Word: recessional
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At first blush, Ann Arbor is an unlikely place to earn the dubious distinction of being the first good-size municipality in the U.S. to give up on its only daily newspaper. A2, as the town is known, is more or less the beauty queen of Michigan: pretty, confident and...
But passion cuts both ways. "It feels like they wrecked part of our community and built this shiny new thing," says Julie Weatherbee, 42, who works at the University of Michigan library. "And we don't want it." Weatherbee wasn't a huge fan of the old paper but thinks...
International aid organizations are also struggling with a shortage of supplies. So far this year, donors have contributed a total in cash and kind of almost $176 million, equivalent to 271,000 metric tons of food - less than 50% of last year's contributions. Many aid workers blame the financial...
It's a sentiment that is not good news for President Ma Ying-jeou, elected with 58% of the vote last year and already battling the island's recession, who now faces another major challenge to his relatively new administration. Taiwan is known for its susceptibility to big storms, and...
China's second tack is to prolong negotiations over the contract price of iron ore with the two main suppliers, hoping to wear them down while frantically moving to line up other potential sources beyond Rio and BHP Billiton for next year and beyond. China is the world's largest...