Members of Congress and former AIG chiefs are playing the blame game during investigations as to what led to the insurer’s downfall. AIG Socked by Credit Default Swaps, then Congressional Probing Former AIG CEOs Maurice "Hank" Greenberg, Martin Sullivan and Robert Willumstad testified during a hearing held by the U.S. House of Representatives Oversight and […]
Declare Siachen as ‘peace park’
Leading Pakistani glaciologists and environmentalists have called for immediate demilitarisation of Siachen and dismantling of all developed infrastructure there, paving way for declaring the area as a `peace park’. The call was made at a seminar ‘Siachen glacier and global climate change: the role of South Asia’ organised by the Sustainable Development Policy Institute (SDPI) […]
Marooned Bihar’s struggle for survival
Bihar is witnessing a desperate struggle for survival by more than twenty lakh people who remain marooned by the flooded Kosi river. It’s a precarious situation — relief supplies haven’t reached most of them. Most of them have moved onto bundhs, railway tracks, highways, which are higher than the surrounding areas. The only silver lining […]
RAH RAH RAH is not the usual cheering chant
Have you been watching games of the PBA (Philippine Basketball Association) on the cable tv lately? I have. I have known a long time ago that basketball is the acknowledged national diversion of many Filipinos, and today the PBA is the biggest sporting event in the Philippines in terms of the number of viewers who […]
Lessons on Joy from Carnival
La Plata, Argentina — On a crisp and cloudless, pre-autumnal night in the beginning of March, a little less than a week after Ash Wednesday and the close of Carnival, we stroll under stars that poke through the orange haze of the cities’ light pollution and the towering Eucalyptus trees lining the walkways of El […]