Death, where is thy sting?

Article Abstract:

Bankruptcy can involve few changes for South Korean firms, with management unchanged, debt payments frozen, and new loans permitted. Rulings are made in line with creditor banks' agreements, and the banks often agree to profit estimates that are unrealistic, and reorganizations that are not sound. Companies cannot be shut down for 10 years unless creditor banks agree. The banking industry could be hit by the bad debt problem that could arise from a scheme which allows preferntial treatment for some companies with financial problems.

South Korea, Bankruptcy law

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Where do America's interests lie?

Article Abstract:

US foreign policy debates reflect a backlash against universal values and more in favor of promoting the national interest. Relations with Russia and China worsened as a result of US involvement in the conflict in Kosovo, Yugoslavia. There are concerns about the significance of conflict in East Timor, and of military intervention in that conflict. Former secretary of state, Henry Kissinger argues that using the armed forces in humanitarian crises may not be the best option.

Analysis, Ethical aspects, International relations, Geopolitics

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So where do the poorest go? Public housing

Article Abstract:

The House of Representatives has passed legislation aimed at turning public housing into a transitional condition for working poor people instead of a dead end. Opponents of the bill argue that it leaves no place for the poorest people to live.

Laws, regulations and rules, Housing, Social policy, Public housing, Poor, United States. Congress. House

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