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Many had expected the earnings at financial firms to drop in the fourth quarter of 2009. A number of the biggest firms at the end of last year rushed to repay the tens of billions of dollars they had received under the government's Troubled Asset Relief Program. Analysts said the rapid exit would be costly but would ultimately show that the banks had done a lot to repair their finances...
...potentially hurt jobs, tax medical devices? We're talking about 220,000 jobs potentially being affected, cutting half a trillion from Medicare, affecting Tricare for veterans, having potentially longer lines in competing plans and subsidizing Nebraska and other types of situations. (Read "Does Brown's Senate Win Mean the End of Health Reform...
...Arab trading post from about A.D. 800, then a Portuguese one from 1760. At the turn of the 20th century, it consisted of two forts, a grand plaza, countless mansions and a population of 37,000. But with the end of colonialism in 1975, Ibo was forgotten. Today, just 3,500 people live in and around the crumbling colonnades and red-tiled townhouses whose gardens still overflow with frangipanis, bougainvilleas and Indian almonds imported by the island's opulent forebears. And somehow, despite being considered for U.N. World Heritage status, Ibo has been barely rediscovered. There are just three small...
...However it unfolds, the imbroglio doesn't bode well for the DPJ - or for Hatoyama. Still building public confidence in his fifth month in office, Hatoyama is in the throes of trying to pass the second supplementary budget for the current year by the end of January, and the 2010 budget by the end of March. "[Ozawa's] situation highlights Hatoyama's judgment," says Dujarric. "A lot of criticism has said that he's too indecisive. At first he supported Ozawa and then vaguely backtracked. That doesn't make Hatoyama look good...
...delicate. He says, "Hatoyama isn't enjoying Ozawa's frequent interference" on issues from the budget to what to do about the Futenma base relocation. But, he adds, Hatoyama needs Ozawa's support and that of the DPJ to pass the 2010 budget, which will require patience through the end of March...