Originally published on Mon September 26, 2011 11:48 am
The president of the Palestinian Authority handed United Nations chief Ban Ki-moon an application that asks the world body to recognize Palestine as a member state. The dramatic move caps months of diplomatic wrangling in which the United States and Israel tried to dissuade Mahmoud Abbas from reaching this point.
Ban Ki-moon's spokesperson made it official on Twitter, saying:
President Abbas just handed the Palestinian application to the Secretary-General.
Originally published on Fri September 23, 2011 9:29 am
In two reports released today, regulators say the federal mortagage-financing giant Fannie Mae knew as early as 2006 that lawyers were illegally signing foreclosure documents, but it failed to stop the practice.
I'll never forget the taste of a particular glass of milk offered to me at my friend's house when we were in the fourth grade: Sour grass. After I tried it, my friend's hippie mom proudly informed me it was goat's milk. Gross, I thought.
I had a pretty typical East Coast 1980s childhood diet of sugary cereals and processed dinners, and so my palate was completely unprepared for the funky flavor of goat.
But now, some 30 years later, I've often pulled goat cheese out of the fridge to bolster a quick dinner or to serve unexpected visitors.
European leaders insist they will take all necessary measures to ensure Greece does not default on its debt. A default would throw Greece's economy — and the European banking system — into deeper crisis. But many financial experts are advocating an orderly default. They argue it will be painful but preferable to round-after-round of painful austerity measures and more uncertainty.