As a new Libyan leadership assesses the country's financial condition, there were fears that ousted leader Moammar Gadhafi, his family and his cronies had looted the treasury.
But it now appears much of that wealth remains frozen in foreign accounts, and Libyan bankers say the billions of dollars worth of gold and cash held by the Central Bank remained basically intact throughout the chaos of the revolution.
One of the many rumors and claims was that a convoy of more than 200 Libyan military vehicles had crossed the border into neighboring Niger.
It's not often that a federal health agency gets to toot its horn about its portrayal in a Hollywood thriller. But the Centers for Disease Control and Prevention took full advantage of the opportunity Tuesday, on the heels of the release of Contagion, a feature film about a deadly global pandemic and the public health workers who try to stop it.
Update: This post was published on Sept. 14. On Sept. 15, the European Central Bank, along with other central banks from around the world, announced a new lending program to fight the slow-motion run on Europe's banks. Here's more on that program.
Originally published on Wed September 14, 2011 2:36 pm
The harsh, tropical sunlight that dapples Bali's tourist-thronged beaches streams through the fingers of a palm leaf and lands on the shoulders of Nengah, who slumps like a rag doll amid a pile of tattered pillows in the island's far eastern reaches.
The poor village of Abang is remote, and Nengah spends her days in a heap, staring at hands that lie in her lap like dry leaves.
Today, Nengah is not alone. Neighbors have gathered in the mid-July heat to watch as her brother uses a stone to break a chain that has bound her to a concrete pit — her home — for nearly a decade.
If things go without a hitch NASA announced that its new Space Launch System could take its first manned test flight in 2017.
The new design looks a lot like the Apollo era rockets that took American astronauts to the moon, but NASA said the new spacecraft is much more powerful than any other rocket they've made before and could set up astronauts for deep space exploration. The SLS will be NASA's first exploration-calss vehicle since the Saturn V took astronauts to the moon.
At the unveiling of the plans Sen. Bill Nelson (D-FL) called it a "monster rocket."
The U.S. Department of Energy announced Tuesday it would give $1.5 million to the University of Kentucky to train engineering students to become industrial energy efficiency experts. In total, more than $30 million was being awarded to 24 universities in 23 states.
A Frankfort man charged with organized crime planned and financed road trips to Florida for prescription pills, a detective said in court testimony Tuesday. Detective Matt Brown, speaking on behalf of the Franklin County Sheriff’s Office, said 36-year-old Neil Clark was “ringleader” of the trips, which may have involved as many as 15 people over the course of several trips. Clark sold the pills after they arrived in Frankfort, Brown said.
While there are still many open questions, some things are more certain in the sorry tale of Solyndra, the now bankrupt solar-cell manufacturer President Obama once praised as a model for the nation's renewable energy future.
One, U.S. taxpayers will take a loss on their $535 million federal loan guarantee that was part of the stimulus program.
Two, 1,100 workers have been laid off.
Three, the Federal Bureau of Investigation last week raided Solyndra's offices.