LIFE


Blair Hickman  and   Christie Thompson (ProPublica) 12 August 2013
It's not just about a paycheck. US Federal laws protecting workers against discrimination and sexual harassment often don't apply to unpaid interns In 1994, Bridget O’Connor began an internship at Rockland Psychiatric Center, where one of the doctors allegedly began to refer to her as...

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Problems in municipal debt markets are not limited to the US. On the contrary, they are worldwide and in one country, China, they are potentially much worse On 19th July a major US city, Detroit in Michigan, defaulted on its bonds and declared bankruptcy. With liabilities of over $18...

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Moneylife Digital Team 09 August 2013
Many of us are not hardwired to understand finance and thus give in to our emotional biases. Very few investors may have a clearly defined process for investing. In a Moneylife Foundation event titled ‘Buying stocks safely”, we described how one can develop a safe method for investing in...

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Moneylife Digital Team 09 August 2013
Presence of several foreign and indigenous terrorist groups amid a worldwide alert over al-Qaeda intercepts, pose a potential danger to US citizens throughout Pakistan, according to the US The US government on Friday evacuated all non-emergency staff from its consulate at Lahore, citing...

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Jake Bernstein (ProPublica) 09 August 2013
Sources say the Securities and Exchange Commission-SEC is not expected to file civil charges against the Illinois-based hedge fund The Securities and Exchange Commission appears to be concluding its investigation of Magnetar, a hedge fund that played a pivotal role in the disastrous...

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Moneylife Digital Team 08 August 2013
Post Osama Bin Laden, various groups affiliated with al-Qaeda are still adapting their tactics and seeking new targets, while retaining the ability to conduct deadly strikes The United Nations (UN) in a report said, although Osama Bin Laden’s successor as the leader of al-Qaeda has...

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Dr SD Israni 08 August 2013
Healthcare services are liable if they do not provide adequate good quality service to patients. However, many consumers misuse the Consumer Protection Act which works against their interests The demand for good medical services has shot through the roof which has resulted in mushrooming...

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Recent research has shown that barefoot walking is healthy. It also tells why shoes can impede long term health development We were walking barefoot for millions of years, until very recently when we invented footwear. Our ancestors used biological material for footwear, like animal...

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A computer engineer brings rare rigour to technical analysis Thomas Bulkowski got a degree in computer engineering when computers were in their infancy. His first professional job was as a hardware design engineer at Raytheon. He arrived early each day to office and charted his favourite...

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Veeresh Malik gives advice to car owners what to do when the heavy rains get the better of them. He also gives on fuel tips which can save you money The recent heavy rains that lashed Delhi, Mumbai, Andhra Pradesh and elsewhere, once again brought to fore the reality of our roads that...

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Kara Brandeisky (ProPublica) 08 August 2013
Five years ago, Senator Barack Obama was part of a group of legislators that supported substantial changes to NSA surveillance programs. Here are seven ways he's flip flopped his stance on the NSA since becoming president When the House of Representatives recently considered an amendment...

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Medical developments from around the world New Revelations in Cancer Research “Many authorities now admit much, possibly most, of the world’s cancers came from the Salk and Sabin polio vaccines, and hepatitis B vaccines, produced in monkeys and chimps,” says RealFarmacy website. The...

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Moneylife Digital Team 07 August 2013
The apex court refused to grant an interim stay on Bombay High Court verdict that declared the two-member probe panel set up by BCCI as illegal The Supreme Court on Wednesday refused to grant interim stay on Bombay High Court verdict agreed to hear the petition filed by Board of Control...

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Paul Kiel (ProPublica) 07 August 2013
In state after state that has tried to ban payday and similar loans, the industry has found ways to continue to peddle them A version of this story was co-published with the St. Louis Post-Dispatch.   In 2008, payday lenders suffered a major defeat when the Ohio legislature banned...

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Will the world population hit 10 billion, leading to destruction of the planet? The world’s population will touch 10 billion by 2100. One wonders if there is enough food and space to accommodate that number. However, the book, titled Population 10 Billion (Constable; Rs399; 438 pages),...

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For those who are serious about giving away vast amounts of money but are clueless how to go about it, the book gives examples of how famous people ran their charities Philanthropy is becoming the buzzword amongst the rich and famous. In fact, it has become a prominent tool to flaunt...

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Today, every Innus is a Canadian citizen who is heir to every disease that a Caucasian Canadian gets. The only change for diseases in Innus is the introduction of monetary economy where greed rules the roost The creator, if there was one, or for the consumption of Darwinians,...

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Isaiah Thompson (Special to ProPublica) 06 August 2013
Law enforcement authorities are moving to seize homes, cash and other property of people tangentially related to crimes under "civil forfeiture" laws that require minimal proof When Rochelle Bing bought her modest row home on a tattered block in North Philadelphia 10 years ago, she saw...

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Paul Kiel (ProPublica) 05 August 2013
Last year, activists in Missouri tried to limit what high-cost lenders can charge. The ensuing fight exposed something that rarely comes into view so vividly: the high-cost lending industry's ferocious efforts to stay legal and stay in business A version of this story was co-published...

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The failure to resolve the issues relating to non-performing assets-NPAs goes directly back to the central banks' largesse. They provided the time to allow these issues to be ignored. Now, it is both worse and too late Last week, I read a rather disturbing story in the financial news....

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