Word: marche
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...German towns and cities are appealing to the German government to bail them out. In March, a group of municipal authorities appealed to the Kreditanstalt für Wiederaufbau, or KfW, Germany's Marshall Fund-era state-owned bank for reconstruction and development, to buy out AIG and replace it as their credit insurer. The plan might work, but KfW is reluctant. "We are looking into the matter," a KfW spokeswoman says...
...Well, no need to worry about 2017 anymore. Thanks to the worst economic downturn since the 1930s, the moment of reckoning is already almost here: according to both the budget proposed by the White House in February and projections issued by the Congressional Budget Office (CBO) in March, Social Security benefits ($659 billion, according to the CBO) will exceed payroll taxes ($653 billion) in fiscal 2009 for the first time since 1984. Payroll-tax receipts generally hold up much better in recessions than do income taxes, but job losses have been so severe that the CBO expects them to decline...
Overheated daydreams about history can be dangerous. Nevertheless, at least one analyst believes that while there is potential for conflict, there is also the possibility of a new order for the Indian Ocean - with a central role for the U.S. In the March-April edition of Foreign Affairs, Robert Kaplan envisions the U.S. as managing the rival ambitions of India and China into a workable security continuum, even as Washington's ability to project naval power recedes. There are enough interlocking economic interests, he says, to keep tempers and national interests from roiling the waters. America, Kaplan concludes, "will serve...
...quietest man I have come across. He was so soft-spoken that you could not hear him under his breath. It made you wonder, even if momentarily, if he really led the Tamil Tigers." - Sadanand Menon, Indian journalist (New York Times, March...
...positive children should not be allowed to study at the same schools as uninfected children, and 40% said they would not willingly share workspace with a colleague they knew was HIV positive. The government has taken steps to improve these attitudes, including implementing an anti-discrimination law in March 2006, but perceptions like these don't help in the fight to educate people about their own risk of infection. "It's not something that can change overnight," says Schwartlander. "People have to get their mind around...