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Early this year, the company was in the grip of what Murren calls an "intense, very dire liquidity crisis." MGM Mirage's joint partner on CityCenter, the Dubai World subsidiary Infinity World, had sued MGM Mirage and stopped putting money into the project. Unable to find other sources of capital, the casino company was left with two choices: walk away from CityCenter or try to work out a deal with MGM Mirage's bankers. (See the 10 worst business deals...
...Danang have voiced concerns about how U.S. money is being spent when it comes to providing care to the disabled in the region. A portion of the $6 million allocated by Congress was awarded to humanitarian groups working with disabled residents around Danang. But it is difficult to find evidence of the money at work. Save the Children was given $400,000 to help people with disabilities find employment. But the sole case the organization cited for a reporter was their work finding a job for a college graduate with a hair lip. Another chunk went to equip and refurbish...
...censorship in China is rarely an all-or-nothing endeavor. When a site begins to carry too many materials or too much commentary that the authorities find objectionable, it will get blocked if based overseas, or highly restricted or possibly closed if it's based in China. Web users move on to new haunts or find new routes to old ones. But by plugging enough holes and muffling enough dissenting voices, China's Communist Party curbs online opposition to its rule while still allowing the Internet to be open enough to not dangerously impede commerce...
...regulation also sends a signal that there might be more restrictions down the road," says Mao. "One plausible step is to talk with foreign organizations and have them make it harder for Chinese users to register for other domain names." If that happens, Chinese Web users will find one more door to free speech closed...
...retreat under pressure from the opposition, the media and the military establishment. Some observers believe he can brave the gathering storm if he moves quickly to relinquish the executive powers of the presidency and overhaul his much criticized Cabinet. But unless he makes those concessions, analysts say, Zardari could find himself locked in a bitter battle for political survival that will consume most of his attention and distract from the wider challenges facing Pakistan...