tagged w/ Why sell your soul?
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Wow, what ever happened to "cut our losses and get to hell outta there?" I was starting to warm up to that idea.Wow, what ever happened to "cut our losses and get to hell outta there?" I... more
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Former Congolese militia leader Thomas Lubanga is due to go on trial shortly at the International Criminal Court (ICC) over the use of child soldiers.
Mr Lubanga faces six charges of recruiting and using children to fight during the DR Congo's brutal five-year conflict that ended in 2003.
Prosecutors say child soldiers were used to kill members of a rival ethnic group, or as Mr Lubanga's bodyguards.
The case is the first to come to trial before the ICC in The Hague.
This follows a seven-month delay, as judges and prosecutors at the world's first permanent war crimes court disputed confidential evidence.
Mr Lubanga, who is expected to enter not-guilty pleas, insists he was trying to bring peace to Ituri, a region in eastern Congo wracked by years of conflict between rival groups seeking to control its vast mineral wealth.
He was the leader of the Union of Congolese Patriots (UPC) and its armed wing at the time of the alleged crimes in 2002-2003, and still has strong support among his Hema community in Ituri.Former Congolese militia leader Thomas Lubanga is due to go on trial shortly at the... more
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NEW ORLEANS (Reuters) – Ford Motor Co has enough liquidity to fund its restructuring plan and despite the deep downturn in auto sales still sees no need to ask for government loans, Chief Executive Alan Mulally said on Saturday.
"We don't want to borrow any more money. We have sufficient liquidity to fund our transformation plan, which means our business is in a relatively good shape," Mulally told reporters on the sidelines of the National Automobile Dealers Association convention.
Ford's U.S. rivals, General Motors Corp and Chrysler LLC, won approval in December for $17.4 billion of government loans to avert collapse. Ford has asked for access to a $9 billion credit line from the U.S. government but has not sought loans. Washington has not yet responded to Ford's request.
Mulally said Ford was in a better situation than its rivals because it borrowed more than $23 billion in 2006, using most of the company's assets as security, including its well-known blue oval logo.
Mulally said U.S. industry-wide sales in January had been similar to those in December, when they fell about 36 percent from a year earlier to 10.3 million units on an annualized basis.NEW ORLEANS (Reuters) – Ford Motor Co has enough liquidity to fund its... more
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