Word: crisises
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He doesn't seem too crushed by his losses. "A billion dollars doesn't buy what it used to. So it's not as tragic as one would assume," he says. "I say to my wife that the worst tragedy I could have in business deserves a two-hour cry...
Governor Arnold Schwarzenegger and state political officials have been well aware of the issue of overcrowding, and the deplorable conditions that go along with it, for some time. In 2006 Schwarzenegger declared a state of emergency because of "severe overcrowding" in California's prisons, saying it had caused "substantial risk...
"We're pleasantly surprised, and didn't expect this before the third quarter," says Gilles Moec, a European economist for Deutsche Bank in London. "But the improvement is rather thinly spread, and not necessarily sustainable. A lot will depend on whether the positive activity in exports and consumer spending continues...
See pictures of the global financial crisis.
Sitting in a gilded chair upholstered in white leather, al-Bashir didn't appear worried. The former paratrooper came to power as part of a 1989 military coup that introduced a strict Islamic legal code to Sudan. Since then, he has survived U.S. bombings (ordered by President Bill Clinton on...