2008 Woodie Awards
Week In Review
Sarah Vernon '07
Issue date: 10/12/06 Section: World
- Page 1 of 1
Local
R.I. Attorney General race heats up
In the latest news surrounding the race for the attorney general's office, J. William W. Harsch, the Republican candidate, has accused his opponent Patrick C. Lynch of avoiding debates.
Harsch said that he removed himself from a debate set to air on ABC/6's program "On the Record." At the taping last Thursday, however, only Harsch was present.
A spokesman for Lynch told The Providence Journal that the reason for his absence was a prior commitment, a ceremony for police officers killed while on duty. Lynch plans on debating Harsch in the near future; elections are Nov. 7.
National
Another Nobel Prize awarded to American
The Nobel Prize in economics was awarded on Monday to Edmund S. Phelps, a professor at Columbia University. Phelps was recognized for his pioneering efforts showing the link between inflation and unemployment.
Phelps was the first to theorize about the impact of inflationary expectations on wage and price increases.
The Nobel committee will award Phelps with a $1.37 million prize for his achievements. It is the first time since 1999 that the Nobel Prize committee has given the award in economics to only one person.
International
Northern Ireland works toward peace
Two of the most prominent Catholic and Protestant leaders in Northern Ireland met this week in London to discuss Catholic-Protestant relations.
The talks involved Dr. Sean Brady, archbishop of Armagh, and Rev. Ian Paisley, the head of the Democratic Unionist Party, the leading Protestant party in the province.
The two parties discussed topics such as poverty, the economy, and the importance of self government in the region.
Though Rev. Paisley has been accused of being vehemently anti-Catholic, spokespeople for both sides emphasized that the meeting was political rather than religious.
Talks are also scheduled for this Thursday between the Prime Ministers of Great Britain and Ireland as well as between heads of the major Catholic and Protestant political parties in Northern Ireland.
The goal of the talks is to help bring back self-government to the province.
Business
Google buys YouTube for 1.65 billion
On Monday, Google announced that it will purchase the video sharing Web site YouTube for an estimated $1.65 billion in stocks. The deal solidifies Google, the top Internet search engine, as a powerful force, especially since it beat out companies such as Microsoft, Viacom, and Yahoo in the acquisition.
Google's stock soared on Monday up $8.50, or two percent, due to investor expectations. A recent earnings report shows that Google's second quarter profits are double what they were a year ago. The deal with YouTube now makes Google one of the leaders in the online video entertainment market.
R.I. Attorney General race heats up
In the latest news surrounding the race for the attorney general's office, J. William W. Harsch, the Republican candidate, has accused his opponent Patrick C. Lynch of avoiding debates.
Harsch said that he removed himself from a debate set to air on ABC/6's program "On the Record." At the taping last Thursday, however, only Harsch was present.
A spokesman for Lynch told The Providence Journal that the reason for his absence was a prior commitment, a ceremony for police officers killed while on duty. Lynch plans on debating Harsch in the near future; elections are Nov. 7.
National
Another Nobel Prize awarded to American
The Nobel Prize in economics was awarded on Monday to Edmund S. Phelps, a professor at Columbia University. Phelps was recognized for his pioneering efforts showing the link between inflation and unemployment.
Phelps was the first to theorize about the impact of inflationary expectations on wage and price increases.
The Nobel committee will award Phelps with a $1.37 million prize for his achievements. It is the first time since 1999 that the Nobel Prize committee has given the award in economics to only one person.
International
Northern Ireland works toward peace
Two of the most prominent Catholic and Protestant leaders in Northern Ireland met this week in London to discuss Catholic-Protestant relations.
The talks involved Dr. Sean Brady, archbishop of Armagh, and Rev. Ian Paisley, the head of the Democratic Unionist Party, the leading Protestant party in the province.
The two parties discussed topics such as poverty, the economy, and the importance of self government in the region.
Though Rev. Paisley has been accused of being vehemently anti-Catholic, spokespeople for both sides emphasized that the meeting was political rather than religious.
Talks are also scheduled for this Thursday between the Prime Ministers of Great Britain and Ireland as well as between heads of the major Catholic and Protestant political parties in Northern Ireland.
The goal of the talks is to help bring back self-government to the province.
Business
Google buys YouTube for 1.65 billion
On Monday, Google announced that it will purchase the video sharing Web site YouTube for an estimated $1.65 billion in stocks. The deal solidifies Google, the top Internet search engine, as a powerful force, especially since it beat out companies such as Microsoft, Viacom, and Yahoo in the acquisition.
Google's stock soared on Monday up $8.50, or two percent, due to investor expectations. A recent earnings report shows that Google's second quarter profits are double what they were a year ago. The deal with YouTube now makes Google one of the leaders in the online video entertainment market.