Word: riches
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About 35% of the shares will be up for sale to investors abroad, making some Kenyans grumble that rich foreigners - or rich Kenyans with foreign bank accounts - would profit off the sale. "It's just another advantage to the rich, who will keep their millions and millions," says David Mutua, 27, a security guard. Still, the IPO was so popular among ordinary Kenyans that even opposition leader Raila Odinga, who narrowly lost a disputed presidential election to incumbent Mwai Kibaki in December, had to dial back his distaste for the offering. Once he realized that the sale would go ahead...
...While shopping might become quicker and more convenient, what about the jobs that will be lost? Companies will make more money without needing to pay as many employees, but will that really make the world better? I'm no economist, but I feel it'll just make the rich richer and put more people out of work. Jeff Richmond, MONROVIA...
...went up to the stage to receive appreciative and deserved applause. The Stravinsky also included tricky, unusual rhythms and atypical harmonies, but the ensemble proved themselves up to the task of playing it. In the first movement, Charlotte S. Austin ’11 commanded the stage with a rich and nuanced solo. The orchestra traipsed along through the movement, maneuvering through the quirky piece and making evident the ironic, twisted elegance for which Stravinsky is famous. The piece’s sudden contrasts were deftly delivered as well, as the players transitioned from elegance to a forceful march...
...admissions and financial aid was applying to the College in 1962, the first two teachers he asked for letters of recommendation refused. “They wouldn’t write for Harvard because they thought it was a bunch of Communists, a bunch of atheists, a bunch of rich snobs, and if you went there you’d flunk out and you’d lose your soul,” said William R. Fitzsimmons ’67, who has served as dean for the last 22 years. “At that point it made Harvard...
Sources in Basra tell TIME that there has been a large-scale retreat of the Mahdi Army in the oil-rich Iraqi port city because of low morale and because ammunition is low due to the closure of the Iranian border. TIME has not yet been able to confirm those reports with U.S., Mahdi Army or Iraqi government authorities...