Manchester United is the most famous soccer team in the United Kingdom, and one of the world's most popular sports teams. Now its owners are hoping the team's popularity will translate into big bucks. They're planning to sell Manchester United stock on the New York Stock Exchange. Roger Blitz, of the Financial Times, talks to Renee Montagne about the team's IPO.
Originally published on Tue July 17, 2012 11:56 am
Two years ago, cilantro haters were vindicated. The New York Times ran a story, Cilantro Haters, It's Not Your Fault, in which Harold McGee, respected food scientist and author, explained why cilantro really does taste like soap to many people. Turns out, some folks "may be genetically predisposed to dislike cilantro."
A U.S. operation in the mountains near Afghanistan last November killed 24 Pakistani soldiers. Pakistan wanted an apology. The U.S. refused. In response, Pakistan shut down supply routes to Afghanistan for NATO convoys.
After intense talks, two border crossings were reopened last week to convoys for the U.S. and NATO forces.
Pakistan's ambassador in Washington, Sherry Rehman, was at the center of the negotiations. Afterward she called it a moment of great opportunity for the two countries.
As one of the world's most popular sports, field hockey produces celebrities in Argentina, the Netherlands and Australia. But the sport is relatively obscure in the United States, where members of the women's national team receive a small monthly stipend and their notoriety comes from outside the country.
Later this month, the group heads to London, where it will try to earn the first American medal in the sport in 28 years.
What used to be a Spanish tradition is now becoming more of an economic necessity.
In Spain, the social safety net that helps people survive the economic crisis has two parts: government benefits and close family ties. The country has the highest rate in Europe of multi-generational families all living together.
With a quarter of Spaniards out of work, more parents pick up their kids from school themselves, in the middle of what would have been a workday.
In Venezuela, people are beginning to talk about what was once unthinkable: Just who could succeed the all-powerful President Hugo Chavez?
He has been battling cancer, which for much of this year forced him to suspend his once-frequent TV appearances. On Monday, Chavez declared himself free of the cancer, though it's not the first time he's said he was cured.
For 13 years, he has consolidated his hold on power while nationalizing farmland and seizing private companies. And now, despite his infrequent appearances, he remains a political force.