by the individual householder, the food industry could potentially facilitate this through information provision on providing shoppers with tools that enable them to plan better." Approximately 75% of shoppers also said they “feel guilty" about throwing away food.
GCC Monetary Union: Relevance, Feasibility And Timing (2/2)
This report is the second of two on GCC monetary union by Calyons Africa and Middle East Economist Koceila Maames. It deals with timing. The first, published last week (MEES, 26 March), examined relevance and feasibility. Compared to the situation in the EU countries when they launched their economic and monetary integration process, the GCC countries appear well placed to see the project through. From the point of view of economic theory, the Gulf states form a currency zone considerably more optimal than the Eurozone countries did, or even do now after more than 50 years of integration. An Almost Optimal Currency Zone The theory of optimal currency zones emerged from the debate between fixed and flexible exchange rates. It was presented for the first time in 1961, in an article by Robert Mundell.
Airport poses dilemma for officials
At the Crystal River Airport Wednesday, two Progress Energy jets carrying company executives lifted off late in the afternoon and soared into an afternoon sunset. The executives had spent the day with employees at the Crystal River Energy Complex celebrating the 30th anniversary of the Crystal River nuclear power plant.
Airport backers point to the jets and the company that owns them as a powerful symbol of the airport's economic value to the community. Progress Energy paid $27.5 million in Citrus County property taxes last year and its company jets recorded 60 operations at the Crystal River Airport in 2005. An aircraft operation is one take off and landing."The access that this airport allows us to the Crystal River Power Plant is a very valuable asset to our company," said Phil Kanagy, chief pilot for Progress Energy in a Dec.
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