Word: nationalizes
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...honorees at our annual TIME 100 gala that included social entrepreneurs and activists, First Lady Michelle Obama announced that as part of the new Serve America Act, the White House is creating the Social Innovation Fund to help nonprofits and individuals who are working on creative solutions to the nation's most difficult challenges. TIME supported the creation and passage of the Serve America Act, and Mrs. Obama's speech--she is, by the way, a TIME 100 honoree--was a fitting capstone to both the evening and the movement for national service. She cited three young social entrepreneurs...
...easy to understand the economic appeal of the project: the county's poverty rate is among the nation's worst, its unemployment rate hovers around 10%, and Hardin has seen much better days. On a Saturday morning, two thirtyish sisters who had been up all night partying slouched in the sun against one of many vacant storefronts lining Center Avenue. They said they were afraid they might be picked up by the police and tossed in jail. They laughed with some relief when reminded that the closest lockup, Big Horn County Jail, was now so overcrowded that it was turning...
Firecrackers exploded around Colombo on Monday as Sri Lankans celebrated what they hoped would be the end to a civil war that has plagued the nation since 1983. At 1:40 p.m., Sri Lanka's government radio announced that Velupillai Prabhakaran, the elusive leader of the Liberation Tigers of Tamil Eelam (LTTE), was killed early this morning by special forces in the island's northern Karayamullavaikkal area. The 54-year-old Prabhakaran, who headed the Tamil separatist movement for 33 years, had been trying to flee the shrinking 100-m by 100-m pocket of land still under Tiger control...
...least six top Tiger leaders were killed in fighting in the early-morning hours, including Prabhakaran's 24-year-old son Charles Anthony. All of the leaders, including Prabhakaran, appeared to be fleeing in the same two-vehicle convoy. The entire country had been decked in the Sri Lankan national flag since Sunday, anticipating the final victory over the Tigers. President Rajapaksa is due to address the nation from parliament on Tuesday...
...ICRC Colombo office said it had no information of any such communication. Military sources told TIME that the Tigers were also suspected of talking with a European nation and the U.N. in order to surrender to a third party. "We gave them so many chances to surrender. The President kept repeating this," Hulugalle told TIME. "They waited this long. They caused so much of death and damage. They exhausted any chance of any surrender." (Read about the Tigers' last few days of battle...