tag:blogger.com,1999:blog-72277543286122460492012-02-16T19:17:30.339-08:00Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.comBlogger1911100tag:blogger.com,1999:blog-7227754328612246049.post-64782018174390746432010-05-17T21:54:00.001-07:002010-05-17T22:05:01.392-07:00

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-35901229598978955642010-05-16T23:47:00.001-07:002010-05-16T23:50:27.573-07:00

Whart the hell happens when I post this????Same thing?

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-70594892692856720482009-11-09T05:30:00.000-08:002009-11-09T05:34:13.325-08:00

By DAVID D. KIRKPATRICK and ROBERT PEARPublished: November 8, 2009 http://www.nytimes.com/2009/11/09/us/politics/09abortion.html?_r=1&hpAbortion rights advocates charged Sunday that the provision threatened to deprive women of abortion coverage because insurers would drop the procedure from their plans in order to sell them in the newly expanded market of people receiving subsidies. The

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By Christian BooneThe Atlanta Journal-Constitutionhttp://www.ajc.com/news/atlanta/fbi-former-h-rap-178148.htmlThursday, October 29, 2009A Detroit imam shot and killed Wednesday in a gunfight with federal agents belonged to a Muslim separatist sect led by Jamil Abdullah Al-Amin, better known as 1960s militant H. Rap Brown, according to a federal complaint filed Wednesday.Luqman Ameen Abdullah,

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-63836066536478385122009-10-29T18:34:00.000-07:002009-10-29T18:40:38.249-07:00

Posted by Monique Garcia and Ray Long at 1:42 p.m. 10/29http://newsblogs.chicagotribune.com/clout_st/2009/10/gov-pat-quinn-cta-metra-must-not-raise-fares-in-return-for-state-help.htmlSPRINGFIELD --- Gov. Pat Quinn today said public transit leaders need to commit to no short-term fare increases in return for getting help from state government."We need a commitment, not only from CTA, but Metra and

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-43357273703666283232009-10-29T18:32:00.000-07:002009-10-29T18:34:31.362-07:00

By Robert Schmidt and Ian Katzhttp://www.bloomberg.com/apps/news?pid=20601087&sid=a1ZlLqcUMvZgOct. 30 (Bloomberg)“The large banks are knocking the cover off the ball,” said Daniel Alpert, managing director of New York-based investment bank Westwood Capital LLC. The industry is “making money, though with government help.” The findings “give some fuel to the people who claim that Wall Street hasn’t

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-17731844126569308822009-10-29T18:27:00.000-07:002009-10-29T18:31:17.207-07:00

By Seonjin Chahttp://www.bloomberg.com/apps/news?pid=newsarchive&sid=aN6Xo8cZK22QOct. 20 (Bloomberg) -- Toyota Motor Corp., the world’s biggest automaker, began sales of its namesake brand in South Korea, challenging Hyundai Motor Co. and affiliate Kia Motors Corp. in a country where they have a 72 percent market share. Toyota’s entrance into Korea, Hyundai’s most profitable market, may distract

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-88220753778543438522009-10-29T18:25:00.000-07:002009-10-29T18:27:31.252-07:00

By Seyoon Kimhttp://www.bloomberg.com/apps/news?pid=newsarchive&sid=aWwJswO.syKgOct. 21 (Bloomberg) -- South Korean Finance Minister Yoon Jeung Hyun said he is concerned by the decline in retail and manufacturing jobs during the nation’s economic recovery.“Job market conditions aren’t improving significantly,” Yoon said at a government meeting at the Finance Ministry in Gwacheon today. “It’ll be

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-86408839424925811192009-10-29T18:17:00.000-07:002009-10-29T18:25:54.585-07:00

By Jason Clenfieldhttp://www.bloomberg.com/apps/news?pid=newsarchive&sid=aQvjW4hXIp2UOct. 21 (Bloomberg) Japan, which barely emerged from recession in the second quarter, may see its expansion cut short as the exporters it depends on for growth cede business to South Korean rivals. Toyota is contending with a yen that has risen against all 16 major currencies in the past two years, including the

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-61929033053786497042009-10-29T18:15:00.002-07:002009-10-29T18:17:30.919-07:00

By Seyoon Kimhttp://www.bloomberg.com/apps/news?pid=newsarchive&sid=aOb.AKdX8lTMOct. 23 (Bloomberg) -- South Korea’s economy probably grew in the third quarter as automakers and electronic goods producers boosted sales in the U.S. and China, and government spending strengthened domestic demand.Gross domestic product increased 1.9 percent in the three months through September, according to the

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-39958419673937040502009-10-29T18:15:00.001-07:002009-10-29T18:15:39.487-07:00

By Kyunghee ParkOct. 24 (Bloomberg)http://www.bloomberg.com/apps/news?pid=newsarchive&sid=av4dGo90eK3w Korea Development Bank, the state- owned lender, formed a $1.8 billion fund to help pay for vessels at the nation’s shipyards as commercial banks pare ship- financing on tumbling vessel prices.“State companies like us have to step in and fill some of the gap left by the global commercial banks,”

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-26526665618022715202009-10-29T16:26:00.000-07:002009-10-29T16:30:57.769-07:00

By Shamim Adam and Seyoon Kimhttp://www.bloomberg.com/apps/news?pid=newsarchive&sid=ap4GtIrNzEYQ Oct. 27 (Bloomberg) -- Policy makers from South Korea to Singapore, confronted with rising real-estate values that threaten to mimic in Asia the U.S. mortgage bubble that roiled the global economy, are stepping up efforts to rein in prices.Regulators in South Korea, Hong Kong and Singapore told banks

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-62854952969234595432009-10-29T16:23:00.000-07:002009-10-29T16:26:16.636-07:00

By Saeromi Shin and Seyoon Kimhttp://www.bloomberg.com/apps/news?pid=newsarchive&sid=aOqnIjhYfh1cOct. 28 (Bloomberg) -- South Korea posted a current account surplus for an eighth consecutive month in September after the nation sold more cars and semiconductor chips as overseas demand strengthened.The surplus was $4.2 billion last month, compared with a revised $1.91 billion in August, the Bank of

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-25509748432381443672009-10-29T16:20:00.000-07:002009-10-29T16:23:43.639-07:00

By Jacob GreberOct. 29 (Bloomberg)http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aHZk3hFi6.i0Asian economies are “rebounding fast” from the global crisis, helped by fiscal support that the region’s governments must maintain due to sluggish world export demand, the International Monetary Fund said.Growth in Asia including Japan, Australia and New Zealand will probably accelerate to 5.8

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-34951171301729946852009-10-21T11:34:00.000-07:002009-10-21T11:36:10.392-07:00

Kathryn Hopkinsguardian.co.uk, Wednesday 21 October 2009 13.53 BST http://www.guardian.co.uk/business/2009/oct/21/executive-pay-bonuses-goldmansachsIn remarks that will fuel the row around excessive pay, Lord Griffiths, vice-chairman of Goldman Sachs International and a former adviser to Margaret Thatcher, said banks should not be ashamed of rewarding their staff.Speaking to an audience at St

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-4910582694354609042009-10-20T07:07:00.000-07:002009-10-20T07:09:55.134-07:00

By GERALD F. SEIBOCTOBER 20, 2009http://online.wsj.com/article/SB125599128538995091.html?mod=WSJ_hpp_RIGHTTopCarouselBeyond that, the administration sees real economic risk in turning too hard or too quickly toward a focus on deficit cutting. From the most Keynesian thinker to the biggest deficit hawk on President Barack Obama's team, nobody wants the administration to take its foot off the

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-71544101121423089072009-10-20T06:59:00.000-07:002009-10-20T07:02:05.534-07:00

By ROBERT PEARPublished: October 19, 2009 http://www.nytimes.com/2009/10/20/health/policy/20health.html?hpwThe basic Medicare premium will shoot up next year by 15 percent, to $110.50 a month, federal officials said Monday.About 12 million people, or 27 percent of Medicare beneficiaries, will have to pay higher premiums or have the additional amounts paid on their behalf. The other 73 percent

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-15975306390130252442009-10-18T20:45:00.000-07:002009-10-18T20:49:23.037-07:00

By Rob Reynolds in Los Angeleshttp://english.aljazeera.net/focus/2009/10/2009101881543377434.htmlCalifornia is the world's eighth-largest economy, but its unemployment rate is over 12 per cent - the highest in 70 years.Millions of people lost their homes when the housing bubble burst. Millions more have been thrust into poverty by the recession.In July, the state legislature haggled for weeks

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Saturday, October 17, 2009 http://english.aljazeera.net/news/americas/2009/10/2009101712255748516.htmlLeaders from Latin America and the Caribbean have agreed during a summit in Bolivia on creation of a regional currency aimed at reducing the use of the US dollar.Earlier, Hugo Chavez, the Venezuelan president, described the new currency as a "revolution of paradigms".

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-37901241001688884362009-10-18T20:26:00.000-07:002009-10-18T20:28:33.964-07:00

By BOB TITAOCTOBER 19, 2009http://online.wsj.com/article/SB10001424052748703816204574481631476557084.html?mod=WSJ_hpp_sections_businessSome complained the government's pursuit of Mr. Lewis's pay and scrutiny of his decision to purchase crumbling investment bank Merrill Lynch & Co. Inc. last fall merely reinforces the public's negative perception of CEOs as reckless managers concerned more about

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-86865677780000811912009-10-18T20:16:00.000-07:002009-10-18T20:22:12.545-07:00

By JANET ADAMY and GREG HITT OCTOBER 19, 2009http://online.wsj.com/article/SB125590875879693189.html?mod=WSJ_hpp_LEFTWhatsNewsCollectionThe drug industry stands to gain in a health-care overhaul by getting tens of millions of newly insured customers, while insurance companies -- especially those that cater to the individual market -- look like they are in for a tougher time.The spread of

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-53138769526629763902009-10-18T19:55:00.000-07:002009-10-18T20:16:33.900-07:00

By JOSEPH BERGERPublished: October 18, 2009 http://www.nytimes.com/2009/10/19/us/politics/19talkshows.html?ref=us“Those are critical components of counterinsurgency strategy,” Mr. Kerry said, speaking from Kabul in an appearance on CNN’s “State of the Union.” “It would be very hard, I think, for the president to make a commitment to X number of troops, whatever it might be, or to a new strategy,

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-6200551191865200162009-10-18T19:46:00.000-07:002009-10-18T19:55:35.384-07:00

By PETER S. GOODMANPublished: October 18, 2009 http://www.nytimes.com/2009/10/19/business/economy/19foreclosed.html?pagewanted=1&_r=1&hpOnly three years ago, foreclosure was rarely a factor in how people became homeless. But among the homeless people that social service agencies have helped over the last year, an average of 10 percent lost homes to foreclosure, according to “Foreclosure to

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-60208842490607131162009-10-04T20:30:00.000-07:002009-10-04T20:32:59.816-07:00

By EDMUND L. ANDREWSPublished: October 4, 2009 http://www.nytimes.com/2009/10/05/business/economy/05tarp.html?hpwThe Treasury Department said on Sunday that its scaled-down program to help banks unload their troubled mortgages and mortgage securities would begin operating at full strength by the end of this month, more than a year after Congress authorized $700 billion for that purpose.Treasury

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-31665164742683625452009-10-04T20:23:00.000-07:002009-10-04T20:29:18.956-07:00

By MARC LACEYPublished: October 4, 2009 http://www.nytimes.com/2009/10/05/world/americas/05haiti.html?hpwThere were big names, too. Gap, Levi Strauss and American Eagle Outfitters were here, all interested in the potential of American trade legislation that wipes out duties on apparel assembled in Haiti. Citibank and Scotiabank were on hand to discuss loans.Former President Bill Clinton, the

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-70477527482401604612009-10-04T20:17:00.000-07:002009-10-04T20:23:21.637-07:00

By ADAM LIPTAKPublished: October 4, 2009 http://www.nytimes.com/2009/10/05/us/politics/05scotus.html?_r=1&hpThe term will provide important hints, said Richard H. Pildes, a law professor at New York University, to “how much the worst economic crisis since the Depression is going to shape the court’s general stance toward markets and economic regulation.”Professor Pildes pointed to two cases in

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-47902801512294831782009-09-14T22:19:00.000-07:002009-09-14T22:31:01.442-07:00

By Julianna Goldman and Mark Drajemhttp://www.bloomberg.com/apps/news?pid=20601110&sid=aENIlFGVk.EwSept. 15 (Bloomberg) --“We don’t want to see individual trade remedy cases hurt the trade and economic relationship between China and the U.S.,” said Yao Jian, a Ministry of Commerce spokesman, at a briefing in Beijing today.The tire tariffs will hurt labor-intensive Chinese industries that

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-32118844683727816132009-09-14T22:16:00.000-07:002009-09-14T22:19:22.066-07:00

By Seonjin Chahttp://www.bloomberg.com/apps/news?pid=newsarchive&sid=a5dajJr4NMGUSept. 11 (Bloomberg) -- Hyundai Motor Co. will resume the construction of a plant in Brazil after the project was put on hold indefinitely because of the global recession, Edaily reported, citing an unidentified company official.Hyundai plans to begin building the factory, to have an annual capacity of 100,000 units,

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-26310874585094354852009-09-14T22:13:00.000-07:002009-09-14T22:16:39.021-07:00

By Kevin Bellhttp://www.bloomberg.com/apps/news?pid=newsarchive&sid=ay859Xc3Ykw8Sept. 14 (Bloomberg) -- Hyundai Motor Co.’s Canadian chief executive officer said the company may need to take a hard look at building an assembly plant in the country if it continues to meet its sales targets, the Toronto Star reported. The company closed a plant in Quebec in the 1990s after more than four years of

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-30651911111798659652009-09-07T23:02:00.000-07:002009-09-07T23:03:31.255-07:00

By Kyung Bok ChoSept. 2 (Bloomberg)http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aGNKtR5DyG8MSouth Korea’s foreign-exchange reserves rose for a sixth month in August after the nation got money from an International Monetary Fund facility and a weaker U.S. dollar increased the value of holdings in other currencies.

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-49122860566792663402009-09-07T22:59:00.000-07:002009-09-07T23:01:28.203-07:00

By Heejin KooSept. 1 (Bloomberg)http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aExKYLhhJpIUSouth Korea’s exports fell for a tenth consecutive month as global demand for the nation’s automobiles, mobile phones, textiles and steel faltered.Shipments dropped 20.6 percent from a year earlier to $29.1 billion, compared with a revised 21.8 percent drop in July, the Ministry of Knowledge Economy

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-49800242573708678272009-09-07T22:55:00.000-07:002009-09-07T22:57:49.352-07:00

By Alan OhnsmanSept. 2 (Bloomberg)http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a2qjxoUKSG4YToyota Motor Corp.,Honda Motor Co. and Hyundai Motor Co., buoyed by the U.S. government’s “cash for clunkers” rebates, had their highest monthly sales this year and led Asian brands to their first combined sales gain in 15 months. The gain for Asia-based brands was the first since May 2008 and

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-34397629338644963892009-09-07T22:52:00.000-07:002009-09-07T22:54:20.972-07:00

By Seonjin ChaSept. 2 (Bloomberg)http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aMKJQxVGC1.0Hyundai Mobis Co., South Korea’s biggest auto-parts maker, won a $2 billion order from Chrysler Group LLC, the largest-ever overseas contract for the Seoul- based company.Mobis, an affiliate of Hyundai Motor Co., will supply front- and rear-chassis modules for Chrysler’s Jeep Grand Cherokee and

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-75566443574630449672009-09-07T22:46:00.000-07:002009-09-07T22:49:29.116-07:00

By Bomi Lim and Catherine YangSept. 4 (Bloomberg)http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a8l5eAflkFa0South Korean banks may face a “challenging” second half as the government pushes them to cut bad-loan ratios and renegotiate debt agreements with ailing companies, the head of the nation’s sixth-largest lender said. “We are not out of the woods yet here, in terms of economic

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By Kevin Cho and Haslinda AminSept. 4 (Bloomberg)http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aTnR38RvUxgUSouth Korea’s government will formulate an exit strategy from its stimulus program once there are signs the nation’s economic recovery is led by business and consumers, Vice Finance Minister Hur Kyung Wook said. South Korea is “firing on all cylinders, all segments of the economy

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-73884342499374397872009-09-07T22:19:00.000-07:002009-09-07T22:20:41.973-07:00

By Seyoon Kim Sept. 7 (Bloomberg)http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aYa.pu0vrv6EFinance Minister Yoon Jeung HyunYoon said the government will help support 550,000 jobs in the public sector next year, up from this year’s budget for 400,000 jobs. South Korea’s government will also spend 3.5 trillion won ($2.8 billion) to upgrade the water-quality and supply systems for four

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-18418414846268113332009-09-07T22:14:00.000-07:002009-09-07T22:18:19.121-07:00

By Michael DwyerSept. 8 (Bloomberg)http://www.bloomberg.com/apps/news?pid=newsarchive&sid=ag1y0dXMAajIIndia, South Korea and Indonesia will start raising interest rates from early next year as Asia’s economies show signs of recovery, according to Goldman Sachs.“Growth data is showing faster than expected improvement across the region,” Goldman Sachs chief Asia-Pacific economist Michael Buchanan

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-49222818682362677842009-09-07T22:08:00.000-07:002009-09-07T22:14:07.571-07:00

Aug 27th 2009From The Economist print editionhttp://www.economist.com/opinion/displaystory.cfm?story_id=14303582Today the balance of advantage may be shifting again. To a degree, the financial crisis is responsible. It has devastated the venture-capital market, the lifeblood of many young firms. Governments have been rescuing companies they consider too big to fail, such as Citigroup and General

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-69683444414993184482009-09-07T22:07:00.000-07:002009-09-07T22:08:54.346-07:00

Sep 7th 2009From Economist.comhttp://www.economist.com/businessfinance/management/displayStory.cfm?story_id=14298774&source=hptextfeatureCompany boards. The biggest distinction here is between Germany and the rest of the world. The German system has two boards—a supervisory board and a management board—their different roles explained largely by their names. Other countries have only one. But that

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-72422673250919212382009-09-05T21:03:00.000-07:002009-09-05T21:08:21.405-07:00

By JILIAN MINCERSEPTEMBER 6, 2009http://online.wsj.com/article/SB125218176631788839.html"The legislation remains a mystery because it has been evolving to attract Republican votes," says Steve Raetzman, a senior consultant at consulting firm Watson Wyatt.Mike Langan, a principal at consulting firm Towers Perrin, says, "I don't see the legislation having a negative impact on the quality of care.

Socialist WebZinehttp://www.blogger.com/profile/05700236785484988580noreply@blogger.com0tag:blogger.com,1999:blog-7227754328612246049.post-68244673660829079272009-09-05T20:57:00.000-07:002009-09-05T21:03:16.424-07:00

Friday, September 04, 2009http://www.jamaicaobserver.com/magazines/Business/html/20090903T170000-0500_158852_OBS_CARIBBEAN_HOTEL_PROFITS_SLIDE.aspThe average Caribbean hotel saw bottom-line profits decline 16 per cent in 2008, a new survey finds.Due mostly to the economic recession, visitation to the Caribbean decreased by four per cent in 2008.In turn, hotel revenues fell by 4.5 per

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By ERIK ECKHOLMPublished: September 5, 2009 http://www.nytimes.com/2009/09/06/education/06homeless.html?hpCharity is one child in a national surge of homeless schoolchildren that is driven by relentless unemployment and foreclosures. The rise, to more than one million students without stable housing by last spring, has tested budget-battered school districts as they try to carry out their

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By CATHERINE RAMPELLPublished: September 4, 2009 http://www.nytimes.com/2009/09/05/business/economy/05teen.html?_r=1This August, the teenage unemployment rate — that is, the percentage of teenagers who wanted a job who could not find one — was 25.5 percent, its highest level since the government began keeping track of such statistics in 1948. Likewise, the percentage of teenagers over all who

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By ANNE MARIE CHAKERSEPTEMBER 4, 2009http://online.wsj.com/article/SB10001424052970204731804574388682129316614.htmlNew numbers from the U.S. Education Department show that federal student-loan disbursements—the total amount borrowed by students and received by schools—in the 2008-09 academic year grew about 25% over the previous year, to $75.1 billion. The amount of money students borrow has long

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SEPTEMBER 5, 2009By SUDEEP REDDY and CONOR DOUGHERTY http://online.wsj.com/article/SB125210649478787765.htmlAugust marked the third straight month that state and local governments shed jobs, reflecting cutbacks prompted by declining income and property taxes. They accounted for the bulk of the 18,000 government jobs lost in August -- the U.S. Postal Service cut about 8,500 jobs as well -- and

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For three decades, state and local governments built and filled jails to make good on promises to get tough on crime. Now, the recession and collapsing budgets are forcing an about face.Prisons are one of the biggest single line items in many state budgets, in part because nearly five times as many people are now behind bars as in the 1970s. From California to New York, officials are now closing

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By IAN URBINAPublished: September 3, 2009 http://www.nytimes.com/2009/09/04/us/04firehouse.html?pagewanted=1&hpBut only two of those calls were for fires; most of the others involved heart attacks, diabetic sores, epileptic seizures and people complaining of shortness of breath.“I joined the force to battle blazes, not to be an emergency room doctor,” Mr. Muyleart, 35, said as he and the rest of

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By JACK HEALYPublished: September 4, 2009 http://www.nytimes.com/2009/09/05/business/economy/05jobs.html?_r=1&hp“The job market is in for a slog,” said Mark Zandi, chief economist at Moody’s Economy.com. “It’s going to be slow, incremental improvement, and it’s the reason why the broader recovery’s going to be very fragile.”“High unemployment rates are going to be with us for quite a while,”

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By TOM MURPHYhttp://www.businessweek.com/ap/financialnews/D9AEOKDO0.htmWellPoint CEO Angela Braly said in a speech Tuesday."If you completely eliminated insurance industry profits, which is clearly the aim for some, you will pay for two days of health care in America," she said, adding later that health care problems won't be solved "by focusing only on the insurance side of the equation.""

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http://www.journalgazette.net/article/20071216/LOCAL1004/712160427Sen. Evan Bayh, D-Ind., said he adopted even stricter rules that prohibit contact between his staff and representatives of his wife’s business interests. He said the couple observe that wall in their domestic conversations, which mostly revolve around their family and – sometimes – politics.None of the corporations that added Susan

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By DIANA RANSOMhttp://online.wsj.com/article/SB125130611207261079.htmlIn 2010, U.S. employers are expected to see a 9% jump in their health-care costs, according to a recent PricewaterhouseCoopers survey of more than 500 employers and health insurers.

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By Joanna Chung in Washington and Francesco Guerrera in PittsburghPublished: August 27 2009 16:08 | Last updated: August 27 2009 20:38http://www.ft.com/cms/s/0/d1eb6f1a-9318-11de-b146-00144feabdc0.html?nclick_check=1The Federal Deposit Insurance Corporation, a banking regulator, on Thursday said the number of “problem banks” had risen from 305 to 416 during the second quarter. The FDIC does not

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Sunday, August 23, 2009http://www.jamaicaobserver.com/magazines/Business/html/20090822T220000-0500_158029_OBS_MOODY_S_MAINTAINS_STABLE_OUTLOOK_ON_GOV_T_BONDS.aspIn a press release Friday on the sovereign ratings of Jamaica, Moody's said its outlook reflected its expectation that the Government will sign off on the pending US$1.2-billion stand-by arrangement with the International Monetary Fund (

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Associated Press, 08.24.09, 10:23 AM EDThttp://www.forbes.com/feeds/ap/2009/08/24/business-health-care-us-bristol-myers-lobbying_6808475.htmlPharmaceutical company Bristol-Myers Squibb Co. spent $809,000 lobbying on drug pricing and access, health care and patent reform in the second quarter, according to a recent disclosure form.That was down slightly from the $830,000 the New York-based company

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By Tom Hamburger and Kim GeigerAugust 24, 2009http://www.latimes.com/news/nationworld/nation/la-na-healthcare-insurers24-2009aug24,0,2392720.storyThe half-dozen leading overhaul proposals circulating in Congress would require all citizens to have health insurance, which would guarantee insurers tens of millions of new customers -- many of whom would get government subsidies to help pay the

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By VANESSA FUHRMANS and AVERY JOHNSONhttp://online.wsj.com/article/SB125107323271252625.htmlThe health-insurance industry is sending thousands of its employees to town-hall meetings and other forums during Congress's August recess to try to counter a tide of criticism directed at the insurers and remain a player -- and not an outsider -- in the debate over the future of the health-care system.The

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By Clive CrookPublished: August 23 2009 19:25 | Last updated: August 23 2009 19:25http://www.ft.com/cms/s/0/9878d9be-900e-11de-bc59-00144feabdc0.htmlDropping the public option is the first thing Mr Obama needs to do if he wants to clarify his message. The most ardent Democrats will be dismayed, but so what? Distress on that part of the political spectrum helps Mr Obama in the centre, which is

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By Nouriel RoubiniPublished: August 23 2009 18:55 | Last updated: August 23 2009 18:55http://www.ft.com/cms/s/0/90227fdc-900d-11de-bc59-00144feabdc0.htmlOn the second issue the debate is between those – most of the economic consensus – who expect a V-shaped recovery with a rapid return to growth and those – like myself – who believe it will be U-shaped, anaemic and below trend for at least a

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By Joseph Menn in San Francisco and Francesco Guerrera in New YorkPublished: August 23 2009 22:09 | Last updated: August 23 2009 22:09http://www.ft.com/cms/s/0/75359ff0-8fff-11de-bc59-00144feabdc0.htmlIn the case of the Citibank-branded ATMs, the perpetrators penetrated a network linking 2,200 kiosks inside 7-Eleven stores from late 2007 until at least February 2008, the law enforcement sources

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By Patrick Jenkins in London and Francesco Guerrera in New YorkPublished: August 23 2009 23:30 | Last updated: August 23 2009 23:30http://www.ft.com/cms/s/0/88e0d226-901e-11de-bc59-00144feabdc0.htmlIn contrast to Switzerland, which sold its 9 per cent UBS stake for a SFr1.2bn ($1.1bn) gain last week, the world’s other large economies – except the US – are sitting on combined losses of $10.8bn

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— By Kevin Drum | Mon August 17, 2009 10:37 AM PSThttp://www.motherjones.com/kevin-drum/2009/08/making-sense-public-optionIn effect, a public option is a backstop. The basic point of the healthcare plans currently on the table is to reform the insurance industry (community rating, no recission, no rules about preexisting conditions, out-of-pocket caps, etc.) and then to provide subsidies to

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By DOUGLASS K. DANIEL, Associated Press Writer Douglass K. Daniel, Associated Press Writer – 10 mins agohttp://news.yahoo.com/s/ap/20090824/ap_on_go_co/us_health_care_overhaul"I'm afraid we've got to think about putting a lot of that off until the economy's out of recession," said Connecticut Sen. Joe Lieberman. "There's no reason we have to do it all now, but we do have to get started. And I

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By Alison Leigh CowanAugust 19, 2009, 6:30 amhttp://cityroom.blogs.nytimes.com/2009/08/19/a-librarys-approach-to-books-that-offend/?hpBut if you go to the Brooklyn Public Library seeking a copy of “Tintin au Congo,” Hergé’s second book in a series, prepare to make an appointment and wait days to see the book.“It’s not for the public,” a librarian in the children’s room said this month when a

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— By Stephanie Mencimer | Thu August 13, 2009 1:41 PM PSThttp://www.motherjones.com/mojo/2009/08/obamas-insurance-plan-comes-right-wing-think-tankMost of the health care reform bills circulating in Congress contain some form of this concept. The exchange, in fact, is now the centerpiece of proposed plans drafted mainly by Democrats. It’s a curious development, because the concept was largely

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Not only are companies cutting their entertainment budgets, but they are also facing increased scrutiny from regulators, shareholders and politicians — pressures that have forced workers even at healthy firms to avoid being seen at sporting events.“The seats behind home plate, no one wants to be seen there,” said John Lieberman, the former chairman of the entertainment and sports committee of the

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By ROBERT F. WORTHPublished: August 15, 2009 http://www.nytimes.com/2009/08/16/world/middleeast/16iran.html?hpwThe movement is not a political party — which would require a government permit — but a “grass-roots and social network” that will promote democracy and adherence to the law, Mr. Moussavi wrote in a statement on his site. It is to be known as the Green Way of Hope, in deference to the

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By JOSEPH BERGERPublished: August 16, 2009 http://www.nytimes.com/2009/08/17/health/policy/17talkshows.html?_r=1&hpThe administration, mindful of steadfast Republican opposition to a government insurer in addition to Medicaid and Medicare, has previously indicated that it could accept nonprofit insurance cooperatives as an alternative, and the Senate Finance Committee appears to be forming a

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WASHINGTON, Aug 1http://www.ft.com/cms/s/0/cf611d0a-7e9e-11de-999d-00144feabdc0.html?nclick_check=1”It will take many more months to fully dig ourselves out of a recession -- a recession that we’ve now learned was even deeper than anyone thought,” Mr Obama said in his weekly radio and Internet address.”And when we receive our monthly job report next week, it is likely to show that we are

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By Julian RichardsonSunday, August 02, 2009http://www.jamaicaobserver.com/magazines/Business/html/20090801T210000-0500_156542_OBS_GREENER_PASTURES__.aspWith the changing economic paradigm and the severe challenges to traditional industries in Jamaica, such as sugar, banana and bauxite, the country is being urged to allow for the cultivation and exportation of marijuana for medical purposes."

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By SHELBY STEELEAUGUST 1, 2009http://online.wsj.com/article/SB10001424052970204619004574322054186035002.htmlThe answer may be as simple as Mr. Gates’s fatigue after international travel—a physical depletion that may have darkened him into seeing a tormentor where there was only a protector. After all, here was a white policeman—crisp and confident—demanding ID of him inside his own home. There

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By STEPHEN MOOREAUGUST 1, 2009http://online.wsj.com/article/SB10001424052970204619004574320620620327870.htmlHe (John McCain) says he has worked to keep his relations with President Barack Obama “cordial,” but he pulls no punches criticizing the president’s economic policies. “Never. Never have I seen such a transfer from the private enterprise system to the government of such massive scale,” he

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By DAVID LUHNOW and PETER SPIEGELhttp://online.wsj.com/article/SB124908999380498605.html * AUGUST 1, 2009"From its first statement on 28 June, the OAS was totally confrontational, proclaimed immediately that it was a coup, launched no diplomatic initiatives, and immediately demanded a total capitulation by the de facto government," says William Ratliff, a Latin America expert at the Hoover

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By JEANNINE AVERSA, AP Economics Writer Jeannine Aversa, Ap Economics Writerhttp://news.yahoo.com/s/ap/20090731/ap_on_bi_ge/us_economy"The recession looks to have largely bottomed in the spring," said Joel Naroff, president of Naroff Economic Advisors. "Businesses have made most of the adjustments they needed to make, and that will set up the economy to resume growing in the summer," he predicted.

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Sam Steinhttp://www.huffingtonpost.com/2009/07/28/recalcitrant-blue-dogs-ra_n_246257.htmlLawmakers in both the House and Senate who voted against proposed legislation this congressional cycle, the report found, received roughly 65 percent more money from health and insurance interests than those who supported the bills. When it came to the Blue Dogs in particular, that data showed that the seven

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http://www.pnhp.org/news/2009/april/politico_lets_gingri.phpBut Budoff Brown did not note that the Center for Health Transformation is a for-profit entity that receives annual membership fees from several major health insurance companies, which have a direct interest in whether a public insurance plan is part of health care reform. Moreover, Gingrich himself reportedly profits from his

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By Harry KelberLabor’s Voice for Change (31)April 30, 2009http://www.pnhp.org/news/2009/april/aflcios_healthcar.phpAn AFL-CIO-sponsored on line health care survey of 26,419 respondents, more than half of them union members, reveals a widespread discontent with the cost, benefits and operating procedures of current health insurance plans. The survey, taken between Jan. 14 and March 3, shows that “

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By Daniel LeeIndianapolis StarPosted: May 21, 2009http://www.pnhp.org/news/2009/may/reform_talk_dominate.phpIndianapolis-based WellPoint’s annual shareholders meeting Wednesday quickly evolved into a forum on the timely and politically charged topic of health-care reform.Angela Braly, WellPoint’s chief executive officer, touted the idea of expanding the individual health insurance marketplace —

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EditorialIndianapolis StarMay 25, 2009http://www.pnhp.org/news/2009/may/unhealthy_associatio.phpIndiana Sen. Evan Bayh’s vote could prove critical as Congress debates health-care reform later this year. Yet, Bayh has a clear personal interest in the financial stability of one of the key players in that debate — Indianapolis-based WellPoint, the nation’s largest commercial health insurer.Bayh’s

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Agence France-Presse (AFP)June 4, 2009http://www.pnhp.org/news/2009/june/life_health_insurer.phpMajor US, Canadian and British life and health insurance companies have billions of dollars invested in tobacco companies, a study published Wednesday in the New England Journal of Medicine said.Wesley Boyd, the study’s lead author, found that at least 4.4 billion dollars in insurance company funds are

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By Mike DennisonThe Montana Standard06/14/2009http://www.pnhp.org/news/2009/june/insurance_interests_.phpIn the past six years, nearly one-fourth of every dime raised by Baucus, D-Mont., and his political-action committee has come from groups and individuals associated with drug companies, insurers, hospitals, medical-supply firms, health-service companies and other health professionals.These

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By Kay LazarBoston GlobeJune 24, 2009http://www.pnhp.org/news/2009/june/state_cuts_its_healt.phpOverseers of Massachusetts’ trailblazing healthcare program made their first cuts yesterday, trimming $115 million, or 12 percent, from Commonwealth Care, which subsidizes premiums for needy residents and is the centerpiece of the 2006 law.

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By Doug TrappAMNewsPosted June 30, 2009http://www.pnhp.org/news/2009/july/medical_debt_increas.phpNearly two-thirds of bankruptcies in early 2007 were due in part to medical debt — an increase of more than 20% since 2001 — according to a national study of more than 2,000 cases.Of those who filed for bankruptcy due in part to medical debt, 92% had debt of more than $5,000 or 10% of their income,

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By ALICIA MUNDY and LAURA MECKLERThe Wall Street JournalJULY 17, 2009http://www.pnhp.org/news/2009/july/drug_makers_score_ea.phpLegislation expected soon in the powerful Senate Finance Committee will leave out cost-cutting steps as part of an agreement with the industry and the White House, according to Congressional aides, industry lobbyists and others involved in the talks.[a hefty dose]The

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By Alicia C. ShepardNPR ombudsmanJuly 17, 2009http://www.pnhp.org/news/2009/july/is_npr_ignoring_the_.phpMore than 300 listeners have complained that NPR is ignoring the single-payer movement in covering Congress’s overhaul of health care. NPR says it’s just being practical.Supporters consider it the best solution to a crumbling health care system. Often they cite polls indicating broad public

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By James RaineyLos Angeles TimesJuly 29, 2009http://www.pnhp.org/news/2009/july/media_needs_to_deepe.phpAmerica has a healthcare crisis, yes, and so do broad segments of the media, particularly television news. They have transformed the story of how to fix an overpriced and inadequate care system into an overheated political scrum, with endless chatter about deadlines and combatants and very

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By Stephen L. CarterThursday, July 30, 2009 http://www.washingtonpost.com/wp-dyn/content/article/2009/07/29/AR2009072902626.html?hpid%3Dopinionsbox1&sub=ARHigh profits are excellent news. When corporate earnings reach record levels, we should be celebrating. The only way a firm can make money is to sell people what they want at a price they are willing to pay. If a firm makes lots of money, lots

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By Rajiv ChandrasekaranWashington Post Staff WriterFriday, July 31, 2009 http://www.washingtonpost.com/wp-dyn/content/article/2009/07/30/AR2009073003948.html?hpid=topnewsGen. Stanley A. McChrystal, who took charge of U.S. and NATO forces in Afghanistan last month, appears inclined to request an increase in American troops to implement the new strategy, which aims to use more unconventional

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CRP Research Director Jihan Andoni and Lobbying Researcher Matthias Jaime contributed to this report.http://www.opensecrets.org/news/2009/07/health-second-quarter-draft.htmlThe health sector was the No. 1 overall sector, spending $133 million during the second quarter of 2009. And within the 100-plus industries that CRP tracks, the pharmaceutical/health products industry was again the top dog on

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By BETSY MCKAYhttp://online.wsj.com/article/SB124887563173290207.htmlThe government isn't likely to have enough vaccine ready in early fall to cover this entire priority group. U.S. officials said they hope to have at least 120 million doses ready in October; 40 million of those could be ready by September should they be needed then. Robin Robinson, a vaccine official with the Department of

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By TOM BARKLEYhttp://online.wsj.com/article/SB124891705622892355.htmlThe International Monetary Fund said it will significantly ramp up assistance to low-income countries to as much as $17 billion over the next five years, with favorable terms that include charging no interest through 2011.The additional funding comes as the global crisis increasingly shifts from a credit crunch among markets in

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By LESLIE EATONhttp://online.wsj.com/article/SB124891089628491887.htmlAt least 10 states already are projecting new budget gaps totaling more than $3 billion, on top of $139.2 billion in shortfalls legislators across the country had patched up before the fiscal year began July 1, according to the left-leaning Center on Budget and Policy Priorities. In addition, California adopted spending cuts

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By ROBERT PEARPublished: July 26, 2009 http://www.nytimes.com/2009/07/27/health/policy/27health.html?_r=1&hpBut Senator Ron Wyden, Democrat of Oregon, acknowledged that “there are some questions” about whether insurance would be affordable. “People who are making $50,000 or $60,000 a year and are spending $13,000 on health insurance may not get much of a subsidy,” said Mr. Wyden, a member of the

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By ROBERT F. WORTH and NAZILA FATHIPublished: July 25, 2009 http://www.nytimes.com/2009/07/26/world/middleeast/26iran.html?hpThe letter called the government’s crackdown “reminiscent of the oppressive rule of the shah,” who was toppled in Iran’s 1979 revolution. It denied and deplored the accusations of a “velvet revolution,” and criticized the state media and the use of “show confessions.” It

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http://www.nytimes.com/2009/07/26/opinion/26sun1.html?_r=1The House bill and a similar bill in the Senate would require virtually all Americans to carry health insurance with specified minimum benefits or pay a penalty. They would require all but the smallest businesses to provide and subsidize insurance that meets minimum standards for their workers or pay a fee for failing to do so.The reforms

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By Christopher True in London http://english.aljazeera.net/focus/2009/07/200972573910966275.htmlFurthermore, the Islamic Republic has been funding a very well-organised lobby of academics, activists, apologists and think-tanks who have actually been trying to justify the regime as an acceptable democratic, popular government whose 'anti-imperialist' stand justifies its human rights abuses.For

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http://english.aljazeera.net/news/asia/2009/07/2009725101735787622.htmlThe International Monetary Fund (IMF) has given final approval for a $2.6bn loan for Sri Lanka, despite objections by rights groups that wanted the decision tied to human rights reforms.Brad Adams, the Asia director of Human Rights Watch, called the loan "a reward for bad behaviour, not an incentive to improve".

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By JOHN MARKOFFPublished: July 25, 2009 http://www.nytimes.com/2009/07/26/science/26robot.html?_r=1&hpWhile the computer scientists agreed that we are a long way from Hal, the computer that took over the spaceship in “2001: A Space Odyssey,” they said there was legitimate concern that technological progress would transform the work force by destroying a widening range of jobs, as well as force

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By Brad Glosserman Jul 22, 2009 http://www.atimes.com/atimes/Asian_Economy/KG22Dk01.htmlIf this analysis is correct, then, the conventional wisdom suggests, another fundamental shift in global economic activity is forthcoming. Western demand will no longer serve as the primary engine of growth. Instead, Asian nations will abandon their export-oriented economic models and embrace domestic

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By Lee Hyo-sikStaff Reporter 07-23-2009http://www.koreatimes.co.kr/www/news/biz/2009/07/123_48971.htmlThe government and the central bank are now pondering over when and how to retrieve the oversupplied liquidity from the financial market in order to prevent a possible real estate bubble and other adverse effects on the slowly rebounding economy.The Bank of Korea (BOK) is reportedly

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By Lee Hyo-sikStaff Reporterhttp://www.koreatimes.co.kr/www/news/biz/2009/07/123_47901.htmlPresident Lee Myung-bak has been calling on businesses leaders to bolster sluggish business investment and job creation, stressing now is the time for the private sector to do their part in facilitating the economic recovery.Strategy and Finance Minister Yoon Jeung-hyun also said private companies to step

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