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...rival political groups in the southern metropolis of Karachi killed 13 people and wounded 70. The country is on the verge of economic collapse, its desperate pleas for financial assistance from China and Saudi Arabia last month having been rebuffed, forcing Pakistan to accept loans from the International Monetary Fund - but those loans come with stern conditions limiting government spending, the implementation of which will risk inflaming further unrest. A suspected U.S. predator drone attack in the tribal areas on Saturday - one of dozens in recent months - has further alienated a population already suspicious of U.S. interference. Hardly surprising, then...
...meeting's been a complete disaster," says Sergi Tudela of the World Wildlife Fund (WWF). "The measures that have been adopted will drive the bluefin tuna to collapse." Not so, say European officials, who contend that their quota plan was the best deal possible, in part because it won the backing of Arab countries on the Mediterranean, who perceive ICCAT as controlled by the world's major fishing powers - the U.S., Canada, Japan and Europe. "You need to have all of those involved to feel ownership over this," says Pierre Amilhat, head of the European Commission's Directorate General...
VIETNAM Part of a $1 billion development fund from Qatar will go to agriculture...
...stock market may be down 40% this year, but your portfolio has other assets too - or at least it should. Balanced funds that hold bonds and cash along with stocks are down just 29%, according to mutual-fund tracker Morningstar. And many retirees looking to minimize risk wisely hold a smaller percentage of stocks than the average balanced fund (and also may own insured bank CDs). Which means a more typical experience for them is a 20% loss, says Gregg Fisher, president of Gerstein Fisher, a financial adviser in New York City. That's not fun, but it's nowhere...
David Rockefeller International Experience Grants will now be available to fund student travel overseas for the summer of 2009, the University announced yesterday. The grants were established by a gift from David Rockefeller ’36, who will donate money annually to enable undergraduates to take part in a “significant international experience,” according to the University’s Vice Provost for International Affairs Jorge I. Dominguez. In April, Rockefeller donated a separate $100 million to the University that will be used to bolster study abroad programs and arts education. The amount awarded...