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...Microfinancing empowers Bangladeshi women. Is it driving cultural change? Lucas Torrin, Ottawa The most dramatic thing that has happened in Bangladesh in the last 25 years is the total change in the status of women. Microcredit has played a very important role in that, particularly with poor women...
...improvement, the financial situation is still far from normal. Some huge financial institutions, from AIG to Royal Bank of Scotland, remain on government life support. Jürgen Stark, a board member of the European Central Bank (ECB), recently estimated that financial institutions operating in Europe alone are facing total losses of around $650 billion between 2007 and 2010 - and have so far written down less than half of that amount in their books. "There is no room for complacency," he said, warning that extraordinary government and central-bank bailout measures "cannot be sustained forever...
...original version of this story misstated the total program fees for a 45-day stay at the ReSTART recovery center...
Still, the summit wasn't a total loss for greens. President Barack Obama introduced the idea of phasing out fossil fuel subsidies over time, to help improve energy efficiency and "transition to a 21st-century clean energy economy." Phasing out subsidies for fossil fuels would save money - the Environmental Law Institute estimated that the U.S. paid out $72 billion in subsidies between 2002 and 2008 - and correct a market that has been warped against low-carbon alternatives precisely at a time when nations are supposed to be cutting carbon. But again, specifics of a concrete plan were wanting in Obama...
...Nasiabad; it was not my old neighborhood. Nasiabad is a locality in the south of Tehran and I lived in the eastern side of Tehran. A second point is with respect to the number of people who were martyred on Iranian side as a result of the war. The total number of people who lost their lives or were martyred as a result of the war that Saddam Hussein launched against our nation were about 160,000 and there are 70 million people in Iran, it is a very big nation. We have the exact figures and records...