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In 1964, Arthur C. Clarke perceptively noted that “one day, we may have brain surgeons in Edinburgh operating on patients in New Zealand. When that time comes, the whole world would’ve shrunk to a point and the traditional role of the city as a meeting place for men would’ve ceased to make any sense. In fact, men will no longer commute—they will communicate.” Clarke’s comment predicts rather accurately some of the achievements in man’s outer space activities since the Sputnik launch in 1957 and the signature of the Outer Space Treaty in 1967.
By Joanne Wheeler | March 30, 2012
In an unheralded action in December 2007, the United Nations General Assembly endorsed a comprehensive set of space debris mitigation guidelines, which had been adopted just six months earlier by the Committee on the Peaceful Uses of Outer Space (COPUOS). This landmark decision represented the culmination of a 10-year strategic plan by the United States that was as much unconventional as it was methodical. Today, all the world’s major space-faring nations and organizations recognize the need to control the creation of man-made debris in Earth orbit to protect the space environment for future generations.
By Nicholas Johnson | March 30, 2012
The concept of private enterprise exploiting space to build and grow thriving business ventures is nothing new. It has been around since 1965. That’s when the first commercial satellite, called Early Bird, went into regular revenue service with 240 telephone circuits.
Since then, the private sector has continued to expand its involvement in space activities beyond anything most people could have imagined 50 years ago, when President Kennedy exhorted the nation to land Americans on the moon and return them safely by the end of the 1960s. As celebrated as NASA’s Apollo missions were, climaxing in Neil Armstrong’s radio transmission, “That’s one small step for mankind…” from the moon’s surface in July 1969, it is easy to overlook the fact that private enterprise has designed, built and helped operate the spacecraft and infrastructure for every US civil and military space mission. And the same goes for every other space mission in the Free World.
By Anthony Velocci | March 30, 2012 | 19
Don Drummond is the Matthews Fellow on Global Public Policy at Queen’s University at Kingston. From 2000 to 2010, he was the Senior Vice President and Chief Economist for TD Bank Financial Group. In March 2011, he was appointed Chair of the Commission on the Reform of Ontario’s Public Services.
When Canada is mentioned in the international business press, it is often mentioned in a positive light. We read about Canada’s sound banking system and relatively low public debt or we hear about its GDP and employment growth that has outstripped other G7 countries. But could you give us a more complete picture? What is going well in Canada’s economy and what is going not-so-well?
By Winston Gee | February 17, 2012 | 4
After the Portuguese government requested a bailout from the European Union, many argued that Spain would be next in line. Although recent reforms led by Prime Minister Jose Luis Rodriguez Zapatero provide reason to be optimistic about Spain’s economy, they have come at a high political cost. In fact, Zapatero has announced that he will not run for a third term as Prime Minister to keep his party, the Partido Socialista Obrero Español (PSOE), in power; however, current polls indicate that the PSOE will lose the next election anyway. Despite this weak standing, Zapatero is determined to continue pushing forward controversial economic reforms.
By Jonatan Lemus | January 12, 2012 | 56
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