Historian Niall Ferguson explains why, when it comes to amassing wealth, it's been the West versus the rest for the past 500 years. He suggests six killer apps that promote wealth, stability and innovation — and are now shareable.
Originally published on Fri October 18, 2013 10:19 am
The solutions will come from more of a quest rather than a pre-packaged set of ideas. — Jacqueline Novogratz
Income inequality is at an all-time high between the haves and the have-nots. But does the poverty gap have to be so wide, and can it potentially be eliminated altogether? In this hour, TED speakers share some big ideas about inequality and new ways we might achieve prosperity for all.
This week, forced to make do without a vacationing Glen Weldon, we happily called upon our pal and periodic PCHH contributor Chris Klimek. We also happily called upon the reckless and ruthless display of emotion for a show about crying. You'll hear some of the songs, movie scenes, and more songs (seriously, it's pretty song-heavy) that get us every time, and perhaps you'll cry a little bit, too.
Originally published on Fri October 18, 2013 11:46 am
Now that the government has reopened, attention turns to the next phase of the spending fight, a battle that is far from over.
The bill that President Obama signed early Thursday provides only a temporary respite to the partisan tussles that have perennially plagued the budget process. The government stays open through Jan. 15 and the federal borrowing authority is safe until Feb. 7. After that, all bets are off.
The former treasurer of Spain's ruling party said in court Friday that he delivered 7,500 euros in cash to the party's secretary-general, the latest fallout in a political slush fund scandal that has embroiled the Popular Party.
"I delivered the envelope" to Maria Dolores de Cospedal, Luis Barcenas said via videoconference at his trial.
Originally published on Fri October 18, 2013 2:01 pm
Saudi Arabia says it will turn down a two-year seat on the United Nation's Security Council in protest over "double standards" in resolving international conflicts.
"Saudi Arabia ... is refraining from taking membership of the U.N. Security Council until it has reformed so it can effectively and practically perform its duties and discharge its responsibilities in maintaining international security and peace," said a Foreign Ministry statement issued on state media.