MUMBAI: Rejecting calls for naming and shaming of all big defaulters, Reserve Bank Governor Raghuram Rajan today said it will lead to undue panic and kill business activity. "We believe that any act of default without understanding the severity of the issues (that led to the default) and if it is put out for public to consume, it may create both a loss of business as well as an undue anxiety and panic, and therefore, chill business activity," Rajan told reporters at the post-policy conference here. "I don't think we want that kind of a move.
Last summer, Jorge Mario Bergolio, a middle-class Jesuit from Buenos Aires, better known to most of the world as Pope Francis, sat down in his Vatican office to write two extraordinary letters.
His Holiness had a simple message: To the leaders of the United States and Cuba, he urged rapprochement, an end to conflict and a move toward some kind of peace.
Remarkably, four months later, on Dec. 17, the Pope’s wish came at least partially true. In a surprise press conference this week, U.S. President Barack Obama announced a new, normalized relationship with Cuba.
O. Chanrion et al./Geophysical Research Letters; Andreas Mogensen/ESA/NASA
We're used to lightning that shoots down from clouds, but a lesser-known form of electricity blasts up from cloud tops — and out toward space.
OTTAWA — House of Commons Speaker Andrew Scheer is refusing to table two letters he received from Elections Canada about the eligibility of two Conservative MPs to sit in the House and told one Liberal MP to look on the Internet if he wanted to see the documents.
The federal government is not as rich and all-powerful as we sometimes think: while the Office for Civil Rights of the the U.S. Department of Health and Human Services has the responsibility of dealing with possible violations of patients’ privacy by medical care providers, it doesn’t have tee budget to post the warning letters that it sends after a single breach online. Is that useful information that the government should know about? Experts say that it is.
I read these new volumes in December. There are six large books, two columns to a page, large pages, the whole thing weighs about thirty pounds. I can't recall taking on such a large reading project in such a short period of time, but I am very glad I spent a few weeks immersed in the world of Vincent van Gogh. I was impressed by how smart van Gogh was, what an intellectual omnivore h