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  • AIG chief Robert Benmosche sees retirement age at 80 after Euro crisis

    06/04/2012 5:49:05 PM PDT · by Colonel Kangaroo · 14 replies
    Economic Times ^ | June 5, 2012 | Bloomberg
    LJUBLJANA: American International Gro-up Inc ( AIG) Chief Executive Officer Robert Benmosche said Europe's debt crisis shows governments worldwide must accept that people will have to work more years as life expectancies increase. "Retirement ages will have to move to 70, 80 years old," Benmosche, who turned 68 last week, said during a weekend interview at his seaside villa in Dubrovnik, Croatia. "That would make pensions, medical services more affordable. They will keep people working longer and will take that burden off of the youth." The crisis, now in its third year, threatens to destroy Europe's 17-nation currency union as...
  • New report ranks urban sprawl areas

    10/21/2002 1:14:56 PM PDT · by cogitator · 103 replies · 767+ views
    Sprawling Cities Face Many ProblemsWASHINGTON, DC, October 18, 2002 (ENS) - Sprawling metropolitan areas have higher traffic fatality rates, more traffic, and poorer air quality than less sprawling areas, a new study demonstrates. The report, "Measuring Sprawl and Its Impact," is based on a three year research project conducted by professors at Rutgers and Cornell universities. Unlike previous studies, which attempted to evaluate sprawl based on one or two statistics such as density, "Measuring Sprawl" uses 22 variables to rate metro areas on four different aspects of their development. The scores for each factor indicate how badly those regions...