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Groups Scramble to Get Aid to Myanmar Survivors
Despite troubles with Myanmar's military rulers, U.N. World Food Program spokesman Paul Riley says the agency has 240 staffers on the ground hurriedly working with government ministries to get aid to survivors of the cyclone. The agency fears running out of time.
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Citigroup, AIG Dampen Wall Street's Optimism
Investors have been growing cautiously optimistic in recent days that the worst of the credit crisis is over. But now, there's fresh evidence that there's still trouble looming. The insurance giant AIG announced a huge loss related to bad mortgage debt, and Citigroup, the nation's largest bank, is going to sell off some $400 billion in assets as it seeks to become more efficient.
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Raul Castro's Reforms Raise Expectations in Cuba
The big question in Cuba is how far the new president, Raul Castro, is willing to go in changing the country. Many elements of his brother Fidel's rigid system of state socialism are still in place, such as food rationing.
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