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Emerging markets have often been unkind to banks. Unstable governments, dubious corporate management practices and wild swings in investor confidence can make the developing world far less predictable than the more advanced economies of the West. But the current financial crisis has stood a lot of the conventional wisdom on its head. As the Wall Street subprime meltdown sent prominent banks in the U.S. and Europe tumbling, financial institutions doing most of their business in developing countries have come through the crisis looking healthier - and smarter...
Though I do not eat much beef, I love Kate Pickert's article about cow-pooling [June 15]. I grew up on a farm in Arkansas where my sister and I stood on the fence and waved goodbye as the cows were loaded onto the truck to be taken to market, and where my dad once made me and my friends get up at 6 a.m. after a sleepover and dig potatoes. My kids have been growing up in the suburbs, not knowing where food comes from. Now we are growing vegetables in the backyard, and they are helping debone...
...Natural Resources Defense Council and the League of Conservation Voters, even if some groups feel that the measure is too weak. When Waxman announced the agreement in a press conference Wednesday, about 30 supporters wearing T shirts and carrying placards that read MAKE OUR ENERGY CLEAN, MAKE IT AMERICAN stood behind him. Still, the support of their groups remains tenuous. "It's not a perfect bill and we're concerned that the Senate might weaken the near-term emissions reduction caps," said Brenda Ekwurzel, a member of the Union of Concerned Scientists, holding a placard behind Waxman. "We'd look...
...went in to look around and came out of the back door and stood in the doorway in this red suit, and she said in her Southern accent, "Well, is this anything?" And I literally said to myself, "Oh my God." I knew that was it. I had an Indian blanket from Mexico that served as the seat cover for my beat-up 1937 Chevy pickup with colors that, it just popped into my head, would match the suit. I'd like to make it sound like it was all planned. But it was a spontaneous, happy intersection of coincidence...
...cases tarnished during the 1998 riots and the breakaway of East Timor the following year, is enough to convince some voters that SBY remains the best man for the job. "SBY may be a bit dull and is not about fiery rhetoric, but at least he has stood behind his principles," says Hidayat Jati, an executive in the media industry. "Even his in-law [former central banker Aulia Pohan] has been put in jail for corruption. People like seeing that the élite are no longer above...