Ambassadors recalled just as relations were getting better. By an IWPR-trained reporter (SB No. 73, 28-Aug-09) A row over charges by Baghdad that Damascus is harbouring former Iraqi cadres responsible for the latest deadly attacks in Iraq is likely to escalate and hinder cooperation between the two nations, Syrian analysts say. The new tensions abruptly […]
General Motors files for bankruptcy
General Motors files for bankruptcy By Jo Hedesan THURSDAY JUNE 04, 2009 Photographer: John Manoogian III DETROIT (The International) — On June 1, 2009, General Motors filed for bankruptcy under US chapter 11. The move was expected, but it still struck people worldwide as the end of an era. The news was reported in more than 11,300 online […]
Old Media is dying, so what is to be done?
Recently, the New York Times and Washington Post, both flagship newspapers, announced layoffs as a result of declining ad revenues, competition from online news sources, and, of course, the deepening economic downturn. In addition to layoffs, the Times is slashing non-union salaries by up to 5% for the remainder of 2009 and forcing furloughs, and […]
Financial crisis: IMF urges African countries to draw-down on reserves
THE International Monetary Fund (IMF), has advised African countries to maintain spending from their reserves through the current crisis period, to avoid a debt trap. Nigeria has already fallen back on its reserve, which rose to 67 billion dollars last year, but dropped to 48 billion dollars in April, due to falling prices of oil […]
Black Days for Industries
The economy seems to be sailing like a rudderless ship which has lost its captain. Everyone connected with the economy is coming up with his own revival theories, without taking any practical steps, resulting in a steep productivity decline. Economic experts are appalled at the indifferent approach of the economic managers of the country. They […]
The Border War: An Arizonan’s Perspective
As an "almost native" long term Arizonan who is now in political exile in large part due to the illegal immigration situation and border wars going on now in my former home state, I cannot begin to express the outrage and betrayal I felt on behalf of myself and my fellow Arizonans who have thus […]
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