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...hedging, according to industry analyst Cordle. The low-cost carrier, which largely serves the West Coast, has netted more than $100 million in savings from its smart hedging positions since 2002. This year the airline will buy half its fuel at $30 per bbl. But like Southwest's, that spread will diminish by the end of the decade. By then, all airlines will have to face the reality that their core business--not their fancy financial instruments--can be the only guarantor of success. JetBlue, the profitable low-cost carrier, is less hedged than Southwest and Alaska, largely because...

Author: /time Magazine | Title: Energy: Hedging Their Costs | 6/20/2005 | See Source »

...Africa." There is also self-interest. Tanzanian President Benjamin Mkapa points out that disease and despair will hurt the rich world by driving illegal immigration and the dissemination of killer germs if left unchecked. "You can't build a fire wall around Africa and expect its problems not to spread," Mkapa said at the meeting. But the rich world has given Africa around $1 trillion over the past four decades and the continent is poorer than ever. And many of Africa's woes have been self-inflicted: corruption, wars, mismanagement. True and true. Over the past decade or so, however...

Author: /time Magazine | Title: Time to Play Fair | 6/19/2005 | See Source »

However, as news of the contents of the report spread, faculty and students began to express strong concern over the perceived lack of a guiding vision in the report and its failure to adequately define key aspects of its recommendations...

Author: By Allison A. Frost and Evan H. Jacobs, CRIMSON STAFF WRITERSS | Title: For Gen Ed Committee, Debate But Few Results | 6/9/2005 | See Source »

...large crowd spread the police presence thin and created long lines at the porta-potties, exacerbating the problem of public urination...

Author: By Joshua P. Rogers, CRIMSON STAFF WRITER | Title: Tailgate Comes Under Fire From BPD | 6/9/2005 | See Source »

Some of us believe that climate meltdown will just destroy nature. In fact, its destructive power will be levelled primarily at us and our society. For instance, with the increase in winter temperatures throughout North America, tropical diseases will spread northwards from the equator. The Pew Center for Climate Change estimates that, by the time we return for our 50th reunion, dengue hemorrhagic fever, a disease for which there is no known vaccine, will have begun entrenching itself in Texas and surrounding states. Malaria and untold mosquito-born pathogens will appear shortly afterwards...

Author: By Nicholas F. Josefowitz, | Title: The Real Hot War | 6/8/2005 | See Source »

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