Word: situationer
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What's more, unlike the situation at the height of the credit crunch, corporations are able to raise money from investors. On Tuesday alone, corporations sold $23.5 billion in bonds, making it the second most active day in debt sales by companies on record. In 2009, corporations issued $712 billion...
Up to 30 million debit and credit cards - around a quarter of all those in circulation in Germany - have been rendered unreadable by the software bug, causing chaos across the country. The situation harks back to the fears over the so-called millennium bug, which many experts thought would cause...
"Germany is a high-tech country and it's incredible this software bug could have happened here," Manfred Westphal, head of the financial-services department of the German Consumers' Association, tells TIME. "It's a lousy mistake - obviously the banks didn't test the software properly beforehand." Consumer groups say...
"This is a very important issue and one, I suspect, that has been the biggest cause of delays," says Hans Kristensen of the Federation of American Scientists. "We don't want Russian war planners deciding to put as many warheads as possible on their delivery vehicles - that is not a...
When Awful Is Good For foreign aid to have an effect in Yemen, it would have to be tied to some kind of reform process that both addresses Yemen's endemic corruption and devolves some power from Saleh. At the top of the wish list would be a political reconciliation...