Word: nationalizes
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...company switched CEOs this month, hiring Ron Marshall, a turnaround specialist and former Barnes & Noble executive. "Borders remains one of the nation's strongest brands with millions of loyal customers who love our stores," says company spokeswoman Anne Roman. "Our new leadership recognizes our challenges, admits that we have made mistakes, and is focused on getting our financial house in order as an immediate priority." Borders stock has flirted with a New York Stock Exchange delisting; it closed at 52 cents per share on Jan. 27, a 95% drop over last year. "They're in survival mode," says Davidowitz...
...Bolivia A COUNTRY REBORN Although the South American nation has seen many constitutions--17 since it was founded in 1825--the latest incarnation received more than 60% approval at the polls, the first time a Bolivian constitution has been up for a national vote. The document promotes equality for Bolivia's put-upon indigenous majority and nationalizes several natural resources, among other changes. The result bolsters President Evo Morales' chances in coming elections, although he still faces opposition in Bolivia's wealthy lowlands; at least four out of nine provinces rejected the charter...
...down the birthrate per female, from six children to two, with the full support of religious leaders. They at first urged Iranians to boost the ranks of the "soldiers of Islam" but then promoted contraception to stop the alarming growth in population. The lower birthrate is critical to a nation like Iran as its economy evolves. About 7,000 women went door-to-door in Tehran and talked to mothers about the benefits of smaller families, informed them of the different types of birth control and handed out condoms and pills. "I must give credit to Iran's religious leaders...
...World Summit adopted a set of principles called the responsibility to protect, or R2P. Intended to prevent a repeat of cataclysms like the one in Rwanda, when the world watched but did little, R2P enshrines in international law the justification and obligation for intervention. A nation forfeits its sovereignty if it commits or is unable to prevent massive human-rights abuses on its soil. Should that happen, other nations can take action--using peaceful means such as diplomacy or sanctions or, if all else fails, military force--through the U.N. Security Council. Though the intent is not to replace...
...subsidiary plant in Nebraska. "A sale is likely," says Joseph Sarachek, a court-appointed trustee temporarily overseeing Agriprocessors' operations. "This is a real buyer." But he adds that the offer is the opening bid in what will probably be a March auction for the plant, which was once the nation's largest kosher meat producer and once Postville's major employer, with 968 workers. He predicts it will be a few months before the plant is sold and run by a new owner. Agriprocessors does hope to ramp up hiring and production soon, especially to meet Passover demand. After...