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Political Economy of the Hajj in Indonesia
As the nation with the world’s largest number of Muslims, Indonesia every year sends the most pilgrims to Mecca by far. About one out of 10 believers who performed...
Google Extending Profitable US / UK “AdWords” Policy to Europe
As if Google's alliance with Verizon diminishing "net neutrality" weren't enough, the emerging Net monolith is making other major moves as well. Earlier this month, it said it would...
Universities Useful Way for Companies to Influence Lawmakers
Nearly a dozen current or former lawmakers have been honored by university endowments financed in part by corporations with business before Congress, posing potential conflicts of interest like that...
German Philanthropists Blast Gates / Buffett Billionaire Giveaway As “Anti-Democratic”
Germany's super-rich have rejected an invitation by Bill Gates and Warren Buffett to join their 'Giving Pledge' to give away most of their fortune. The pledge has been criticized...
Gates, Buffett Propose Billionaire Giveaway to Charity
More than three dozen billionaires, including well-known philanthropists like David Rockefeller and Mayor Michael R. Bloomberg of New York and less familiar big donors like Lorry I. Lokey, founder...
Big Banks’ HUGE Bonuses Draw Federal Ire – But No Action
As long-term unemployment in US hits record levels, top execs in the American financial sector were being rewarded at a pace even the Federal government - which has otherwise given...
Long-Term Unemployment in US At Record Levels
In the US, unemployment has typically been a relatively brief affair. The vast majority of people who lost jobs soon found new work. That is not the way it...
Asian Hedge Funds Steam Ahead, Despite Q2 Losses
Hedge funds focusing on Asian investments experienced heavy losses in the second quarter, but that did not seem to deter investors from giving them more money. So what's going...
Austerity Fears Drive New Work Ethic at Italy’s Fiat
In a country where Fiats line the streets, Italians have long clung to a revealing proverb: as Fiat goes, so goes Italy. Fiat’s efforts to make its workers more...
IRS Claims “Big Business / Global Tax Evaders” New Focus – We’ll See
The Internal Revenue Service has announced that it would overhaul a unit devoted to scrutinizing large corporations and wealthy individuals, a shift that would bolster the agency’s growing focus...


