Friday, May 27, 2011
FT.com / Middle East & North Africa - G8 offers $20bn to aid Arab democracies
Tunisia and Egypt could be offered more than $20bn in international loans if they continue their transformation into “democratic and tolerant societies”, the leaders of the world’s richest countries announced on Friday.
In a gesture of western solidarity, Tunisia and Egypt were invited to the Group of Eight summit in Deauville, where a draft final communiqué declared: “Democracy lays the best path to peace, stability, prosperity, shared growth and development.”
Thursday, May 26, 2011
Google teams with Mastercard on mobile payments - May. 26, 2011
NEW YORK (CNNMoney) -- Google is teaming with MasterCard, Citigroup and Sprint to launch a new phone-based mobile payment system.
The project, called Google Wallet, will enable special chips embedded in many future Android devices to be used for payments. Instead of swiping a credit card, customers will be able to wave their Android phone in front of a reader to make a payment.
-Judge voids controversial Wisconsin union law | Reuters
May 26 (Reuters) - A Wisconsin judge on Thursday voided a controversial Republican-backed law restricting the collective bargaining rights of public-sector unions.
Dane County Judge Maryann Sumi said Republican lawmakers violated the state's open meetings law in rushing the legislation through during massive protests at the state Capitol earlier this year.