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...Board of Regents approved on July 16 an emergency budget plan that would force 80% of the system's 180,000 employees to take unpaid furloughs of 11 to 26 days over the next year. UC president Mark Yudof said the furlough plan was preferable to layoffs in an enormous system that includes five medical centers, three national laboratories and 225,000 graduate and undergraduate students. UC officials have yet to secure agreement on the furlough plan from the unions that represent 35% of university employees. (See pictures of the career of California First Lady Maria Shriver...
Public-relations executive Ruby Purnomo was sitting in his office in the building next door to the Marriott when he heard the first explosion around 8 a.m. "It was small but enough to cause panic," he says. "Our whole building was evacuated as we had been prepared since the first Marriott bombing...
...press conference, Yudhoyono also lamented Manchester United's cancellation of their planned soccer match with an Indonesian all-star side next week. "If this hadn't happened, the best-known soccer club in the world would have played in Jakarta," he said. The team had planned to stay at the Ritz-Carlton...
...talk about "unilateral euroization" - using the single currency without going through the rigorous euro accession process - but once the economy settles, joining could be relatively straight-forward. Iceland's debt, deficit and inflation rates currently too high to fulfill the euro criteria - are expected to fall fast over the next few years to meet the entry demands. (See pictures of the Top 10 scared traders...
...Turkey's new non-smoking law makes it only the second developing country after Uruguay to institute a comprehensive ban. That is significant - according to the World Health Organization, developing nations will account for 80% of the world's tobacco-related deaths over the next decade, as smoking rates in developed countries fall and tobacco companies step up their presence in other markets to compensate. "People in the region are watching Turkey closely," says Ratte, who is due to take her anti-smoking campaign to Egypt next. "It could become a regional role model, like Ireland was for Europe...