Word: crisises
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Today the fare is $2, and New York, which has the lowest crime rate of any large U.S. city, is the center of another national trauma: the financial crisis. But the subways run so efficiently, and their lurid reputation has retreated so far, that few people complain about anything except...
At Gleneagles, the leaders of the U.S., Japan and the wealthiest European countries vowed to supply $21.5 billion in aid to Africa by 2010, to help the continent work its way out of poverty by tackling dire problems in health and education. But with just a year to go, only...
Cuts in aid budgets by the industrialized nations could prove disastrous for some African countries, according to the Africa Progress Panel, a group led by former U.N. Secretary-General Kofi Annan. "The financial meltdown that evolved into an economic recession has now become a development crisis," warns the panel's...
Until early 2009, it was difficult to gauge exactly how many foreigners were scared away by the drug war and its piles of headless corpses. The global economic crisis may have done just as good a job of keeping potential visitors at home. In any case, while tourism was hit...
Calderón is particularly concerned about the nation's image because of the bottom line. In 2008, foreign tourists spent $13.3 billion in Mexico, the third biggest source of foreign income after remittances and oil exports. This year all three of these moneymakers are being clobbered. While the price...