Bipartisan agreement is so rare in Washington these days that no common ground, however plain, should escape notice: It turns out that both Republicans and Democrats believe that food aid for international emergencies should feed people.
Vietnam will find it “difficult” to cut interest rates further this year, central bank Deputy Governor Nguyen Dong Tien said, as the nation moves to create an asset company that would clean up bad debt and revive growth.
Vietnam plans to force the sale of non-performing loans to a soon-to-be established asset management company and clear up nearly $5 billion of bad debt, as the government steps up its banking overhaul efforts.
David Myers was at the epicenter of one of the biggest corporate frauds in U.S. history. Now the former WorldCom Inc. controller is rebuilding his life a decade later with the help of the federal government.
Tanda Srinivas was lounging in the yard of his two-room house in the southern Indian village of Mondrai shortly after noon on Oct. 28 when his wife, Shobha, burst out of the door covered in flames and screaming for help.