Word: crisises
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Reforms after the financial crisis were supposed to dramatically downsize what bank executives - including hotshot traders - get paid. But a year later, little seems to have changed. Banks, which have roared back to profitability this year, look poised to dole out billions of dollars in year-end bonuses for 2009...
The planet is in the middle of an extinction crisis, the sixth great wave in its history. But unlike major extinction events of the past - like the Permian-Triassic event 250 million years ago, in which 70% of all terrestrial species were wiped out, probably because of an asteroid impact...
“It was really cool to hear such a giant in economics speak about the current crisis,” he said.
The negotiations that were revived this week in the hope of resolving the Honduran coup crisis still haven't cracked the critical issue: whether ousted President Manuel Zelaya will be restored to office and allowed to finish the final three months of his term. The U.S., the Organization of American...
Either way, the State official says the long-term needs of Honduran democracy should also be weighed. Both sides have to "construct a national dialogue" that addresses "the political polarization plaguing Honduras in the first place," the official says, adding that the election "could end up providing new political leadership...