The Daniel Pearl Journalism Fellowships, established in partnership with the Alfred Pleasant Press Fellowships, brings mid-career international journalists from the Middle East and South Asia for practically six months to work at mainstream U.S. newsrooms, together with the New York Occasions, Los Angeles Times, and The Wall Road Journal. They also spend a week on the Jewish Journal of Higher Los Angeles, for which some of them nonetheless write and blog. On the end of their stay, they share their experiences at a free public occasion hosted by the Los Angeles Press Club. The influence of the fellowship by way of their work reaches a whole bunch of 1000’s of individuals in their nations when they return.

Oil Business’s Plan to Hold Traders Blissful: Borrow Extra Cash The world’s largest oil corporations have a plan to weather the worst market in over a decade: borrow more cash. Major oil companies faced with the lowest crude costs since 2003, capital spending budgets with little left to cut and robust commitments to their dividends must tackle billions in debt this yr as they await a market rebound. Take BP Plc, whose web debt rose by nearly $5 billion in 2015. After reporting a document annual loss on Tuesday, Chief Govt Officer Bob Dudley said he would borrow billions extra if it was needed to sustain investor dividends.

Bankers got into the same way of thinking as American homeowners: they assumed that housing prices couldn’t fall as much as they did. Reveling within the growth, they borrowed billions of dollars to increase their stakes in mortgage based mostly holdings. This is what introduced Lehman Brothers down last October: in keeping with some estimates they’d 1 dollar in cash for each 32 dollars in assets they owned.

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