Tag Archives: Economic
Greece, Out of Ideas, Requests Global Aid
BUSINESS STRATEGY – Describing his country’s economy as “a sinking ship,” Greece’s prime minister formally requested an international bailout on Friday, creating the biggest test so far to the European monetary union.
“We drew up a plan, we took difficult and painful measures,” Prime Minister George A. Papandreou said in a nationally televised address. “But the [...]
Underwater Cable an Alternative to Electrical Towers
BUSINESS STRATEGY – Generating 20 percent of America’s electricity with wind, as recent studies proposed, would require building up to 22,000 miles of new high-voltage transmission lines. But the huge towers and unsightly tree-cutting that these projects require have provoked intense public opposition.
Recently, though, some companies are finding a remarkably simple answer to that political [...]