Thailand's capital Bangkok is facing the imminent threat of widespread flooding after three months of unusually heavy rain.
Panic buying has left grocery shelves empty of basics. Many are fleeing the city, and many areas are virtually empty. The government has declared a five-day holiday to encourage people to leave Bangkok for higher ground. Thursday, the government said it was no longer a question of if, but when the floods would come.
World markets rallied Thursday after European leaders agreed on a plan to deal with the eurozone debt crisis. But in Greece, the most imperiled country, there was skepticism that the deal will do much to help the country out of recession.
In addition, many Greeks also fear that they are losing their sovereignty, and are uncomfortable about the role Germany will be playing in the country's financial future.
The Nuntius stock brokerage firm is, unlike similar offices in New York or London, deathly quiet. So many people have been laid off that the offices are nearly empty.
For the first time, 100 of America's biggest corporations are being rated on the transparency of their political activities.
On Friday, the Wharton School at the University of Pennsylvania and the nonpartisan Center for Political Accountability will release an index that ranks the S&P 100 companies. The rankings come as politicians employ new loopholes — and the Supreme Court's Citizens United decision — to solicit secret, million-dollar contributions from corporate donors.
Originally published on Thu October 27, 2011 3:56 pm
A pro-gun group announced yesterday that it had obtained a permit to hold a protest at the Virginia Tech campus in Blacksburg, Virginia. The university was the site of one of the deadliest school shooting in U.S. history, where a gunman killed 32 students and faculty.
The health program, funded jointly by the feds and the states, was devised to cover the poor. But if a provision in last year's health law isn't changed that could be the case for people with pretty healthy incomes.