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Now that the bank stress tests are completed, is it time to plan another round? The government's bank exams, the results of which were released in early May, seem to have calmed the market and paved the way for the nation's largest financial firms to raise tens of...
A third lesson, and perhaps the most pertinent, is that spending so much money in such a short time is bound to be wasteful. "Every village wanted to have the same dog kennel," jokes Klaus F. Zimmermann, president of the Berlin-based German Institute for Economic Research (known by its...
Wolfe's brainchild is a model of what that immune system might look like. With funding from the likes of Google, GVFI has teams on the ground in Africa and Asia surveilling wild animals and the people who live in proximity to them for new pathogens. These "sentinel populations" will...
According to Reuters, "Treasurer Charles Holley said Wal-Mart has planned a number of merchandising initiatives to appeal to cash-strapped shoppers, including its dollar program." The theory behind the promotion is sound. Most stores could not bring in a lot of revenue selling items at $1 a piece, nor...
For Guatemalans and political observers, the implication of Colom's involvement in Rosenberg's murder has recalled the days in which tens of thousands of political dissidents were abducted and killed by the government. Colom's own uncle, a former mayor of Guatemala City, was "disappeared" in 1979. "Rosenberg's...