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...Bill of Rights will make most of the payment tracking software useless. The banks that bought it will have to write it off. They also have to face the prospect that people who are poor credit risks can run up tremendous sums on their cards, expose the lender to greater risk, and not have to pay a tenth of a percent in extra interest because they are increasingly likely to default. Congress uses perverse mathematics that no one else has to make certain that banks will write down more money on credit card losses. This gives the government the opportunity...
...Evelynn M. Hammonds presented a set of recommendations concerning the College’s primary disciplinary body, the Administrative Board, at the Faculty of Arts and Sciences meeting yesterday. The report, the product of an 18-month review by the College Dean-appointed Administrative Board Review Committee, calls for greater attention to student needs in a process predominantly viewed as intimidating, Hammonds said at the final Faculty meeting of the year. The Dean’s remarks yesterday were meant to be an introduction to the Ad Board Committee’s findings—the report?...
...impressed on me the need for armed struggle and persuaded me to put my trust in it," Prabhakaran said. Jaffna was then considered the heart of Tamil culture and literature in Sri Lanka, and also the center of the growing Tamil nationalist movement, which called for greater autonomy for Tamil-majority areas to protest what they considered discrimination against Tamils by Sri Lanka's Sinhala-speaking majority. The most radical groups wanted complete independence and struck out at symbols of the Sri Lankan state, including fellow Tamils whom they considered collaborators...
...Colombo, under increased monitoring by the state. Nearly all of Sri Lanka's moderate Tamil politicians have been eliminated by the LTTE, which insisted that it was the only legitimate political voice for the Tamil minority. With the end of the LTTE, the Tamil National Alliance may play a greater role in negotiations for Tamil rights. There is still some hope of a political settlement that will grant Tamils some protection and greater autonomy; the Sri Lankan government is expected to ask for millions in international aid to rebuild the north. But the dream of eelam may be dead. (Read...
...sick with the new strain of flu now range from 5 years old to 60. "It circulated silently, without anybody thinking of it," says Peter Cordingley, spokesman for the WHO in Manila. "The virus is highly transmittable, and signs of it breaking out of a contained area into the greater community must be watched and taken very seriously." (See the 5 things you need to know about swine...