How badly will global warming hurt the world economy? The answer in yesterday's new report by the Intergovernmental Panel on Climate Change is clear. Depending on the assumptions, er… uh, carry the four… add the pure rate of time preference… hmmmm, we can't say without caveats.
Global warming is depleting fresh water and crops, destroying coral reefs and melting the Arctic, the United Nations said today in a report that concludes the world is ill-prepared to face many new threats.
Though it has knowhow and wealth, the U.K. has never had much success creating biotechnology startups to rival such U.S. triumphs as Genentech Inc. and Amgen Inc. One explanation for this difference can be summed up in two words: Ronald Reagan.
From her leafy, 11th-floor rooftop terrace at the headquarters of Soho China Ltd ., billionaire Zhang Xin scans the relentlessly expanding Beijing skyline she helped create. Zhang’s avant-garde buildings -- some sleek as chopsticks, others stepped like rice terraces -- became part of the hottest real estate market on Earth in 2010.
The U.K.’s National Health Service considers patents for diagnostics and genes “unacceptable, unenforceable and detrimental to the delivery of patient services” and is deliberately ignoring them, the U.K.’s Financial Times reported.