The point of ecological collapse may not yet have been reached, but its symptoms can be felt. If welfare is to grow not just in the short term but also in the medium to long term, serious adjustments will have to be made to the country's underlying approach. Enlightened leadership...
This paper investigates the remarkable extremes of growth experiences within countries and examines the changes that occur when growth starts and stops. It finds three main results. First, all but the very richest countries experience both growth miracles and failures over substantial periods. Second, growth accounting reveals that physical capital...
Permanent Subcommittee on Investigations makes the following findings with respect to the role of the Enron Board of Directors in Enron’s collapse and bankruptcy. By failing to provide sufficient oversight and restraint to stop management excess, the Enron Board contributed to the company’s collapse and bears a share of the...
In possibly the most brazen vote-buying scheme ever attempted, President Bush sent several hundred dollars to each voter just before the presidential election under the guise of stimulating the economy. The economic-stimulus plan is really a political-stimulus plan for the Republican Party and the war in Iraq....
WASHINGTON -- Two days before Congress rolls up its sleeves and begins to consider new regulation of financial markets, Federal Reserve Chairman Ben Bernanke on Tuesday called for additional powers to look more closely at investment banks, with an eye toward preventing a future collapse of the global banking system....
KUALA LUMPUR, Malaysia -- Iranian President Mahmoud Ahmadinejad said Tuesday that he sees no possibility of a war between his country and the United States or Israel. He also predicted Israel would collapse without Iranian action. "I assure you that there won't be any...
SAN FRANCISCO -- Gas prices and gloomy financial forecasts are on the rise, but the tech industry is nowhere near a downturn as severe as the dot-com bust of 2001. Tech sales to corporations are up about 3% this year compared with 2007, says Forrester Research. Consumer sales...
Nervous holders of Skyepharma shares sold the stock in droves yesterday after the drugs group said that initial negotiations over the restructuring of two convertible bonds had collapsed. The stock was down 32 per cent on the day, to just 3.73p, after the company, which believes it...
MADRID AFP — Fears mounted on Wednesday for the Spanish economy, until recently a driver of growth and job creation in the eurozone, after Prime Minister Jose Luis Rodriguez Zapatero referred to a "crisis" for the first time. German investment bank Commerzbank said in a research note that...
For the past year, the Federal Reserve Board has defined its role in keeping the U.S. economy and its financial markets from collapsing. In furtherance of this goal, the Fed has cut interest rates very aggressively and created a safety net for the nation's financial system....
ALLEN PARK, Mich. -- Smart Disc, Inc., a Michigan-based medical technology company focused on the development of new and innovative spine products, announced today that it has received a Notice of Allowance from the U.S. Patent and Trademark Office USPTO for U.S. patent application number 10/838,515, its unique artificial spinal...
TBILISI AFP — US Secretary of State Condoleezza Rice began talks here Wednesday with Georgian leaders as the United States and Russia accused each other of stoking violence in Georgia that could erupt into war. Her trip to Tbilisi, capital of the former Soviet state of Georgia, adds...
MCLEAN, Va. -- Four Gannett TV stations won awards in the 2008 National Edward R. Murrow competition from the Radio-Television News Directors Association. The awards recognize outstanding achievements in electronic journalism. "Providing great content is what sets us apart and strengthens our foundation. These stations' awards illustrates the...
SALT LAKE CITY, July 8 /PRNewswire/ -- Why: Consider ... If two former Bear Stearns hedge fund managers can be indicted and arrested in the first criminal prosecution stemming from the collapse of the subprime mortgage market, should the media be held to the same level of accountability?...
WORLD NEWS IN BRIEF VIENNA Austria's governing coalition has collapsed, with a poll looking likely in September, after conservatives said they could not work with the Social Democrats, led by Chancellor Alfred Gusenbauer. Accused of poor leadership and unpopular with his own ranks, Mr Gusenbauer said he...
HOME NEWS IN BRIEF More than 300 criminal prosecutions involving undercover police officers are at risk of collapse after the House of Lords threw into question the use of anonymous witnesses in trials. The Crown Prosecution Service said 580 cases were affected by last month's ruling -...
TELECOMWORLDWIRE-7 July 2008-Ask.com completes Lexico acquisitionC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Ask.com has completed the previously announced acquisition of Lexico, the owner of Dictionary.com, Thesaurus.com and Reference.com. Ask.com is wholly owned by IAC (Nasdaq: IACI). The deal was announced on 15 May 2008. According to Reuters,...
M2 BEST BOOKS-C2000-2008 M2 COMMUNICATIONS LTD It was reported on 7 July that Sir Sean Connery's book, entitled Being A Scot, will not now be published by Canongate, as the publisher said the book deal officially collapsed due to irreconcilable differences. The James Bond star has...
ROCHESTER, N.Y. -- A new Harris Interactive/France 24/International Herald Tribune survey conducted online by Harris Interactive([R]) among a total of 6,735 adults aged 16 to 64 within France, Germany, Great Britain, Spain, the United States, and adults aged 18 to 64 in Italy, between April 30 and May 14, 2008...
The Weekend's TV THE CONSPIRACY FILES: 9/11 - THE THIRD TOWER SUN BBC2 GEORGE GENTLY SUN BBC2 Imagine an infection that actually feeds on the only antibiotic available to counter it and you have some measure of the problem in dealing with...
