Daily News Channel
Some 30 years ago, the field of microfinance was born from a radical concept: poor people, when lent small amounts of money, will pay it back in a timely manner. In the meantime, that money can be put to use in ways that help boost income—goat farming, say, or carpet weaving—and, ostensibly, raise a family’s standard of living. Now another radical concept is starting to take hold: that the thing people really need, more than business loans, is a safe place to save their money.
England pulled off a great escape on the final day of the opening Ashes Test against Australia, with tailenders James Anderson and Monty Panesar earning an unlikely draw in Cardiff. The hosts’ final two batsmen held out for 11.3 overs late in Sunday’s final session, holding out long enough to deny Australia the chance to bat again and score what would have been a small amount of runs for victory
The global rise in swine flu has showed few signs of slowing. Now in 11 countries, the H1N1 flu virus was confirmed on Thursday in the Netherlands and Switzerland; in Canada, cases rose to 27 and in the U.S., the caseload increased to 109 in 11 states, with hundreds of school closures that sent some 160,000 students home
Seated on a wooden chair inside his dilapidated shack in the Harare township of Mbare, primary school teacher Moses Majuru, 40, is both anxious and excited about the week ahead. Life has become a bit easier recently thanks to the Zimbabwean government’s decision on Jan.
The deaths of a U.S.
Twenty alleged members of a Hispanic gang believed to be one of the nation’s largest and most violent have been indicted in Colorado on drug and firearm charges, authorities said Tuesday. Of the 20 alleged MS-13 members named in two indictments, eight were arrested Tuesday morning in Denver and in Los Angeles, California, authorities said. Another eight were already in custody, according to a news release from the U.S