Word: rescuees
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Grolier, which opened in 1927, has struggled through several major financial difficulties throughout the years. Its second owner had just announced the shop’s closing in 2006 when Menkiti made the decision to rescue it.
E.U. Approves Rescue Plan
Greece can breathe a sigh of relief. On April 11, the 16 members of the European Union that use the euro agreed to lend $40 billion to the struggling nation. Under the long-awaited financial-rescue plan, Greece, which is $400 billion in debt, would be able to borrow at...
State media has carried extensive reports of the rescue operations, but it has not yet hit the saturation coverage levels that followed the Sichuan earthquake. Some regional media outlets have been told by the Communist Party's Central Publicity Department to recall their reporters from the disaster zone in Qinghai...
In Qinghai, it is far too early for Beijing to claim any credit for relief efforts. The central government has pledged nearly $30 million in aid. More than a day after the rescue, local officials say they lack tents, medical equipment and doctors. The provincial government asked Foggin, whose NGO...