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...expire on Nov. 30. A lot of people don't want to see that happen. Since some of those people are in Congress, there's a decent chance the credit will be extended into 2010. Among the bills floating about are ones that would grow the amount to $15,000 and make all home buyers - not just those who haven't owned before - eligible. One policy-analysis shop puts the odds of some extension at 2 to 1, despite a cost that could run as high as $50 billion to $100 billion...
...Have you ever found an incident of corruption involving a Grameen Bank loan? Rudi Toruan, Samarinda, Indonesia We have cases of corruption, but Grameen Bank now has 28,000 staff, 8 million borrowers and 2,600 branches. We lend out over $100 million each month and have a similar amount coming back each month, handling this physically in the villages. It's very easy to put money in your pocket. But the amazing thing is that cases of corruption are so rare...
...working on the trial, led in Thailand by the U.S. Army and the Thailand Ministry of Public Health, said they were baffled as to why the two seemingly ineffective vaccines appeared to work together. Another mystery was that the people who became infected with HIV developed roughly the same amount of virus in their blood whether they got the vaccine or the placebo. Typically a protective vaccine would lower a patient's so-called viral load, a criterion that physicians use as the main indicator of HIV infection. The outcome of the trial of RV144 suggests that scientists...
...reportedly ended up costing many times the original estimate of $177 million, a phenomenal amount given that none of the money went to the promised infrastructure projects. (Some reports had the final costs in Rio close to $2 billion; the costs of the 2008 Beijing Summer Olympics, according to Chinese organizers, totaled roughly $2.5 billion.) Some commentators said that was indicative of corruption, but it also suggests serious deficiencies in organization and planning. "Brazil is still learning how to do continuous public policy," Alencar said. "Public works are emergency, localized, specific. There is no strategic planning involved. That was what...
...Tuesday at the U.N. General Assembly in New York City, Hu made a widely anticipated speech on climate change, finely calibrated for diplomatic effect. He was nothing if not cautious, saying - accurately - that China was in the process of increasing its energy efficiency, reducing the amount of energy required to produce a unit of GDP. Indeed, China's energy efficiency has improved in each of the past two years, a trend likely to continue, because a huge surge in investment in energy-intensive industries like steel and cement in the early part of this decade has run its course...