Here in the world's U.S. financial capital, some extraordinary tales of old and new wealth emerged last month. On the eve of a United Nations climate summit, members of the storied Rockefeller family, which made its vast fortune originally in oil, joined in a pledge to divest more than US$56 billion of investments in fossil fuel in favor of clean energy.
Traveling through to Washington D.C. last week to attend a conference on the future of emerging markets, I was cut off from the rest of the world when my Mac hard drive crashed. Luckily my Mexican host was a young computer genius who fixed it by changing the drive to a new flash memory card and lo and behold, my computer is faster and slightly lighter, but I lost all my past files.
The fourth plenary session of the 18th Central Committee of the Communist Party of China (CPC), which opened on Monday, comes with a theme of the rule of law.
President Ma Ying-jeou on Oct. 21 announced further measures to prevent Ebola from entering Taiwan. He is not alone in this, as people and governments around the world are taking precautions to stop the disease from spreading amid media-fueled panic. Some of these measures are more effective than others.
Muslim women in the West do not disown Islam. Like other Muslims, they too love it. They also are not afraid of the anti-Muslim sentiments that emerged after the Sept. 11, 2001 terrorist attacks.
In yet another tragic reminder of South Korea's apparent lack of safety awareness, 16 people fell to their deaths at an outdoor concert in Pangyo, Gyeonggi Province, Friday night.
The Bank of Korea's decision to cut the key interest rate for the second time in two months does not assure that it will help the South Korean economy overcome all the challenges it faces. But overall, it took a step in the right direction, given the downside risks currently surrounding the economy.
In celebrating our American Revolution, we tend to see it as the simple act of a united people whose happy outcome was virtually assured by our declaration of independence in 1776. For us, it becomes an all but inevitable event rather than a messy and contingent business. This view hinders our ability to understand and relate to the revolutions swirling around us, particularly those in the Arab world.
Rumors are a form of cowardice on the part of both their creators and disseminators. Rumors sometimes play a benign role in an oppressed society, as a form of whistle-blowing to expose facts that are detrimental to the authority of those in power. Luckily, we have passed that stage of societal development, yet there are still people, even in legitimate media circles, who like to play with rumors.
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