Word: reliefs
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This month, thousands of bereaved worldwide will observe the tsunami's fifth anniversary as solemnly as its first or its 50th. The rest of us can take some solace in the fact that while the tragedy of the tsunami touched every continent, so too did the relief effort that followed. More than 100 countries took part in the tsunami response. Some $13.5 billion was pledged in aid, with an unprecedented $5.5 billion donated by the general public. Not since the Live Aid famine-relief concerts of 1985 had the world's compassion been so galvanized. At one point, Britons were...
...people from 177 countries. With an influx of foreigners, the government saw a need to build four state-run churches in Pyongyang in the following years, though critics maintain they're facades to show the world that it supports freedom of religion. "[Foreign missionaries] are allowed to come for relief or other purposes, only if they promise not to spread the word," argues Kim. (See pictures of the key moments in North Korea's history...
...court, Chan's professional tomfoolery (he once told a former legislator to burn nearly $2,000 a day "for luck") was thrown into sharp relief against the obscenity of his remuneration - so sharply that many Hong Kongers, including myself, were at last woken from the thrall in which feng shui had held us. Chan couldn't even produce a credible expert witness. Joseph Yu, the Ontario-based feng shui practitioner called as such, revealed that he was almost entirely self-taught, prompting Justice Johnson Lam to remark, "I think there is no need to cross-examine any further." (Watch TIME...
...happy with what his government has done so far, which is vastly more that any fractious, self-opinionated, center-left alliance did in the past. Many members of his Cabinet like the Ministers of Finance, Agriculture, the Interior, Environment (a woman), Instruction (another woman) and the Disaster Relief Agency are delivering good results. Ms. Carfagna is not just a pretty partygoer, her achievements as Minister for Equal Opportunities are hard to deny. Among the voters who elected Berlusconi were many urban professionals, well educated, cosmopolitan, weary of the stiff-upper-lipped intelligentsia. Demetrio Malara, VARESE, ITALY...
...analysts say Citi's rush to repay the assistance it got through the government's Troubled Asset Relief Program (TARP) will make the bank weaker, not stronger. The move will reduce Citi's capital ratios and hurt earnings; it may also accelerate a retreat of foreign investors from the company's shares. Worse, the government is demanding stricter terms from Citi than it did from Bank of America on the repayment deal it struck just a week ago. The different treatment shows that the government remains more concerned about Citi's finances than those of its rivals...