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...voting snafus add up to another black eye for American democracy. "In some developing democracies, you actually see more sophisticated voting structures than you do here," Greenbaum said. That's because some of the newer democracies use the latest technologies across the entire country, unlike in the U.S., where elections are operated in a patchwork fashion by local governments. Experts said things could have been much worse if an estimated 30% of voters hadn't cast early ballots before the crush on Tuesday...
...that shipped the diethylene glycol used in cough medicine that killed more than 100 Panamanians."While China's State Council announced new rules for stricter controls on food producers and tougher punishments for violators, poor oversight allowed producers to adulterate dairy products and animal feed with melamine until the latest scandal broke in September. And that means that after the livestock feed recall, the list of tainted products is likely to grow. "If animals are fed this stuff, then they have it in their meat," says Nestle. While Beijing has announced expanded testing procedures for the dairy industry, cracked down...
...there is one upside to the latest product scandals, says Yang, it's that companies learn the risk of selling harmful products. Not only could their businesses be destroyed, but they can face harsh criminal punishments. "This takes more time. There are still a lot of problems, but grudgingly progress is being made as different stakeholders are learning the hard way." If those lessons don't sink in, then expect a Chinese Product Safety Scandal...
...Anibal Fernández accused Venezuelan-American businessman Guido Antonini Wilson, a Key Biscayne resident who collaborated with the FBI to secure the conviction of his former associate Frank Duran in Miami yesterday, of "being paid to say what he says." But that's unlikely to help soften the latest blow to a government reeling from a drastic fall in public approval ratings, and a loss of confidence in Argentina's peso...
...latest of these economic measures is a bill that will be presented to Congress this week, which would nationalize the private funds in which many Argentines keep their pensions - a move that should swing some $30 billion from private individual pension accounts into state coffers. The announcement sent Argentina's stock market plummeting, while the rush of depositors to convert their savings into dollars resulted in a 7% devaluation of the peso. The financial earthquake caused by the initiative has put the Argentine economy "in intensive care," says columnist Morales Sola...