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...have to do with tracking the money, how the money can and can't be used, accountability for the money, what dividends cannot be spent with it, the executive pay issues," said Senator Carl Levin, a Michigan Democrat, emerging from the meeting. "In other words, there's a whole host of misuses of the first half which have to be avoided the second time around." The detailed letter, which may come from Obama's economic adviser Larry Summers, is expected to arrive before a potential vote on Thursday. Levin added that such a letter would be enough...
...lifting of the [18-month long] Israeli siege on Gaza." It isn't clear yet how close the Egyptian proposal mirrored Hamas' demands for a cease-fire in the 19 day-old conflict. When the assault started, Palestinians accused Egypt of catering to Israel (Cairo had just played host to Israeli Foreign Minister Tzipi Livni). The Hamas source commented pessimistically, "We're 100% sure that Israel won't accept our demands, but let's see how far the Egyptians get with them." Israeli Prime Minister Ehud Olmert held a late-night meeting with his advisers to brief envoy Amos Gilad...
...Religion and politics will never go together," says Emad al-Azzawi, a mobile-phone vendor in Hurriya district who says he too would vote for al-Maliki's Dawa Islamic Party, despite its predominant Shi'ite background. Indeed, al-Maliki has also found friends in a host of new tribe-based parties that have grown out of Anbar's largely Sunni Awakening movement. (See pictures of a summit of Anbar's sheiks...
Since 2008 Grameen has collected 1,700 borrowers in New York City, and last June it opened a second branch in Omaha, Neb. Other cities in its sights include San Francisco, Boston and Charlotte, N.C. - anywhere local businesspeople raise seed capital and a bank will host low-cost savings accounts for borrowers with just a few dollars, since savings are a key part of the Grameen philosophy. "There are whole populations that aren't being reached by the banking sector," says Bob Annibale, director of microfinance at Citibank, which partners with Grameen in New York. Like other financial giants, Citi...
...rock and roll!”These are just a few scenes in the evolving life of Veritas Records. From performances to album production, the label fills a unique role in the Harvard community as one of the sole outlets for students interested in modern music. With a host of new projects and bands, the label is gearing up for what it hopes will be its most prominent, prolific, and exciting year yet.THE HISTORYVeritas began in 2003 as the pet project of Matt L. Siegel ’05 and Dan J. Zaccagnino ’05. In their sophomore...