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...Detroit A Win for GM It appears Cadillac will not be going the way of the Edsel, thanks to a federal bankruptcy judge's ruling that may save General Motors. The July 5 decision will let GM sell its best assets--including the Cadillac and Chevrolet brands--to a new company of which the U.S. government will have 60% ownership. The sale, opposed by some bondholders and consumer groups, could let the storied automaker emerge from bankruptcy in less than two months...
...also knows Guatemalan politics is still treacherous. More than 50 candidates were assassinated during the general election in 2007, the same year three visiting Salvadoran congressmen were murdered by rogue policemen (who were then mysteriously killed themselves). In his video, Rosenberg says his coffee-baron client Khalil Musa was gunned down along with his daughter in April because Musa knew too much about drug-money-laundering. "Rodrigo wanted to talk about the deadly manipulation of laws and lives here," says his half brother Eduardo Rodas. Guatemala has asked the U.N. and the FBI to investigate his murder. After 500 years...
...moon, the U.N. Secretary-General, was subject to a bitter attack in Foreign Policy magazine recently for "frittering away influence" at a time when "global leadership is urgently needed." But Tim Wirth, president of the U.N. Foundation, argues that Ban's critics miss the point. The U.N., Wirth says, is not a vertical institution but a horizontal one, with 192 nation-states acting as shareholders. Ban can't tell the U.N.'s members--or even its agencies--what to do. He has to negotiate and coordinate, find a consensus. He manages to do that, Wirth says, by "keeping...
Still, he won the vote and then a sweeping victory in India's general elections this year. It isn't Singh's speeches that win him followers; it's the fact that first as Finance Minister and since 2004 as Prime Minister, he has led India through a series of radical economic reforms that have made the world's largest democracy also one of its fastest-growing economies--and protected the poor too. It's Singh's actions that have changed tens of millions of lives for the better, not his words...
...became Prime Minister in 1996, Australia's Howard had been turfed out as leader of his own party, and when asked if he might ever lead it again, he said such an event would be like "Lazarus with a triple bypass." Howard then went on to win four general elections...