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What's in an apology? Some expressions of remorse are commonplace - we hear them on the playground when kids smack each other on the head, or they land in your inbox after a friend forgets your birthday. It's the grand-scale apologies, it seems, that are harder to come...
...will authorities determine which inmates will be forced to foot the bill for their incarceration? It's on a sliding scale. The highest level is $200,000 and above; [inmates worth that amount] will pay all their stay. If you're worth $40,000 or less, you wouldn't pay anything. You can't get blood from a stone; we're not trying to cause pain...
...particular the 40th-day anniversary of Neda Agha-Soltan's death, which will occur at the end of July, and the inauguration of President Mahmoud Ahmadinejad for a second term. The date for the swearing-in has not been announced for fear of triggering a mass gathering on the scale of the Friday prayer last week, when former President Ali Akbar Hashemi Rafsanjani spoke for the first time since the election and condemned the government's response. Until then, protesters, even the more timid who choose to stay indoors, seem to be sticking to their tried-and-true form...
...TARP has evolved into a program of unprecedented scope, scale and complexity." - In prepared remarks at a hearing before the House Committee on Oversight and Government Reform. He estimated that U.S. taxpayers may eventually have to pay as much as $23.7 trillion for TARP. (Bloomberg.com, July...
...There are signs, though, that Beijing may be slowly changing its policy toward the yuan in ways that could, over time, lead to its greater use on a global scale. Most notably, China and Hong Kong launched a pilot program this month through which Hong Kong banks can begin settling cross-border trade transactions in yuan for selected Chinese companies. This step will likely increase the use of yuan in Hong Kong, one of the world's premier financial centers. (The program also solidifies Hong Kong's role as China's chief financial hub.) This step follows a series...