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...with billions of dollars this year for the Iraq war and related costs there and in Afghanistan. His initial pledge of $15 million in humanitarian aid was an insult. Only after days of criticism did he increase the pledge of U.S. aid to $350 million. The U.S. is the wealthiest nation in the world, and generosity is our greatest virtue. Helping others in time of need is the right thing to do. It's the American...

Author: /time Magazine | Title: Letters: Jan. 31, 2005 | 1/23/2005 | See Source »

With nearly $4 billion pledged in tsunami relief so far, the governments of the world's wealthiest countries have sought to lay to rest doubts about the largeness of their largesse. But the sobering backdrop to that rush of official sympathy is a sorry history of half-finished aid efforts. The Iranian city of Bam, for example, where an earthquake killed some 30,000 people in December 2003, has so far seen only $17 million of the $1.1 billion in aid pledged by foreign governments at the time of the disaster, Iran's leaders say. To do better this time...

Author: /time Magazine | Title: Foreign Aid: How Much Will Really Go to the Victims? | 1/10/2005 | See Source »

...will be receptive to student ideas for any additional action. While we have in the past been critical of Massachusetts Hall for overzealous guarding of University coffers, we are thankful that Summers has taken such a generous stance in this most dire circumstance. As the world’s wealthiest nations and individuals have opened their wallets, it is only appropriate that Harvard, one of the world’s wealthiest private organizations, should contribute to the cause as well...

Author: NO WRITER ATTRIBUTED | Title: Aiding the Tsunami's Victims | 1/7/2005 | See Source »

...stricken Pacific island of Nauru these days, and it's coming from a 35-year-old Harvard graduate named David Adeang. Since becoming Finance Minister in the new government of President Ludwig Scotty, the popular Adeang has been fighting to revive what was once one of the world's wealthiest countries. As a young boy, Adeang used to watch the country's fleet of new planes roll up and down the island's runway, and its cargo ships race in and out of port. Now Nauru can only afford to pay him and his fellow ministers, including the nation...

Author: /time Magazine | Title: Will Nauru Get a Second Chance? | 12/14/2004 | See Source »

...demonstrating the supposed liberal bias in the media, I’ll happily concede that there were papers running pro-Bush news articles. I might add, however, that these were largely owned by one of two sources: Silvio Berlusconi, the right-wing Prime Minister of Italy, media magnate and wealthiest man in the country, who is currently faced with bribing charges; or the infamous Rupert Murdoch, known to British political magazine Private Eye as the “Dirty Digger...

Author: NO WRITER ATTRIBUTED | Title: Keeping the Cons in Check | 11/18/2004 | See Source »

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