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...paying off its debts, al-Maktoum told them to "shut up." But on Thursday, as Dubai's government announced it was seeking a halt to its debt repayments ahead of a $4 billion bill due on Dec 14, spin was at a minimum. So many worried investors tried to join a conference call for bond holders of Nakheel, a property company owned by Dubai World, the lines collapsed...
...Dubai's problems stem from its huge - and hubristic - ambition. The Gulf emirate, which unlike the other emirates that join to form the U.A.E., has little oil or gas, and so has concentrated on building itself up as a vibrant business and transport hub and the home to some of the world's biggest, flashiest and most modern real estate. To lure in the masses, Dubai promoted itself as an income tax free resort for the world's rich and upper middle class. Dubai's master planners developed a signature over-the-top style geared to the tastes of newly...
...interviews with local media, Mangudadatu told of death threats over his challenge for the governorship, and has publicly accused Ampatuan. He did not join the convoy, but filled it with female relatives, including his wife and two sisters, and supporters, as well as a large group of journalists to cover his candidacy. "Among the conventions that govern clan and political-related violence in the region is that women, children and the elderly are off-limits as targets," wrote Manuel Quezon III, a prominent political commentator, on his website. Besides those connected to the Mangudadatus, 27 local journalists were among...
...forward to seeing Harvard’s daughters killed on the battlefield? Why did President Faust not also bemoan the fact that there are no black or Native American Medal of Honor recipients from Harvard? In fact, President Faust could take an active role to encourage more women to join the military and earn this award if she would allow ROTC back on Harvard’s campus...
...been nearly seven years since the British government decided to join the U.S.-led invasion of Iraq despite vocal opposition from antiwar activists at home, as well as a host of countries around the world. Years later, the bloody conflict, which claimed the lives of 179 British soldiers, remains deeply divisive in Britain. Revelations about former Prime Minister Tony Blair's intentions in the run-up to the war, as well as the views of military commanders during the fighting, continue to make front-page headlines and dominate the national debate...