The trend in new HIV infections around the world has slowed markedly over the past eight years, according to a United Nations report released today, which also notes that more people than ever before are living with the virus. The 2009 AIDS Epidemic Update reported that new HIV infections have been slashed by 17 per cent globally and that some 33.4 million people are now living with HIV, while AIDS-related...
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Satyam Computer Fraud Grows to $2.5 Billion by Nandini Lakshman
Eleven months after B. Ramalinga Raju, the former chairman of Hyderabad-based Satyam Computer Services, confessed to masterminding a $1.2 billion fraud at Indias fourth largest I.T. outsourcing company, the dirt is still tumbling out. On Nov. 24, the country's Central Bureau of Investigation (CBI) released findings that show the alleged fraudulent accounting and embezzlement was far larger than originally thought. Raju and nine accomplices skimmed some $2.5 billion from the...
More »Mass media: masses of money? by P Sainath
The same exclusive report, with different bylines, in three rival dailies. Swathes of advertising dolled up as news stories. Is ‘paid news’ getting institutionalised? “Young dynamic leadership: Ashokrao Chavan,” read the headline of a prominent news item in the Marathi daily Lokmat (October 10). That was 72 hours before the people of Maharashtra went to vote in the State Assembly polls. The item was attributed to the newspaper’s "Special Correspondent,"...
More »School meals key to feeding and educating most vulnerable children – UN report
The introduction of free meal programmes not only ensures children are fed, but are crucial to keeping the poorest and most vulnerable in school while providing a boost to learning and health, according to a United Nations report released today. The new report from the World Bank and the World Food Programme (WFP) noted that although most countries offer meals to their students, poor nations face a double obstacle of...
More »The rot spreads
A survey reveals that desperate times have led to illegal measures THE recession has taken its toll on morals as well as profits. PricewaterhouseCoopers (PwC), a consulting and accounting firm, has conducted a biennial survey of economic crime for the past ten years. The most recent, published on November 19th, is not only the most thorough, based on over 3,000 responses from firms in 54 countries. In many ways it is...
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