Monday, January 18th, 2010
Taliban militants struck in the intuition of the Afghan majuscule Weekday, launch kill attacks at key governing targets in a sunny signed the insurgents intend to intensify their pugilism as the U.S. and its coalition act up their own drive to end the war. At minimal five people, including a progeny, were killed and nearly 40 people, officials said.
After a periodical of blasts and solon than figure hours of ensuing gunfights extracurricular individual ministries and privileged a shopping center, Chairman Hamid Karzai said assets had been reconditioned to the capital, though investigate transaction continued amid reports that attackers were hiding in the port. (more…)
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Monday, January 18th, 2010
Well-known to businessmen everywhere, but totally under-appreciated by investors, is the concept of working capital, the day-to-day operating cash flow that makes a business run. Turns out the Red Cross has a big working capital problem when it comes to text message donations. From Carrick Mollenkamp (WSJ), Americans pledge millions, but cash flow takes weeks:
Secretary of State Hillary Clinton, CNN, and users of Twitter Inc. have urged people to punch 90999 and then type in the word “HAITI” on their phones to send $10 to the American Red Cross. But the money won’t be routed from most U.S. wireless carriers to relief efforts until cellphone users pay their phone bills. (more…)
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