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...shortfall in pledges made at the high-profile Gleneagles summit in 2005 rests on just two countries - Italy and France. Italy, which next month hosts a summit of G-8 leaders, has delivered a minuscule 3% of the amount it pledged at Gleneagles, according to ONE's annual DATA report tracking aid delivery. France has given just 7% of its pledged amount...

Author: /time Magazine | Title: Why Wealthy Nations Are Stiffing Africa | 6/12/2009 | See Source »

...Booming prices for oil, copper, gold and other commodities over the past decade have produced annual GDP growth rates as high as 6% in some African countries. But the International Monetary Fund predicts continent-wide economic growth of only about 1.7% this year - compared with last year's growth estimate of about 5.5%. (See pictures of scared traders...

Author: /time Magazine | Title: Why Wealthy Nations Are Stiffing Africa | 6/12/2009 | See Source »

House Energy and Commerce Committee Republicans who rarely cross party lines went along with the Democratic bill marked up in the health subcommittee Wednesday. Sponsors had agreed in negotiations with ranking GOP member Joe Barton to lower the originally proposed cost of a new annual licensing fee for every food-manufacturing, -processing and -packing plant from $1,000 to $500, with a $175,000 cap per company - a reduction also sought by GOP allies in industry...

Author: /time Magazine | Title: Congress Finally Gets Tough on Food Safety | 6/12/2009 | See Source »

...also going to have to spell out more clearly where he stands on some of its tougher questions. In fact, that kind of reckoning may come as early as Monday, when he reaches the next stop on his health-care campaign trail - a speech at the AMA's 158th annual meeting in Chicago...

Author: /time Magazine | Title: Obama's Campaign on Health Care: Papering Over the Details | 6/12/2009 | See Source »

...response to a planned 30 percent drop in value of the endowment over the fiscal year, which has also caused an 8 percent drop in the amount paid out from the endowment to the University's schools next year. Because compensation costs comprise nearly half of Harvard's annual $3.5 billion operating budget, University officials have long alluded to the need for further layoffs, which have been rumored to take place by the end of the summer.Galvin said that it is "premature" to predict when workforce changes will take place. He also said that discussions are continuing about the feasibility...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: 531 Staffers Take Buyout Package | 6/11/2009 | See Source »

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