Leaders of the world’s most powerful economies were Wednesday gathering in the center of an Italian earthquake zone for a summit that, despite an agenda tackling the financial crisis, world poverty and climate change, is not expected to produce seismic results. U.S.
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Pope blasts capitalism ahead of G-8 meeting
Pope Benedict XVI, on the eve of a global economic summit, lashed out at modern capitalism for being shortsighted and short on ethics. “Today’s international economic scene, marked by grave deviations and failures, requires a profoundly new way of understanding business enterprise,” the pontiff said in his third encyclical letter, “Charity in Truth,” which was released Tuesday.
Robert McNamara Dies: No Escape from Vietnam
At the beginning of his professional career, he made a name for himself as the wunderkind who reformed the ailing Ford Motor Co. At the end, he tried to rehabilitate his reputation, as a do-gooder striving to save the globe’s poorer nations as head of the World Bank. But Robert McNamara, who died early Monday morning in his sleep at home at the age of 93 , will always be best known for his role as the architect of Washington’s failed Vietnam policy in the 1960s.
While Canada Spends Big to Save GM, Mexico Gets Free Ride
Gay footballers battle for world domination
One year before the FIFA World Cup kicks off, 26 teams of gay and lesbian footballers are battling for global supremacy in the Gay Soccer World Championships. Co-ordinated by the International Gay & Lesbian Football Association (IGLFA), the tournament, which began on Sunday, is being hosted by the Federal Triangles club in Washington D.C., and supported by the local Major League Soccer (MLS) side D.C
Ahmadinejad accuses Obama of interfering in election
Iran’s president slammed President Obama on Saturday, saying officials in the Islamic republic are astonished over what they see as his interference in Iran’s disputed elections. “Didn’t he say that he was after change” Ahmadinejad asked Iranian judiciary officials in a speech. “Why did he interfere Why did he utter remarks irrespective of norms and decorum” His remarks are countering Western criticism of the June 12 elections, which the government said Ahmadinejad won in a landslide.
In Iran Crisis, Paris Exile Group Plays Disputed Role
As millions of Iranians took to the streets of Tehran over the past week to protest the presidential-election results, exiled opposition group the National Council of Resistance of Iran saw its moment. “This uprising is the result of 30 years of murder, oppression and corruption by an Iranian regime we’ve dedicated our entire lives to fighting,” Mohammad Mohaddessin, chairman of foreign affairs for the Paris-based group told TIME. “Even if protesters aren’t calling for [the NCRI] to take power, it’s only natural that, given our organization’s experience, our clandestine networks are playing an important role informing and assisting the Iranian people to achieve its desire of regime change.” Authorities in Tehran claim that isn’t the half of it.
Reports say four stabbed at Toronto-area school
A New Campaign to Fight Diseases of the Wealthy
Obama may consider limits on medical malpractice suits
President Obama said Monday that limits on medical malpractice lawsuits could be a necessary part of overhauling the nation’s ailing health care system. In a speech to the 158th annual meeting of the American Medical Association, Obama cited the need for doctors to cut health care costs by reducing the number of unnecessary tests and procedures that are performed to reduce the risk of malpractice claims.