Vladimir Putin took a deliberate jab at President Obama, just when the two nations are attempting to make a deal on Syria. Putin is not only seeking to have the upper hand in U.S.-Russia relations but to teach Obama a lesson.
An initiative in New York City is designed to nudge the families of overweight kids and teens to change the way they eat with fruit and vegetable prescriptions. The big incentive? Free produce as well as tips on how best to cook and economize.
"This is the real deal. Voyager 1 has finally reached interstellar space; the first time a spacecraft has been in the space between the stars," says one project scientist. Launched in 1977, the probe has been surveying the solar system.
Much of the world’s attention has focused on the disaster going on inside of Syria. But there is also a humanitarian crisis in neighboring countries that host refugees.
In the last two years, Jordan has received half a million refugees, who have brought with them particular economic consequences.
On CNN earlier this week, Senator Lindsey Graham recalled his recent conversation with King Abdullah II of Jordan.
“He’s told me and Senator McCain, ‘I’ve got 600,000 Syrian refugees. And 40,000 new Syrian kids in Jordanian schools.’ And he’s hanging on by a thread,” said Graham.
Jordan’s King is under pressure because the refugees put an additional financial strain on a country that’s poor to begin with.
Often, in countries like Jordan, a new, refugee workforce can undermine the pay for locals.
“More people coming in, willing to work for less, that tends to drive wages down,” says Courtland Robinson, an assistant professor at the Center for Refugee and Disaster Response at the Johns Hopkins Bloomberg School of Public Health.
To make matters worse, as wages fall in Jordan, prices keep moving in the opposite direction. It’s a basic supply-and-demand thing; too many people competing for a limited amount of stuff.
“The prices on goods – the price they pay for water, or for rent, or for food and other items – has skyrocketed since the beginning of the refugee crisis,” says Cassandra Nelson, director of multimedia projects for the international aid organization, Mercy Corps.
She’s been on the ground with the refugees in Lebanon and Jordan, and seen the financial toll on the host countries. Nelson says, “the economic impact on the Jordanians has been tremendous and also extremely crippling for many people there.”
Over time, some Jordanians have come to see the refugees as competition and an economic threat.
Courtland Robinson with Johns Hopkins says ordinary Jordanians watch as Syrians receive better financial assistance then they get.
“People say, ‘Why are we not getting anything? We’re absolutely either destitute ourselves or we’re even more impoverished because of this influx,” says Robinson.
To help prevent tensions from escalating in an already volatile situation, Mercy Corps’ Cassandra Nelson says aid groups like hers try to strike a balance.
“We certainly are focusing on the refugee population, in terms of supplying them the basic items they need. But we also are working in the communities to help the Jordanians who are suffering,” says Nelson.
The blaze began Thursday afternoon in an ice cream shop and spread to adjacent structures within a few hours.
Twitter announced plans for an initial public offering today. In plain English, this means that it plans to sell a chunk of its shares to the general public. There are a number of reasons for doing this.
- The company may need money. Like all growing companies, Twitter likely needs hard cash to spend on marketing, staff, facilities, maybe even acquisitions.
- The company’s investors may want to get their money back. Investors in Silicon Valley and other parts of the world pumped more than a billion dollars into the startup since 2006 in the hopes that within a few years they’d be able to cash out at a huge profit. Well, here we are, seven years later, and it’s probably time to make a withdrawal.
- The company may already have so many investors that is HAS to go public. This is what happened to Facebook, which, once it had more than 500 investors, was required by law to go public. This doesn’t appear to be the situation with Twitter, however.
OK, so Twitter wants money. Fair enough. But what’s this "confidential" malarkey? Twitter has more than 23 million followers, and once it tweeted out the news about the IPO, a whole bunch more people knew about it (including all of Marketplace’s listeners this afternoon).
Turns out, it’s not the IPO the company wants to keep secret, it’s details about the way it does business. Twitter filed the IPO under the terms of a law passed last year, called the Jumpstart Our Business Startups (JOBS) Act. The act permits some companies to keep some information about their business and operations confidential, until the IPO gets closer to pricing.
IPO filings are usually followed by a series of updates to investors, as the company gets closer to the filing date. The updates include financial data and details about the terms of the share sale. But this kind of stealth filing, which is becoming increasingly popular, lets companies keep negative information, such as a poor quarter or a big loss, out of the public eye for longer.
In other words, Twitter is either keeping its powder dry, or it doesn’t want us to see just how damp it is.
In a tweet, the 200-million-user microblogging service said it had confidentially submitted the paperwork for a planned IPO.
After decades without any reported cases, dengue fever seems to be getting a foothold in the U.S. In 2009, it surfaced in Key West. This year, 18 cases have been reported this summer in Martin County, Fla.
Outreach workers are going from concerts to oyster festivals to urge uninsured people to sign up for coverage. The state received $15 million in federal money to spend on marketing a health insurance exchange that opens Oct. 1.
We can help you learn to do just thank, thanks to newscaster Korva Coleman's helpful audio guide. Supposedly, being able to say that word can cure you of any Friday the 13th fears.
Tunisia's Islamist ruling party is trying to avoid the fate of the Muslim Brotherhood in Egypt, which was recently ousted by the military. But it's feeling the heat. As in Egypt, security issues and economic pressures are fueling discontent. Tunisians are increasingly blaming the government.