Word: marches
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That's actually when we might start to see a problem, according to Raj Date, executive director of the Cambridge Winter Center for Financial Institutions Policy. In congressional testimony on March 2, he made the case that as the demand for loans from creditworthy borrowers picks back up, there might not be enough lending to go around. Part of that has to do with many small banks' capital constraints - money they would lend is still tied up in those real estate loans. Just as important, though, other places business owners have looked to for funding in recent years, like home...
...This was just the opening salvo. The outspoken O'Leary, who once said that swine flu was only a risk for Asians and Mexicans "living in slums," went on the offensive. In his own statement on March 15, he questioned why, if easyJet values punctuality as its website claims, the airline hasn't published its weekly on-time flight ratings since last April. "Like all spoilt children, [Haji-Ioannou] laps up the attention of being Mr. easyJet, but he can't take the criticism, even when in this case it's valid," he said in his message. Then things...
Until Sunday, March 21, few out of Michigan's rugged 1st Congressional District, which stretches for 1,600 miles (2,575 km) along the Great Lakes, had ever heard of Bart Stupak. But as the clock ran out on health care reform, all eyes were on the Democratic Congressman. "How does it feel to keep the whole world waiting?" a reporter joked to laughter as Stupak entered a packed television studio on the third floor of the House of Representatives, hours before the expected vote on health care reform, to announce his decision. Flanked by six other pro-life Dems...
...Benedictine monks in Ettal, Bavaria, which was raided by state prosecutors. Germany's Catholic Church has pulled out all the stops to convince parishioners that it's doing everything to prevent such abuse cases from happening again. It is setting up a nationwide hotline for victims of abuse on March 30 and has pledged to step up preventive measures and work closely with state prosecutors...
...Mexico's absence has left a critical leadership hole in the hemisphere's midsection. But as Calderón gets set to host U.S. Secretary of State Hillary Clinton on March 23, he looks determined to fill that void again. Last month he convened a summit in Cancún to create a multilateral organization promoting regional unity - a body that includes all 32 Latin American and Caribbean nations but pointedly excludes the U.S. and Canada. The Community of Latin American and Caribbean States (CELAC) "makes possible an old desire that [we] have [our] own space for dialogue and political...