Although history is not usually taught this way, one could argue that cities have played a more important role in shaping the world than empires. From Athens and Rome to Paris and Venice to Baghdad and Beijing, urban ideas and innovators have left indelible marks on human life. By concentrating the brainpower of humanity in relatively small geographic areas, cities have promoted the kinds of interactions that nurture creativity and technological advances. They have been the drivers of progress throughout history, and now—as the knowledge economy takes full flight—they are poised to play a leading role in addressing the challenges of the twenty-first century.

The rapid economic growth enjoyed by many of the Asian countries has brought with it acute power shortages and given rise to serious environmental issues. Large amounts of capital investments in alternative energy projects are required to address these challenges.

Prudential Financial, Inc., officially opened its new office tower at a ribbon cutting attended by John Strangfeld, chairman and CEO of Prudential, Cory Booker, U.S. Senator from N.J., Ras Baraka, Mayor of Newark, Donald Payne, Jr., U. S. Representative from New Jersey, Kim Guadagno, Lieutenant Governor and Secretary of State of N.J., and many more dignitaries from the surrounding Newark area.

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As further testament to Honda’s commitment to reducing the environmental footprint of its operations, its wind turbines erected at Honda Transmission Mfg. of America last year are the subject of Honda’s latest entry in its Environmental Short Film Series, called Change Is In The Air.

The current trend towards consolidation in the retail petroleum marketplace is creating momentum for companies to acquire assets much more rapidly than ever before. Strong asset valuations are driving smaller portfolio sell-offs, and the industry continues to see an influx of capital from companies who wish to invest in the US.