By Anne Szustek In exchange for a $30 billion bailout, AIG agreed to hand over control of two of its divisions to the U.S. government. The agreement marks the company’s third federal bailout in five months. Bailout Number Three for AIG The U.S. government will take over two divisions of insurance conglomerate AIG: a […]
Zimbabwe’s Power Share Will Last Because ‘Mugabe Needs Tsvangirai’
Zimbabwe’s power-sharing government of President Robert Mugabe and Prime Minister Morgan Tsvangirai is for real. Contrary to widespread sentiment, mainly propagated by a skeptical media that wanted nothing else but Mugabe to go, the marriage is going to last because "Mugabe needs Tsvangirai more than he needs oxygen", one political analyst joked. Mugabe has been […]
Wall Street Losses Could Mean Big Gains for Students
Wall Street Exodus Amid market volatility, many professionals who have been uprooted from their jobs find themselves pursing unexpected career paths such as teaching, hoping to find stability and fulfillment. A sudden spike in applications for teaching positions is an indicator of a trend of trading in Wall Street for Sesame Street, relishing the opportunity […]
Op-Ed: Obama, Please Drop Stimulus Packages
According to press reports — and even recent suggestions by President Elect Barack Obama, now less than three weeks before Christmas 2008, and precisely one month before he takes the Oath of Office — the astute, well-meaning and determined new administration is about to make a horrid blunder: wasting what enormous tax dollars it now […]
Hundreds Die in Nigeria’s Post-Election Riots
by Elia Varela Serra Hundreds of people are reported to have been killed in the violence that erupted in Jos, Plateau State, Central Nigeria on Friday November 28th over a disputed local election. (Photo by citizen journalism portal Sahara Reporters) Saralynn, a missionary based in Jos, described the situation on Saturday: I fled my house […]
The Most Beautiful Retro Christmas Cards
We all enjoy the magic of Christmas and I think that it is one of the things that we should always remember with the same light in the eyes as we did in childhood. Unfortunatelly,in the present, Christmas has became something commercial and, for many of us, just an occasion to take some days off […]
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