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.
The US National Security Agency (NSA) spied on French Presidents Jacques Chirac, Nicolas Sarkozy and Francois Hollande in 2006-12, Wikileaks says [citing] "top secret intelligence reports and technical documents" from the NSA. A file dated 2010 suggests that French officials were aware that the US was spying upon them and intended to complain about it. According to the summary of an intercepted exchange, the French envoy to Washington ... discussed Mr Sarkozy's plan to express his "frustration" over US unwillingness to sign a "bilateral intelligence co-operation agreement". "The main sticking point is the US desire to continue spying on France," the intercept says. [One analyst commented] "Of course they know that spying goes on – even between friends. But the cardinal rule is not to get found out. When you do, you must expect the full force of diplomatic outrage." In response to the alleged leaks, National Security Council spokesman Ned Price said: "As a general matter, we do not conduct any foreign intelligence surveillance activities unless there is a specific and validated national security purpose. This applies to ordinary citizens and world leaders alike." In 2013 Brazilian media reported that NSA documents showed the agency had also spied on Brazilian President Dilma Rousseff and President Enrique Pena Nieto of Mexico. [Also] in 2013 the NSA was accused of spying on German Chancellor Angela Merkel. German media later reported that Germany's national intelligence agency had spied on ... the EU's headquarters on behalf of the US.
Note: The claim of a "threat to national security" is widely used both to perpetrate and to cover up huge amounts of illegal behavior. For more along these lines, see concise summaries of deeply revealing news articles on secrecy excesses from reliable major media sources.
Politicians, lawyers, activists and survivors of child abuse crowded into a committee room in the Palace of Westminster ... demanding a thorough and transparent government inquiry into historic child sex abuse allegations. Rumours have swirled in recent years about a cover-up in the British establishment involving senior politicians and police that has seen prominent figures engaging in child abuse and murder. Police have described evidence from one survivor relating to abuse at the Dolphin Square estate in London and at least three murders "credible and true". Yesterday's event, arranged by the WhiteFlowers group, was designed to keep up the pressure on home secretary Theresa May. The group has recently been vocal in challenging May's decision to exclude representatives of victims' groups from the Independent Inquiry into Child Sexual Abuse, which has been dogged by controversy after both Baroness Elizabeth Butler-Sloss and Dame Fiona Woolf were forced to resign from chairing it due to their links to establishment figures. A New Zealand judge was appointed to chair the inquiry earlier this year. She has said that "the appointment of victims or survivors to the panel will not, in my view, be consistent with the objectivity, independence and impartiality that is required of members of an independent panel" - comments that have left campaigners furious. John Mann MP ... spoke, demanding that the Official Secrets Act be lifted. One survivor who was placed in care in homes in Rotherham, Warrington, North Wales and Rochdale, told the audience in an earlier meeting that abuse had taken place in each home.
Note: For more along these lines, see concise summaries of deeply revealing news articles on sex abuse scandals from reliable major media sources.
The increasingly tense relationship between the United States and Russia might be about to face a new challenge: a Russian investigation into American moon landings. In an op-ed published by Russian newspaper Izvestia on Tuesday, Vladimir Markin, a spokesman for the government's official Investigative Committee, argued that such an investigation could reveal new insights into the historical space journeys. According to a translation by the Moscow Times, Markin would support an inquiry into the disappearance of original footage from the first moon landing in 1969 and the whereabouts of lunar rock, which was brought back to earth during several missions. "We are not contending that they did not fly [to the moon]. But all of these scientific – or perhaps cultural – artifacts are part of the legacy of humanity, and their disappearance without a trace is our common loss. An investigation will reveal what happened," Markin wrote, according to the Moscow Times translation. In 2009, NASA itself admitted that it had erased the original video recordings of the first moon landing among 200,000 other tapes in order to save money, according to Reuters. However, NASA has since restored copies of the landing, using recordings from other sources such as CBS News. The organization says that due to restoration efforts, the recordings' quality is superior to the original one that has gone missing.
Note: The New York Times has reported that the moon rock donated to the Dutch was a fake. And explore an intriguing article about the disappearance of the original lunar landing videos. How could NASA lose and/or erase what are among the most historic video recordings ever made? And how could it be possible to restore the quality of the original videos using major media sources? For an abundance of stunning, reliable information along these lines, see the excellent resources provided in our UFO Information Center.
Meet Sam Tsemberis. He's all but solved chronic homelessness. His research, which commands the support of most scholars, has inspired policies across the nation. The results have been staggering. Late last month, Utah, the latest laboratory for Tsemberis's models, reported it has nearly eradicated chronic homelessness. Phoenix, an earlier test case, eliminated chronic homelessness among veterans. Then New Orleans housed every homeless veteran. Homelessness has long seemed one of the most intractable of social problems. For decades, the number of homeless from New York City to San Francisco surged – and so did the costs. At one point around the turn of the millennium, New York was spending an annual $40,500 on every homeless person with mental issues. Tsemberis ... unfurled a model so simple children could grasp it, so cost-effective fiscal hawks loved it, so socially progressive liberals praised it. Give homes for the homeless, and you will solve chronic homelessness. Success begat success. The federal government tested the model on 734 homeless across 11 cities, finding the model dramatically reduced levels of addiction as well as shrank health related costs by half. "Adults who have experienced chronic homelessness may be successfully housed and can maintain their housing," the report declared. Utah's Gordon Walker, explain[s] how his state succeeded at eliminating homelessness – and saved millions, "It was costing us in state services, health-care costs, jail time, police time, about $20,000 per person. Now, we spend $12,000 per person."
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
For more than 10 years, I spent hours at a time ... looking for the inner light. This meditation was how I opened myself to the divine within me. Then, one day, my brother Billy, a troubled soul and sometime drug addict, changed all that by telling me an important secret. "Being in an earthly body limits the way you perceive light. Your eyes can't see the light directly, only the things it shines upon, so the light remains invisible, just like the soul does. The light of the higher worlds makes visible what is invisible on earth: the divine nature of all things. God, or Spirit, or whatever you choose to call it, is undeniable where I am. The light rays that sparkle all around me ... erase any harm I suffered in my entire lifetime." Had Billy said these words when he was still alive, I might have thought he was experiencing drug-induced euphoria. But quite miraculously, my brother shared this with me months after he died. To sync with Billy [I tried] to emulate what he's doing up there down here. Put On Your "Divine-Colored" Glasses: 1. Close your eyes and imagine rays of light beaming into you from higher, kinder, more beautiful worlds. 2. Take a few deep breaths and with each inhalation, imagine you are breathing this divine presence filled with understanding and healing deep into your core. 3. Rest in this space for a while; float in it like a warm, soothing pool. Everything in existence, what you can and even what you can't see, is sending you light. As you practice this, over time ... you'll feel nurtured and protected. Your mind may ease up on focusing on what is "wrong" and become more attuned to the simple beauty of being alive.
Note: The author of this article wrote the popular book "The Afterlife of Billy Fingers." Explore lots of incredibly inspiring information on near-death experiences. And don't miss a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
A baffling and beautiful rescue [raises] questions about the power of prayer. People are scouring some 70 photographs looking for man they swear they saw at the scene of a car accident. He prayed, a life was saved. Why did he disappear, even from the photos. It's being called the Missouri miracle. A teenager with a beautiful smile, 19-year-old Katie Lentz, trapped in her mangled car, hit by a drunk driver. And first responders trying to get her out. [The] fire chief ... was concerned, because he was out of options. The tools weren't working. While inside that car, Katie had one request, to pray with the rescuers out loud. And then, right there, amidst the rows of corn, at the scene blocked off for nearly a mile, a man appears. He was dressed with a black priest's shirt, with a white collar. He had a small little white container of anointment oil. He asked if he could anoint the girl in the car. They allowed him to do it. A sense of calmness came over her. [One firefighter said] "we very plainly heard that we should remain calm, that our tools would now work." Moments later, it happened. A neighboring fire department arrives with a new set of stronger tools, finally able to cut through in the frame. They all turned to thank the priest, but he was gone. In fact, in all of those photos at the scene, no sign of the priest. Tonight, family and friends are grateful. Whether it was just a priest serving as an angel, or an actual angel, he was an angel to all those and to Katie. Katie's mother [was] very pleased that Katie's near tragic accident provides proof to all that miracles still happen. In Katie's words, pray out loud. Everyone at the scene, touched by that stranger.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
An extraordinary heart-shaped solar farm is set to be built on the Pacific island of New Caledonia. The 2MW "Heart of New Caledonia" is being built by solar company Conergy and should start producing power for 750 homes from early next year. The plant ... is expected to save around 2m tonnes of carbon dioxide emissions over its projected 25-year lifetime and reduce the French overseas territory's dependence on oil, gas and coal. The eye-catching heart shaped installation is made up of 7,888 panels across the four-acre site on Grand Terre, New Caledonia's largest island, with the design only visible from the air. The design is inspired by the "Coeur de Voh", or "Heart of Voh", an area of nearby wild mangrove vegetation that has naturally taken the shape of a heart. The "Coeur de Voh" gained worldwide recognition thanks to the aerial photography of environmental campaigner Yann Arthus-Bertrand in the best-selling book, The Earth from Above. David McCallum, managing director of Conergy Australia, said, "The 'Coeur de Voh' is an important landmark for the people of New Caledonia, and shows just how extraordinary nature can be. The 'Heart of New Caledonia' solar plant will be its man-made double, a landmark for clean power generation. It will also probably be the world's first beautiful PV plant, and perhaps the first beautiful power station of any description, anywhere on the planet."
Note: See a photo of this beautiful solar array at the link above. Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
A US appeals court on Wednesday reinstated a claim against former attorney general John Ashcroft and other Justice Department officials, stemming from the abuse of Arab and Muslim men and others detained for months ... after the September 11 attacks. The unusual decision cleared the way for once-anonymous plaintiffs to advance charges that the top officials in the Justice Department had violated their constitutional guarantees of equal protection under the law. Officials ... knew the abuse was happening and that they knew the detainees weren’t terrorism suspects. The court wrote, “The suffering endured by those who were imprisoned merely because they were caught up in the hysteria of the days immediately following 9/11 is not without a remedy.” The case was first brought 13 years ago by the Center for Constitutional Rights, a New York-based nonprofit. The current complaint is joined by eight named plaintiffs, all of whom were caught up in law enforcement sweeps that netted hundreds of men after the 9/11 attacks. The “9/11 detainees” had in common an unresolved immigration status and a perceived Arab or Muslim background. The result, in some cases, was months of detention without charges, abuse at the hands of guards, solitary confinement and other punitive measures. The complaint details gratuitous strip searches, beatings, broken bones and verbal abuse. In one case, a Buddhist from Nepal ... was arrested for filming a Queens street, and held and abused in a Brooklyn detention center for three months. The appeals court found those measures to be “punitive and unconstitutional”.
Note: For more, read this New York Times article. Most of the "9/11 detainees" were deported after being cleared of any involvement in terrorism. For more along these lines, see concise summaries of deeply revealing news articles about investigations into 9/11 and its aftermath, or read the excellent, reliable resources provided in our 9/11 Information Center.
At any given time, roughly 480,000 people sit in America's local jails awaiting their day in court, according to an estimate by the International Centre for Prison Studies. These are people who have been charged with a crime, but not convicted. They remain innocent in the eyes of the law. Three quarters of them ... are nonviolent offenders, arrested for traffic violations, or property crimes, or simple drug possession. Many will be found innocent and have their charges dropped completely. Defendants who [are] detained before trial [wait] a median of 68 days in jail. Many ... are forced to wait simply because they can't afford to post bail. A 2013 analysis by the Drug Policy Alliance ... found that nearly 40 percent of New Jersey's jail population fell into this category. People sit behind bars not because they're dangerous, or because they're a flight risk, but simply because they can't come up with the cash. A recent analysis by the Vera Institute ... found that 41 percent of New York City's inmates were sitting in jail on a misdemeanor charge because they couldn't meet a bail of $2,500 or less. For low income people, the consequences of a pre-trial detention, even a brief one, can be disastrous. And in many cases, these people will eventually be found to be innocent. Some civil rights reformers [argue] that bail policies are tantamount to locking people up for being poor. We spend somewhere in the ballpark of $17 billion dollars annually to keep innocent people locked up as they await trial.
Note: For more, read this New York Times article. For more along these lines, see concise summaries of deeply revealing news articles about income inequality and systemic prison industry corruption.
Retailers have the ability to scan your face digitally, and use that identification to offer you special prices or even recognize you as a prior shoplifter. But should they use it? Should they get your permission first? Privacy advocates announced Tuesday they have walked away from a government-run effort with industry intended to ... hash out voluntary protocols for facial recognition technology in a way that doesn't hurt consumers. The Commerce Department's National Telecommunications and Information Administration, or NTIA, was acting as mediator. The two sides had been meeting for 16 months ... until the nine major privacy groups said they had hit a dead end and that "people deserve more protection than they are likely to get in this forum. At a base minimum, people should be able to walk down a public street without fear that companies they've never heard of are tracking their every movement — and identifying them by name — using facial recognition technology," the groups said. "We have been unable to obtain agreement even with that basic, specific premise." The ability to apply a unique signature to a person's face, even if you don't identify them by name, is particularly invasive, according to privacy advocates. "You can change your password and your credit card number; you cannot change your fingerprints or the precise dimensions of your face. Through facial recognition, these immutable, physical facts can be used to identify you, remotely and in secret, without any recourse."
Note: Read this article for more in this matter. Remember, the same technologies that lead to the disappearance of privacy rights for individuals are also used by corrupt corporations against nonprofit civic organizations to undermine democracy.
The leak of new information on the Trans-Pacific Partnership agreement (TPP) shows the mega-trade deal could provide more ways for multinational corporations to influence Australia’s control of its pharmaceutical regulations. Revealed via Wikileaks, the annexe on “transparency and procedural fairness for pharmaceutical products and medical devices” uncovered the draft agreements regarding medicines between the 12 TPPA member countries [representing] 40% of the world’s economy. The leaked text, dated December 2014, laid out the draft rules for member countries regarding medicines under national health care programs, in Australia’s case, the Pharmaceutical Benefits Scheme (PBS). This ‘transparency’ annexe seeks to erode the processes and decisions of agencies that decide which medicines and medical devices to subsidise the public money and by how much. That will mean fewer medicines are subsidised, or people will pay more as co-payments. However, [trade minister Andrew] Robb said ... that the government would not accept anything that would adversely affect the PBS. Parliamentarians were offered the chance to see the TPP draft by Robb [only] if they agreed to a four year non-disclosure agreement. Senator Peter Whish-Wilson ... who has not seen the draft as he refused to agree to the terms of the agreement, said the latest leak suggested the Australian PBS could be undermined.
Note: The Trans-Pacific Partnership may be a pending disaster. But we do not know for sure, because its contents remain secret. For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the corporate world.
A subplot to the vociferous debate over the student vaccination bill moving through California’s Capitol is opponents’ allegations that the effort reflects the influence of the pharmaceutical industry. Critics of Senate Bill 277, which would eliminate the personal belief and religious exemptions for schoolchildren, accuse the measure’s supporters in the Legislature of doing the bidding of donors who make vaccines and other pharmaceuticals. The bill’s proponents and drug companies dismiss the charge. Pharmaceutical companies and their trade groups gave more than $2 million to current members of the Legislature in 2013-2014, about 2 percent of the total raised. Nine of the top 20 recipients are either legislative leaders or serve on either the Assembly or Senate health committees. Receiving more than $95,000, the top recipient of industry campaign cash is Sen. Richard Pan, a Sacramento Democrat and doctor who is carrying the vaccine bill. In addition, the industry donated more than $500,000 to outside campaign spending groups that helped elect some current members last year. Leading pharmaceutical companies also spent nearly $3 million more during the 2013-2014 legislative session lobbying the Legislature, the governor, the state pharmacists’ board and other agencies, according to state filings.
Note: Read powerful evidence that some vaccines are not safe nor effective. Remember that big Pharma makes billions in profit from vaccines.
Fifteen years ago, greedy traders plunged California into the energy crisis with its first supplier-caused blackout. That crisis almost bankrupted California. From 2000 through 2001, California overpaid for electricity by at least $20 billion. To prevent the utilities from going bankrupt and to keep the lights on, the state paid those overcharges by selling bonds. We will pay the costs of that fraud in our utility bills every month until 2022. In 2000, the PUC issued more than 120 subpoenas for information from all energy companies in the California market. But the Federal Energy Regulatory Commission stymied California’s efforts to obtain critical information that would prove the energy sellers’ collusion. Those sellers, and the Wall Street banks that backed them and bet on them, ran to the FERC to quash California’s subpoenas. The federal commission accommodated the conspirators then, and continues to do their bidding now. California took the federal commission to court and, starting in 2004, the courts sided with California. FERC had to be ordered repeatedly by the U.S. Court of Appeals for the Ninth Circuit to allow California to obtain and present evidence. At least two market-manipulation cases brought by California are still pending before the federal commission and haven’t yet been settled by the state PUC. Winning these cases could mean billions of dollars for California families and businesses.
Note: The above was written by Loretta M. Lynch, former president of the California Public Utilities Commission. Read undeniable proof that greedy traders caused the crisis in this CBS article. For more along these lines, see concise summaries of deeply revealing news articles about corruption in government and in the corporate world.
Two bishops in the Roman Catholic Archdiocese of St. Paul and Minneapolis resigned their posts Monday, the second time this spring that American church leaders have stepped aside after complaints over their handling of sexual abuse claims involving priests. In Minnesota, Archbishop John C. Nienstedt and an auxiliary bishop, Lee A. Piché, announced their departures less than two weeks after prosecutors in St. Paul accused the archdiocese of willfully ignoring warning signs of a pedophile priest. Their resignations followed the April exit of Bishop Robert W. Finn from the Diocese of Kansas City-St. Joseph in Missouri, who had been convicted of a misdemeanor for failing to report a priest who took pornographic pictures of girls. Under Pope Francis, the Vatican has stepped up efforts to hold bishops accountable for covering up or failing to take action in sexual abuse cases, including the announcement last week of a tribunal to weigh such cases. John J. Choi, the prosecutor in Ramsey County, Minn., said the resignations would not affect his office’s criminal and civil cases against the archdiocese, which accused church leaders of failing to intervene against a priest despite repeated complaints of misconduct. That priest ... has since been defrocked and imprisoned on sexual abuse charges. Since ... 1978, 16 other bishops have resigned or been forced from office under a cloud of accusations that they mishandled abuse cases, according to research by BishopAccountability.org, an advocacy group.
Note: For more along these lines, see concise summaries of deeply revealing sex abuse scandal news articles from reliable major media sources.
With every video that surfaces of questionable or shocking police conduct, at least two questions arise. The first is how exactly each incident happened. The second is how common such incidents are. The first question can be addressed though investigation, which can surprise both police and their critics, and eventually through better training. The second question is more straightforward - and the lack of an answer is unacceptable. The U.S. Department of Justice actually has two separate counts of deaths in police custody - one by the Federal Bureau of Investigation, and one by the Bureau of Justice Statistics. Each count misses half of all deaths; the department hoped that by combining them, it would get a reasonably accurate number. Its hope was misplaced. The department pretty much acknowledges that its number is unreliable. The Bureau of Justice Statistics suspended its data collection more than a year ago and has since been examining ways to improve the accuracy of its count. A law passed last December with strong bipartisan support allows the attorney general to withhold up to 10 percent of some federal grants to states if they fail to comply with reporting requirements. The law gives states 120 days to begin reporting deaths on a quarterly basis, but the department will not set any requirements for reporting until it completes an internal review of its own data collection. Better numbers won't solve the problem. But they can be a useful gauge through which to measure and focus any proposed solution.
Note: An article in the UK's Guardian newspaper, titled The Uncounted, describes why the U.S. government claims it is unable to keep track of killings by police, but does not mention that police shootings rise as crime falls. The Guardian now independently tracks killings by U.S. police.
That inestimable French journal Le Monde Diplomatique this month carries a wodge of articles under the title “Did you say conspiracy?”, painfully dissecting how many false-flag stories turned out to be true. There’s the 1933 burning of the Reichstag which might have been started by the Nazis; the successful – and real – CIA-MI5 plot to overthrow Iran’s elected Prime Minister Mohammad Mossadegh; Israel’s 1954 “Operation Susannah” in which Israeli-organised attacks on UK and US buildings in Cairo were blamed on Egyptian nationalists; and the 1964 Tonkin incident, when America reported totally imaginary North Vietnamese attacks on a US warship, which led to the very real launching of the Vietnam War. Intelligence reports to the French government have been recording US air strikes against Isis that have avoided endangering positions held by al-Nusra ... the “moderate” Jabhat al-Nusra rebels, the throat-cutters and executioners who are playing the anti-Isis card to woo the US. When Isis arrived in its thousands to assault Palmyra last month – for the most part, in broad daylight – not one US plane appeared in Syrian skies. You don’t have to be a reporter, let alone a conspiracy theorist, to see the warning lights around the “war on terror” story in Syria. Because some of the terrorists are soon going to be our terrorists – as long as they fight ... the Assad terrorists at the same time. All they need is more cash and more weapons. And I bet you they’ll get them, courtesy of the ol’ US of A. Just don’t mention the word conspiracy.
Note: Explore an excellent summary of false flag operations which shows how those in power will attach their own countries to gain a power advantage. For more along these lines, see concise summaries of deeply revealing news articles on terrorism from reliable major media sources. For more on the war on terrorism, see the excellent, reliable resources provided in our War Information Center.
Invisible "smog", created by the electricity that powers our civilisation, is giving children cancer, causing miscarriages and suicides and making some people allergic to modern life, new scientific evidence reveals. The UN's World Health Organisation (WHO) calls the electronic smog "one of the most common and fastest growing environmental influences". It adds that "everyone in the world" is exposed to it and that "levels will continue to increase as technology advances". Wiring creates electrical fields, one component of the smog, even when nothing is turned on. And all electrical equipment - from TVs to toasters - give off another one, magnetic fields. Radio frequency fields - yet another component - are emitted by microwave ovens, TV and radio transmitters, mobile phone masts and phones themselves. The WHO says that the smog could interfere with the tiny natural electrical currents that help to drive the human body. The International Agency for Research on Cancer - part of the WHO and the leading international organisation on the disease - classes the smog as a "possible human carcinogen". Perhaps strangest of all, there is increasing evidence that the smog causes some people to become allergic to electricity, leading to nausea, pain, dizziness, depression and difficulties in sleeping and concentrating. Some are so badly affected that they have to change their lifestyles. The WHO ... estimates that up to three in every 100 people are affected by [the condition].
Note: For more along these lines, see concise summaries of deeply revealing health news articles from reliable major media sources.
Mobile phones, Wi-Fi systems, electric power lines and similar sources of "electrosmog" are disrupting nature on a massive scale, causing birds and bees to lose their bearings, fail to reproduce and die. Dr Ulrich Warnke – who has been researching the effects of man-made electrical fields on wildlife for more than 30 years – [says] that the world's natural electrical and magnetic fields have had a "decisive hand in the evolution of species". Over millions of years they learned to use them to work out where they were, the time of day, and the approach of bad weather. Now, he says, "man-made technology has created transmitters which have fundamentally changed the natural electromagnetic energies and forces on the earth's surface. Animals that depend on natural electrical, magnetic and electromagnetic fields for their orientation and navigation are confused by the much stronger and constantly changing artificial fields." His research has shown that bees exposed to the kinds of electrical fields generated by power lines killed each other and their young, while ones exposed to signals in the same range as mobile phones lost much of their homing ability. Studies at the University of Koblenz-Landau, reported in The Independent ... last year, have found bees failed to return to their hives when digital cordless phones were placed in them, while an Austrian survey noted that two-thirds of beekeepers with mobile phone masts within 300 metres had suffered unexplained colony collapse.
Note: For more along these lines, see concise summaries of deeply revealing health news articles from reliable major media sources.
Muhammad Yunus, the founder of the global microfinance movement, is perhaps best known for winning the Nobel Peace Prize in 2006. Yunus thinks the American Dream — or at least key components of it — is kind of a sham. “It’s the tyranny of employment,” Yunus told me. It’s not the working that he objects to. It’s the idea that so many simply aspire to work for someone else. For him, the idea of employment is the result of an artificial economic system that anoints the few as entrepreneurs and the rest of us workers. The philosophy goes to the heart of Yunus’ lifelong work in microfinance to combat poverty. Since 1997, Grameen Bank, the nonprofit financial institution he founded in Bangladesh, has lent billions of dollars to poor people, mostly women, to start their own businesses. Yunus’ ideas are incompatible with ... the venture capital model. “Some people tell me ‘Not all human beings are entrepreneurs,’” he said. “‘Some have that capability. Others do not have that capability.’ I say ‘Why do you say that? You distort them to make them workers. You already ruined them, giving their mind this idea of job.’” Is a poor woman in Bangladesh who cleans people’s homes any less of an entrepreneur than Mark Zuckerberg? The only difference is that Facebook got millions of dollars in venture capital whereas the woman received a $5 loan from Grameen Bank to buy a vacuum cleaner and a mop. There is no such bank for poor people in America to start businesses, let alone open a savings and checking account.
Note: Read more on the empowering microcredit movement and the inspiring work of Muhammad Yunus.
On Wednesday, U.S. Treasury Secretary Jack Lew said a woman will be featured on a redesigned $10 bill in 2020 - the 100th anniversary of the Constitution's 19th Amendment, which gave women the right to vote. A decision on who the woman will be won't be made for several months. The last woman on U.S. paper currency was Martha Washington, who was on the $1 Silver Certificate between 1891 and 1896. "We have only made changes to the faces on our currency a few times since bills were first put into circulation, and I'm proud that the new 10 will be the first bill in more than a century to feature the portrait of a woman," Lew said. The department will launch a website, and is asking for input over social media with the hashtag #TheNew10. Lew wants the next generation of U.S. currency to underscore the theme of American democracy. The portrait must also be of someone who is no longer living. Hamilton, who was the nation's first treasury secretary, has been on the $10 bill since 1929. Bills are flagged for updates mainly for security reasons, Lew said. It was a "happy coincidence" that a push to put a woman on American money happened as the $10 note came under consideration. Lew said Hamilton will also be a part of the new design. He said it's up for discussion whether Hamilton will appear alongside a woman or be the centerpiece of one version of the new bill.
Note: Explore a treasure trove of concise summaries of incredibly inspiring news articles which will inspire you to make a difference.
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.