Word: bails
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...explains economist Jeffrey Sachs, head of Columbia University's Earth Institute, is not to dictate food policy from the West but to help the developing world build its own biotech infrastructure so it can produce the things it needs the most. "We can't presume that our technologies will bail out poor people in Malawi," he says. "They need their own improved varieties of sorghum and millet, not our genetically improved varieties of wheat and soybeans...
Bush's Latin America team argues that this is why it refuses to bail out unreformed kleptocracies like Argentina. Buenos Aires, said O'Neill, still lacks a "crystal-clear idea of the rule...
...ARRESTED. ANIRUDDHA BAHAL, Indian journalist with the prominent Tehelka website, which last year exposed a government bribery scandal; by the Central Bureau of Investigation on charges of assaulting a federal officer; in New Delhi. Released on bail after several hours, Bahal's arrest comes amid allegations of a media crackdown by the government of Atal Bihari Vajpayee, in which several journalists have been detained or harassed...
...adamantly emphasize that Muslims began them: the spark for the violence was a still unexplained firebombing of a train filled with Hindu pilgrims, in which 59 died. According to independent human-rights groups like the People's Union for Democratic Rights, most Hindus arrested for rioting were released on bail within days. In the first hearing in July, a judge in Lunawada dismissed the case for lack of evidence?as, in fact, he probably had to. "First the police refuse to file proper complaints," explains Amrish Patel, a member of Jan Sangharsh Manch (Forum for People's Struggle), a group...
...German law says insurers can reduce payouts to policyholders to 3.25%, but that still leaves many of the smaller mutuals - which didn't boost their equity game until late in the bull run - in trouble. Now industry groups are pressuring the big boys, like Allianz and Ergo, to bail out their little brethren. It's a global dilemma: State Street Bank analyst Brian Garvey says American insurers have pumped $526 billion into stocks since 1997, "creating the risk of a vicious circle of price declines and forced liquidations." U.K. regulators have a similar fear, and they've responded by lowering...