Just a few years ago, Cyprus was considered a wealthy country, though that referred mostly to the Greek Cypriots on the southern part of the divided island. When Cyprus entered the eurozone in 2008, analysts were wondering what would become of the much poorer north, which has been occupied by Turkey since a 1974 war.
Now, the Turks in northern Cyprus have the booming economy, while Greek Cypriots, crippled by exposure to ailing Greek banks, are waiting for final approval on what will be the fourth sovereign bailout of a eurozone country.
Since the drug war in Mexico began in 2006, more than 50,000 people have been killed and organized crime has infiltrated, in one way or another, virtually every part of society. Many children have lost family members or become victims themselves. Cartels have also begun recruiting kids to work, often as mules. Even those young people who don't feel the drug war directly have to confront its effects on TV and at school, where bullies imitate narco-traffickers.
Sometimes it pays to be somebody's little brother. Were it not for his fraternal ties, singer and multi-instrumentalist Asa Taccone probably wouldn't have been able to get acclaimed songwriter and producer Brian Burton (better known as Danger Mouse) to produce his band's debut album. Taccone's older brother, a friend of Burton's, asked the producer to listen to the songs his little brother had been working on and give some constructive criticism.
Originally published on Tue November 27, 2012 6:30 pm
In the aftermath of the maps fiasco, the heads continue to roll at Apple. Today, there is news that one more employee has been let go. This time it was manager Richard Williamson, who oversaw the maps project, who lost his job.
With money coming in more slowly than the financial aid given out, schools say they are nearing the breaking point, and even the most selective elite universities are rethinking their generosity.
"It just became clear that if we continue to give more and more aid, the numbers don't add up," says Raynard Kington, head of Grinnell College. Thanks to longtime former board member Warren Buffett, Grinnell has an endowment bigger than most schools dream of. For years, that's enabled Grinnell to admit students on a need-blind basis — and then give them as much aid as they need.