News StoriesExcerpts of Key News Stories in Major Media
Note: This comprehensive list of news stories is usually updated once a week. Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.
To gather in the latent electricity in the clouds and with the globe itself as a medium of transmission to convey telegraphic messages, power for commercial purposes, or even the sound of the human voice to the utmost confines of the earth is the latest dream of Nikola Tesla. The transmitting station is an octagonal tower, pyramidal in shape, and some 187 feet in height. J. Pierpont Morgan [was] interested in his odd enterprise and furnished him with financial assistance. Tesla's transmitting tower as it stands in lonely grandeur and boldly silhouetted against the sky ... is a source or great satisfaction and of some mystification. No instruments have been installed as yet in the transmitter, nor has Mr. Tesla given any description of what they will be like. But in his article he announces that he will transmit from the tower an electric wave of a total maximum activity of ten million horse power. This, he says, will be possible with a plant of but 100 horse power, by the use of a magnifying transmitter of his own invention. What he expects to accomplish is summed up in the closing paragraph as follows: "When the great truth, accidentally revealed and experimentally confirmed, is fully recognized, that this planet ... is to electric currents virtually no more than a small metal ball and that by virtue of this fact many possibilities ... are rendered absolutely sure of accomplishment; when the first plant is inaugurated and it is shown that a telegraphic message ... can be transmitted to any terrestrial distance, ... the energy of a waterfall made available for supplying light, heat or motive power, anywhere ... humanity will be like an ant heap stirred up with a stick."
Note: If the above link fails, click here Claimed by some to be greater than Thomas Edison, Nikola Tesla was a brilliant inventor whose name and inventions were long suppressed after J.P. Morgan and others realized Tesla's inventions could give the public free energy, thereby taking away a major source of income for the elite. For a PBS tribute to Tesla, click here. For lots more on this energy genius, click here. For more on the energy cover-up, click here.
Top-secret wartime experiments were conducted off the coast of Auckland to perfect a tidal wave bomb, declassified files reveal. United States defence chiefs said that if the project had been completed before the end of the war it could have played a role as effective as that of the atom bomb. Details of the tsunami bomb, known as Project Seal, are contained in 53-year-old documents released by the Ministry of Foreign Affairs and Trade. Papers stamped "top secret" show the US and British military were eager for Seal to be developed in the post-war years too. The experiments involved laying a pattern of explosives underwater to create a tsunami. It is unclear what happened to Project Seal once the final report was forwarded to Wellington Defence Headquarters late in the 1940s. The bomb was never tested on a full scale. "Whether it could ever be resurrected ... Under some circumstances I think it could be devastating."
The U.S. Air Force is quietly spending millions of dollars investigating ways to use a radical power source -- antimatter, the eerie "mirror" of ordinary matter -- in future weapons. The most powerful potential energy source presently thought to be available to humanity, antimatter is a term normally heard in science-fiction films. But antimatter itself isn't fiction. During the Cold War, the Air Force funded numerous scientific studies of the basic physics of antimatter. Following an initial inquiry from The Chronicle this summer, the Air Force forbade its employees from publicly discussing the antimatter research program. Still, details on the program appear in numerous Air Force documents distributed over the Internet prior to the ban. It almost defies belief, the amount of explosive force available in a speck of antimatter. One millionth of a gram of positrons contain as much energy as 37.8 kilograms (83 pounds) of TNT. A simple calculation, then, shows that about 50-millionths of a gram could generate a blast equal to the explosion ... in Oklahoma City in 1995. Officials at Eglin Air Force Base initially agreed enthusiastically to try to arrange an interview with ... Kenneth Edwards, director of the "revolutionary munitions" team at the Munitions Directorate at Eglin. "We're all very excited about this technology," spokesman Rex Swenson [said] in late July. But Swenson backed out in August after he was overruled by higher officials in the Air Force and Pentagon. Reached by phone in late September, Edwards repeatedly declined to be interviewed. His superiors gave him "strict instructions not to give any interviews personally. "I'm sorry about that -- this (antimatter) project is sort of my grandchild."
An ancient native American treatment for cancer has been shown to have a beneficial effect despite scepticism from the medical establishment. Chaparral, an evergreen desert shrub, has long been used by native Americans to treat cancer, colds, wounds, bronchitis, warts, and ringworm. But experts dismissed its worth, and warned it could be dangerous. Now researchers at the Medical University of South Carolina have shown an extract may shrink some tumours. Chaparral tea was widely used in the US as an alternative anti-cancer agent from the late 1950s to the 1970s. However, the American Cancer Society said there was no proof that it was an effective treatment for cancer - or any other disease. And the US Food and Drug Administration warned against its use after research showed it could damage the liver and the kidneys. However, initial results from the latest study show that an extract of the shrub appears not only to be safe, but to have a positive effect. The researchers tested a refined extract taken from chaparral called M4N. They injected it into the tumours of eight patients with advanced head and neck cancer that had not responded to other forms of treatment. The results were encouraging - patients seemed to tolerate it well, and there was no evidence of the serious liver damage previously associated with chaparral use. The study also produced some evidence that the extract had begun to shrink the tumours.
Note: Some believe that because cancer treatment brings huge profits, viable treatments which are inexpensive are strongly suppressed. For reliable evidence on this, click here and here.
"Simply stated, there is no doubt that Saddam Hussein now has weapons of mass destruction." Vice President Dick Cheney, Aug. 26, 2002 [White House website] "Our intelligence officials estimate that Saddam Hussein had the materials to produce as much as 500 tons of sarin, mustard and VX nerve agent." President Bush, Jan. 28, 2003 [St. Petersburg Times website] "Intelligence gathered by this and other governments leaves no doubt that the Iraq regime continues to possess and conceal some of the most lethal weapons ever devised." President Bush, March 17, 2003 [White House website] "There is no doubt that the regime of Saddam Hussein possesses weapons of mass destruction. As this operation continues, those weapons will be identified, found, along with the people who have produced them and who guard them." Gen. Tommy Franks, March 22, 2003 [Washington Post] "They may have had time to destroy them, and I don't know the answer." Donald Rumsfeld, May 27, 2003 [Washington Post website]"For bureaucratic reasons, we settled on one issue, weapons of mass destruction [as justification for invading Iraq] because it was the one reason everyone could agree on." Deputy Defense Secretary Paul Wolfowitz, May 28, 2003 [CNN website]
Note: This article was published on the front page of the editorial section in the June 8, 2003 edition of the Minneapolis Star Tribune. Yet within weeks of its publication it disappeared from their website. Why have the media so avoided these most important facts? For an enlightening answer to this question, a powerful article by a highly decorated U.S. general is available here.
A homosexual prostitution ring is under investigation by federal and District authorities and includes among its clients key officials of the Reagan and Bush administrations, military officers, congressional aides and US and foreign businessmen with close social ties to Washington's political elite. Reporters for this newspaper examined hundreds of credit-card vouchers, drawn on both corporate and personal cards and made payable to the escort service operated by the homosexual ring. Among clients who charged homosexual prostitutes services on major credit cards over the past 18 months are Charles K. Dutcher, former associate director of presidential personnel in the Reagan administration, and Paul R. Balach, Labor Secretary Elizabeth Doles political personnel liaison to the White House. Members of major news organizations also procured escort services from the ring, credit card documents show. These include Stanley Mark Tapscott, who was an assistant managing editor of The Washington Times. Before joining The Times, Mr. Tapscott worked for the Office of Personnel Management in the Reagan administration. A major concern, said the former official with longtime ties to top-ranking military intelligence officers, was that hostile foreign intelligence services were using young male prostitutes to compromise top administration homosexuals, thus making them subject to blackmail.
Note: How is it possible that this major story was not covered by any major media other than the Washington Times? For answers to this question, click here. For more on this astonishing case, don't miss the excellent, reliable resources and the powerful, suppressed Discovery Channel documentary available here. For an insider's story of how prostitution was regularly used to compromise politicians, click here.
During a 22-year career, Bobby L. Maxwell routinely won accolades and awards as one of the Interior Department’s best auditors in the nation’s oil patch. “Mr. Maxwell’s career has been characterized by exceptional performance and significant contributions,” wrote Gale A. Norton, then the secretary of the interior, in a 2003 citation. Less than two years later, the Interior Department eliminated his job. That came exactly one week after a federal judge in Denver unsealed a lawsuit in which Mr. Maxwell contended that a major oil company had spent years cheating on royalty payments. Invoking a law that rewards private citizens who expose fraud against the government, Mr. Maxwell has filed a suit [which] contends that the Interior Department ignored audits indicating that Kerr-McGee was cheating. Maxwell says his first serious doubts about the Interior Department originated in 1998, when the agency reluctantly began to investigate accusations of systematic cheating on royalties for oil. Several of the nation’s biggest oil companies eventually settled that investigation by paying nearly $440 million. Mr. Maxwell said, “There have always been people who don’t want to pursue things. But now it’s grown into a major illness.” Broader investigations by Congress and the Interior Department’s own inspector general [are investigating] whether the agency properly collects the money for oil and gas pumped from public land. The Interior Department’s inspector general told a House subcommittee in September that senior officials at the agency had repeatedly glossed over ethical lapses. “Short of crime, anything goes at the highest levels of the Department of the Interior,” declared Earl E. Devaney, the inspector general.
Note: If you want to understand how corruption can grow and fester in large government agencies, this entire article is highly educational and revealing.
Paperless electronic voting machines used throughout ... much of the country "cannot be made secure," according to draft recommendations issued this week by a federal agency that advises the U.S. Election Assistance Commission. The assessment by the National Institute of Standards and Technology, one of the government's premier research centers, is the most sweeping condemnation of such voting systems by a federal agency. NIST said that voting systems should allow election officials to recount ballots independently from a voting machine's software. The recommendations endorse "optical-scan" systems in which voters mark paper ballots that are read by a computer and electronic systems that print a paper summary of each ballot, which voters review and elections officials save for recounts. NIST says in its report that the lack of a paper trail for each vote "is one of the main reasons behind continued questions about voting system security and diminished public confidence in elections." The report repeats the contention of the computer security community that "a single programmer could 'rig' a major election." NIST says that voting systems should not rely on a machine's software to provide a record of the votes cast. Some electronic voting system manufacturers have introduced models that include printers to produce a separate record of each vote -- and that can be verified by a voter before leaving the machine -- but such paper trails have had their own problems. Printers have jammed or otherwise failed, causing some election directors to question whether a paper trail is an improvement.
Note: Another federal advisory panel amazingly rejects requiring a paper trail days after the above report is released. To read the CBS News/AP article on this, click here.
The Texas Ethics Commission affirmed this week that state officials could accept unlimited gifts of cash from donors without revealing how much they received. All public officials have to do is report a gift of currency and the source of the money. The legal interpretation shocked campaign finance watchdogs and some Texas officials, who argued that it was tantamount to legalizing bribery. "This creates a loophole big enough to drive an armored car full of cash through," said Craig McDonald, director of the nonprofit group Texans for Public Justice. "It makes a mockery of our ethics laws." Ronnie Earle, the Travis County district attorney leading the corruption prosecution of former House Majority Leader Tom DeLay, called the interpretation absurd in a letter to the panel. He joked that Texas officials could reveal receiving a gift of a wheelbarrow, "without reporting that the wheelbarrow was filled with cash."
At hundreds of screenings this year of "An Inconvenient Truth," the first thing many viewers said after the lights came up was that every student in every school in the United States needed to see this movie. The producers of former vice president Al Gore's film about global warming ... certainly agreed. So the company that made the documentary decided to offer 50,000 free DVDs to the National Science Teachers Association (NSTA). It seemed like a no-brainer. In their e-mail rejection, they expressed concern that ... they didn't want to offer "political" endorsement of the film; and they saw "little, if any, benefit to NSTA or its members" in accepting the free DVDs. As for classroom benefits, the movie has been enthusiastically endorsed by leading climate scientists worldwide, and is required viewing for all students in Norway and Sweden. But there was one more curious argument in the e-mail: Accepting the DVDs, they wrote, would place "unnecessary risk upon the [NSTA] capital campaign, especially certain targeted supporters." One of those supporters, it turns out, is the Exxon Mobil Corp. That's the same Exxon Mobil that for more than a decade has done everything possible to muddle public understanding of global warming and stifle any serious effort to solve it. It has run ads in leading newspapers ... questioning the role of manmade emissions in global warming, and financed the work of a small band of scientific skeptics who have tried to challenge the consensus that heat-trapping pollution is drastically altering our atmosphere. NSTA says it has received $6 million from the company since 1996. Exxon Mobil has a representative on the group's corporate advisory board.
An Associated Press analysis suggests that big oil companies have been crimping supplies ... across the country for years. The analysis, based on data from the U.S. Energy Information Administration, indicates that the industry slacked off supplying oil and gasoline during the prolonged price boom between early 1999 and last summer, when prices began to fall. The findings support a conclusion already reached by many motorists. Fifty-five percent of Americans believe gas prices are high because [of] oil companies. Though set back temporarily by the [9/11] attacks, the oil business has profited handsomely since then. The biggest six refiners ... rang up $400 billion in profits since 2001. Though reserves have kept pretty steady, the oil industry taps those resources to varying degrees from year to year. The industry has shelved an average of 21 percent more unrefined oil from the start of 2004 through last June. Last spring, stocks of shelved crude reached their highest level in eight years, despite the fabulous riches at hand in high prices then. The industry also protected profits by not building any new refineries. [And] thanks to mergers, the top 10 companies now control three-quarters of national refining capacity, up from half in the early 1990s. A 2001 study by the Federal Trade Commission reported that some firms were deciding to "maximize their profits" by crimping supply. One executive told regulators "he would rather sell less gasoline and earn a higher margin on each gallon sold." However upsetting to drivers, such tactics are usually viewed as legal. "A decision to limit supply does not violate the antitrust laws," regulators wrote in one FTC report.
A sensor implanted in a paralysed man's brain has enabled him to control objects by using his thoughts alone. The experimental set-up allowed the man, who has no limb movement at all, to open e-mail ... and pinch a prosthetic hand's fingers. The US team behind the sensor hopes its technology can one day be incorporated into the body to restore the movement of paralysed limbs themselves. A team of scientists inserted the device, called a neuromotor prosthesis (NMP), into an area of the brain known as the motor cortex, which is responsible for voluntary movement. The NMP comprises an internal sensor that detects brain cell activity, and external processors that convert the activity into signals that can be recognised by a computer. Using the device, Mr Nagle was able to move a computer cursor to open an e-mail, play simple computer games, open and close a prosthetic hand, and use a robot limb to grasp and move objects. Mr Nagle said the sensor had restored some of his independence by allowing him to carry out a number of tasks - such as turning the lights on - that a nurse would normally do for him. He told the BBC: "I can't put it into words. It's just wild."
in January, Halliburton won a contract to drill at a huge Iranian gas field called Pars, which an Iranian government spokesman said "served the interests" of Iran. "I am baffled that any American company would want to have employees operating in Iran," says Sen. Susan Collins, R-Maine. "I would think they'd be ashamed." Halliburton says the operation — videotaped by NBC News — is entirely legal. It's run by a subsidiary called "Halliburton Products and Services Limited," based outside the U.S. In fact, the law allows foreign subsidiaries of U.S. corporations to do business in Iran under strict conditions. Other U.S. oil services companies, like Weatherford and Baker Hughes, also are in Iran. And foreign subsidiaries of NBC's parent company, General Electric, have sold equipment to Iran. For Halliburton to have done this legally, the foreign subsidiary operating in Iran must be independent of the main operation in Texas. Yet, when an NBC producer approached managers in Iran, he was sent to company officials in Dubai. But they said only Halliburton headquarters in Houston could talk about operations in Iran.
The Secret Government is an interlocking network of official functionaries, spies, mercenaries, ex-generals, profiteers and superpatriots, who, for a variety of motives, operate outside the legitimate institutions of government. The Russians had been our ally against the Nazis, an expedient alliance for the sake of war. Now they were our enemy. To fight them we turned to some of the very men who had inflicted on humanity the horrors of Hitlers madness. We hired Nazis as American spies. Admiral Gene La Rocque: That National Security Act of 1947 changed dramatically the direction of this great nation. It established the framework for a national security state. Never have we had a National Security Council so concerned about the nations security that were always looking for threats and looking how to orchestrate our society to oppose those threats. National Security was invented, almost, in 1947, and now it has become the prime mover of everything we do. The National Security Act also gave us the Central Intelligence Agency." In 1975 ... Congress took its first public look at the Secret Government. Senator Frank Church chaired the Select Committee to study government operations. The hearings opened the books on a string of lethal activities. From the use of electric pistols and poison pellets, to Mafia connections and drug experiments. And they gave us a detailed account of assassination plots against foreign leaders and the overthrowing of sovereign governments. This is a system easily corrupted. While freedom does have enemies in the world, it can also be undermined here at home, in the dark, by those posing as its friends.
Note: This highly revealing PBS documentary is available for free viewing on the Internet. For the link, written text, and much more on this amazingly revealing documentary, click here.
Is it conceivable that Al Qaeda, as defined by President Bush as the center of a vast and well-organized international terrorist conspiracy, does not exist? To even raise the question amid all the officially inspired hysteria is heretical. Yet a brilliant new BBC film produced by one of Britain's leading documentary filmmakers systematically challenges this. "The Power of Nightmares: The Rise of the Politics of Fear" ... argues coherently that much of what we have been told about the threat of international terrorism "is a fantasy that has been exaggerated and distorted by politicians. It is a dark illusion that has spread unquestioned ... around the world." Why have we heard so much frightening talk about "dirty bombs" when experts say it is panic rather than radioactivity that would kill people? Why did Defense Secretary Donald Rumsfeld claim on "Meet the Press" in 2001 that Al Qaeda controlled massive high-tech cave complexes in Afghanistan, when British and U.S. military forces later found no such thing? The film ... directly challenges the conventional wisdom by making a powerful case that the Bush administration, led by a tight-knit cabal of Machiavellian neoconservatives, has seized upon the false image of a unified international terrorist threat to replace the expired Soviet empire in order to push a political agenda. "The nightmare vision of a uniquely powerful hidden organization waiting to strike our societies is an illusion. Wherever one looks for this Al Qaeda organization, from the mountains of Afghanistan to the 'sleeper cells' in America, the British and Americans are chasing a phantom enemy."
Note: If above link fails, click here. This highly revealing film by one of Britain's most respected documentary makers is available for free viewing on the Internet. For the link and lots more on this amazingly revealing documentary, click here. For an excellent review of the film in one of the U.K.'s leading newspapers, click here.
The neuroscience laboratory of Dr. Richard Davidson at the University of Wisconsin [has been] using imaging devices that show what occurs in the brain during meditation. Dr. Davidson has been able to study the effects of Buddhist practices for cultivating compassion, equanimity or mindfulness. Experiments have [shown] some practitioners can achieve a state of inner peace, even when facing extremely disturbing circumstances. Dr. Paul Ekman of the University of California at San Francisco [found] that jarring noises (one as loud as a gunshot) failed to startle the Buddhist monk he was testing. Dr. Davidson [conducted] research with people working in highly stressful jobs. These people ... were taught mindfulness, a state of alertness in which the mind does not get caught up in thoughts or sensations, but lets them come and go, much like watching a river flow by. After eight weeks, Dr. Davidson found that in these people, the parts of their brains that help to form positive emotions became increasingly active. The implications of all this are clear: the world today needs citizens and leaders who can work toward ensuring stability and engage in dialogue with the "enemy." It's worth noting that these methods are not just useful, but inexpensive. Everybody has the potential to lead a peaceful, meaningful life. Modern technology and human intelligence guided by hatred can lead to immense destruction. To respond wisely and effectively ... we would do well to remember that the war against hatred and terror can be waged on this, the internal front, too. If humanity is to survive, happiness and inner balance are crucial. We cannot neglect our inner development.
Antanas Mockus had just resigned from the top job of Colombian National University. A mathematician and philosopher, Mockus looked around for another big challenge. Mockus, who had no political experience, ran for mayor of Bogotá. Mockus turned Bogotá into a social experiment just as the city was choked with violence, lawless traffic, [and] corruption. People were desperate for a change. The eccentric Mockus, who communicates through symbols, humor, and metaphors, filled the role. When many hated the disordered and disorderly city of Bogotá, he wore a Superman costume and acted as a superhero called "Supercitizen." People laughed at Mockus' antics, but the laughter began to break the ice. Mockus ... finished his second term as mayor this past January. The fact that he was seen as an unusual leader gave the new mayor the opportunity to try extraordinary things, such as hiring 420 mimes to control traffic in Bogotá's chaotic and dangerous streets. He launched a "Night for Women" and asked the city's men to stay home in the evening and care for the children; 700,000 women went out on the first of three nights. Mockus sees the reduction of homicides from 80 per 100,000 inhabitants in 1993 to 22 per 100,000 inhabitants in 2003 as a major achievement. Yet Mockus doesn't like to be called a leader. "To me, it is important to develop collective leadership." Most important to Mockus was his campaign about the importance and sacredness of life. "In a society where human life has lost value," he said, "there cannot be a higher priority than re-establishing respect for life as the main right and duty of citizens."
Note: Don't miss the entire, highly inspiring story of political transformation with great photos at the link above, or for a shorter version, click here.
Eight Palestinians and Israelis on Thursday climbed an unconquered Antarctic mountain to prove that "our people can and deserve to live together in peace and friendship. We have named it `Mountain of Israeli-Palestinian Friendship,'" expedition leader Heskel Nathanial said by satellite telephone from the peak of the snow-capped, windy 2,770-foot mountain near the Bruce plateau in Antarctica. "By reaching its summit, we have proved that Palestinians and Israelis can cooperate with one another with mutual respect and trust," Nathaniel said, reading from a statement agreed upon by the four Jews and four Arabs in the "Breaking the Ice Expedition." Two of the Palestinians on the expedition spent time in Israeli prisons -- one for attacking Israeli soldiers and another who was accused of terrorism. Two of the Israelis are former members of an elite commando unit. The goal of the expedition was to show that Israelis and Palestinians could work as a team by climbing an unnamed mountain and then pronouncing it as the first step in a journey to end violence in the Middle East. Despite the participants' efforts to heal religious divisions, political disagreements arose within the group. But in the end, they were able to better see the other side's point of view. During the group's political discussions, members agreed that peace is achievable if people are willing to listen. "We cannot sit and wait for the government to do work for us," Erel said. "Peace can only be made by the people, not the government."
After six years of technological research, more than $4 billion spent by Washington on new machinery and a widespread overhaul of the nation’s voting system, this month’s midterm election revealed that the country is still far from able to ensure that every vote counts. Tens of thousands of voters, scattered across more than 25 states, encountered serious problems at the polls. The difficulties led to shortages of substitute paper ballots and long lines that caused many voters to leave without casting ballots. Voting experts say it is impossible to say how many votes were not counted that should have been. In Florida alone, the discrepancies ... amount to more than 60,000 votes. In Colorado, as many as 20,000 people gave up trying to vote ... as new online systems for verifying voter registrations crashed repeatedly. In Arkansas, election officials tallied votes three times in one county, and each time the number of ballots cast changed by more than 30,000. Election experts say that with electronic voting machines, the potential consequences of misdeeds or errors are of a [great] magnitude. A single software error can affect thousands of votes, especially with machines that keep no paper record. In Ohio, thousands of voters were turned away or forced to file provisional ballots by poll workers puzzled by voter-identification rules. In Pennsylvania, the machines crashed or refused to start, producing many reports of vote-flipping [where] voters press the button for one candidate but a different candidate’s name appears on the screen. In Ohio, even a congressman, Steve Chabot, a Republican, was turned away from his polling place because the address listed on his driver’s license was different than his home address.
Bangladeshi economist Muhammad Yunus and his Grameen Bank won the Nobel Peace Prize on Friday for their pioneering use of tiny, seemingly insignificant loans — microcredit — to lift millions out of poverty. "Lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty," the Nobel Committee said in its citation. "Microcredit is one such means. Development from below also serves to advance democracy and human rights." Grameen Bank was the first lender to hand out microcredit, giving very small loans to poor Bangladeshis who did not qualify for loans from conventional banks. No collateral is needed and repayment is based on an honor system. Anyone can qualify for a loan — the average is about $200 — but recipients are put in groups of five. Once two members of the group have borrowed money, the other three must wait for the funds to be repaid before they get a loan. The method encourages social responsibility. The results are hard to argue with — the bank says it has a 99% repayment rate. Since Yunus gave out his first loans in 1974, microcredit schemes have spread throughout the developing world and are now considered a key to alleviating poverty and spurring development. Worldwide, microcredit financing is estimated to have helped some 17 million people. "Yunus and Grameen Bank have shown that even the poorest of the poor can work to bring about their own development," the Nobel citation said. Today, the bank claims to have 6.6 million borrowers, 97% of whom are women, and provides services in more than 70,000 villages in Bangladesh. Its model of micro-financing has inspired similar efforts around the world.
Note: Why not reduce involvement in the stock market and invest instead in ending poverty? You still get a return on your investment while knowing that your money is helping to pull entire families out of poverty. To make a real difference in helping to reduce poverty in a dramatic way, see our empowering microcredit summary, which describes how you can easily participate this inspiring worldwide movement.
Important Note: Explore our full index to revealing excerpts of key major media news stories on several dozen engaging topics. And don't miss amazing excerpts from 20 of the most revealing news articles ever published.