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...Consumers in nations that already have such official taxes won't be included in the first phase of the voluntary contribution. If the initiative proves successful, though, expect it to expand. As for the size of the suggested contribution, Douste-Blazy says it was kept at a modest $2 so as not to take funds away from UNICEF and other aid organizations that rely on donations. If the initiative does take off, is there a risk that governments will view it as an excuse to spend even less on international aid? Douste-Blazy is firm: "It's an addition...
...surprise fourth quarter losses at Merrill, there are also some indications that Bank of America officials were kept in the loop. A chain of e-mails reviewed by TIME.com shows that Merrill employees were giving Bank of America executives regular updates about the deteriorating profits at the investment bank. In a response to a Dec. 3 e-mail detailing nearly $1 billion in additional Merrill trading losses, Neil Cotty, B of A's chief accounting officer, responded, "BTW ... thank you for this ... they did ask ..." Importantly, none of the e-mails say the information on Merrill's losses was needed...
...raids from the myriad groups that sprung up to grab the gelt; and Peter, Paul and Mary disbanded in the early '70s to pursue solo careers. At the end of the decade the group reunited, "after their rejuvenating years of personal re-definition" (their website's words). Though they kept recording new material, they were essentially an oldies act, appearing with other antique pop-folkies like the Highwaymen and the Brothers Four at concerts that PBS liked to air in prime time during every pledge week. Travers, by then on her fourth husband, had put on quite a few pounds...
...better just to let go gracefully. Life has its trade-offs. As you age, you lose things like teeth and the ability to play in the ball pit at fast-food restaurants, and you gain things like experience and employer-based health insurance. Maybe what has kept our generation so enmeshed in technology is the fact that most of us lack actual lives. All that time that we spend tweeting our thoughts and emotions to our next of kin, we could be writing the great American novel, starting a business, or just living. Maybe on the not-so-distant morning...
...Keating reflects. “But I’ve always liked using stick skills and shooting the ball, so I think it was a smart transition to put me up there.”Although the idea came as a surprise to the junior, Keating kept an open mind and has reaped the benefits. After two moderately productive seasons at midfield, in which Keating notched 14 points over seven starts, the newly-minted forward has exploded in her third year, shredding opposing defenses like a veteran.“[Keating] has brought a lot of energy and intensity...