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    BUSINESS NEWS

    Ex-Im internal watchdog finds no proof of systemic corruption

    Hochberg, chairman and president of the Export-Import Bank of the United States, testifies before a Senate Banking, Housing and Urban Affairs Committee hearing in WashingtonThere is currently no evidence of widespread fraud within the U.S. Export-Import Bank, its internal watchdog said, as critics of the bank flagged a wider probe of corruption claims. Three Ex-Im employees have been dismissed and another suspended amid investigations into allegations of gifts and kickbacks, cases which could lead to criminal charges and have given ammunition to conservative lawmakers seeking the bank's closure. "At this time, we have not developed evidence of widespread employee misconduct or systemic employee involvement in fraud schemes at the bank," Acting Inspector General Michael McCarthy wrote in a July 28 letter to Democrat Matthew Cartwright, which was presented during a Congressional panel hearing. "These investigations are ongoing." Ex-Im Chairman Fred Hochberg told the hearing he had not heard of any other cases of employee corruption during his time at the bank, which he joined in 2009.




    The Agility Factor

    The Agility FactorThe Beatles' Sergeant Pepper's Lonely Hearts Club Band changed the way people think about music; it is regarded as one of the most pivotal music releases of all time. Pop star Phil Collins said that it opened a door and showed people a new room.But the door had already been opened for the Beatles. Paul McCartney said that the single biggest...




    EDUCATION

    FatBomb Search
    1. NASA - Sun-Earth Day - Ask an Expert
      The Sun-Earth Day theme for 2006 is the total solar eclipse on March 29th. This web site is ... ASK AN EXPERT. Here is your opportunity communicate with two of our Sun-Earth Day experts on Education ...
    2. Vermont.gov - Education
      "... about living, working, visiting, and doing business in Vermont , and to Vermont state government ... Access Government 24/7 • About Vermont.Gov • Ask a "
    3. Alaska Student Loans - ACPE Home
      "Alaska Commission on Postsecondary Education and Alaska Student Loan Corporation - ACPE ... Why choose Alaskadvantage Programs? As your state higher education assistance agency, we offer ... "
    4. EED - No Child Left Behind
      Alaska has entered its second decade of school reform where ... Alaska's State Plan. Key Components ... Ask Your Question About NCLB: Assessment: Education ...
    5. Department of Education - NJ Parents
      "New Jersey Department of Education ... DOE Info.
    6. Department of Education - Administrative Code
      New Jersey Department of Education ... State Board of Education. » New Jersey Statutes Annotated (N.J.S.A.) 18A The State ... DOE Info.
     
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    ECONOMY NEWS

    Russia sanctions threaten to blow euro zone off course
    By Annika Breidthardt and John O'Donnell BERLIN/FRANKFURT (Reuters) - The knock to confidence from harsher European sanctions on Russia could spoil the euro zone's budding economic recovery even if it shrugs off the fallout on trade. Following months of hesitation, the European Union sealed a deal on Tuesday to impose the first broad economic sanctions on Russia - its third-biggest trading partner – following the downing of a Malaysian airliner over territory controlled by pro-Moscow rebels in eastern Ukraine. The measures will shut state-owned Russian banks out of European capital markets and target the defence sector and sensitive technologies, including oil, but exclude the vital gas sector, on which Europe is heavily dependent. The sanctions mark a fundamental change in how Europe deals with Russia, one which carries risks not just for Moscow but for Europe itself.

    U.S. could unveil new sanctions on Russia 'as soon as today': White House
    By Steve Holland and Roberta Rampton WASHINGTON (Reuters) - The United States could unveil new economic sanctions on Russia over its support for separatists in eastern Ukraine "as soon as today," White House spokesman Josh Earnest said on Tuesday. The new measures would come as the European Union finalizes sanctions against Russia's financial, defense and energy sectors, its most sweeping sanctions so far. We need to assess whether or not these economic costs that are being imposed on Russia have the desired effect," Earnest told reporters in a briefing. The United States has been working closely with the EU to step up sanctions.

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    WEATHER NEWS

    Kerry presses India on global trade deal as deadline looms

    U.S. Secretary of State Kerry greets the media upon his arrival at the airport in New DelhiBy Sanjeev Miglani NEW DELHI (Reuters) - U.S. Secretary of State John Kerry, who arrived in India on Wednesday for an official visit, has pressed New Delhi to drop its opposition to global trade reforms, saying it was a test of the country's commitment to advance economic liberalisation. Kerry made the call in a newspaper article, penned along with U.S. Commerce Secretary Penny Pritzker, published hours ahead of his arrival for talks aimed at revitalising ties that have been mired in disputes over trade, intellectual property rights and climate change. India has threatened to block a worldwide reform of customs rules, saying it must be accompanied by a parallel agreement allowing developing countries more freedom to subsidise and stockpile food grains. The deadline for the deal that the World Trade Organisation says could provide a trillion dollar stimulus to the global economy is Thursday.




    Heat Waves & Cold Snaps Kill 2,000 Each Year in US
    About 2,000 Americans die each year due to extreme weather conditions, according to a new report from the Centers for Disease Control and Prevention.

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