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...Majority Leader Tom DeLay of Texas announced they were stepping down from Congress this year after being dogged by questions about their relationships with the disgraced lobbyist, who has plead guilty to mail fraud and bribery; Ney has already pleaded guilty to bribery charges, while DeLay has continued to insist he did nothing wrong. But a bipartisan report by the House Committee on Government Reform released Thursday puts the White House at the center of questions about whether the lobbyist improperly influenced its decisions on policy matters, just as he did on Capitol Hill. Here's what we learned from...
...Estonia an unalloyed financial and technological utopia? Not quite. Oddly, the country's economic coherence of the past 15 years has gone hand-in-hand with political fractiousness. There have been 12 governments since 1991, and increasingly there's a polarization between those who insist it's vital for Estonia to stick to its current successful model and those who argue it's time for serious tinkering. The tax system, widely seen as a cornerstone of Estonia's success to date, faces the biggest threat. A 26% flat income tax was introduced in 1994. The rate has since dropped...
...departmental courses remains agonizingly low. We are stumped as to why English 151, “The 19th Century Novel,” is somehow worthy of Core credit, while English 141, “The 18th Century Novel,” is not. Bizarrely, the Core continues to insist that its presentation of various “approaches to learning” justifies its distinctness from the rest of the curriculum. Perhaps students could be expected to put up with this absurd pretense while the Core was the only game in town. But now that all relevant parties have...
...cash reserves. But lately, it has teamed up with multinationals seeking Corporate Social Responsibility credentials, who send their employees and also pay for the privilege - which has allowed Habitat to expand its programs significantly. Between 25-40% of Habitat volunteers now come this way. In Cluj, the companies insist they're not in it for p.r. points alone: they view it as a tough bonding session with concrete business returns. "This is team building with meaning," says Ian Railton, Italy-based head of Whirlpool's Ikea account team. The 14 people sweating it out in the Romanian sun certainly share...
...invested extensively in global oil and mining companies such as ExxonMobil, Elf Aquitaine and Rio Tinto. "There's a real disconnect between the investment side and the acknowledgment of climate change," says Matthew Arnold, who tracks the U.S. insurance industry as a director of consultants Sustainable Finance. Insurers, however, insist that that's changing. With the growth of carbon-trading markets in Europe and the U.S., and the increasing likelihood that businesses' carbon footprints are likely to be taxed in the future, polluting companies and certain sectors are beginning to look like less attractive investments. For the past year, German...