Treasury Secretary Jacob Lew won’t win any prizes in penmanship, but his official signature which will go on the nation’s currency is at least a slight improvement over the loopy scrawl he had a few months ago. The Treasury Department unveiled the new signature on Tuesday. It takes the Bureau of Engraving and Printing about 18 weeks to put new engraving plates into production. That means Lew’s signature will not show up on the various currency denominations until sometime this fall. Lew’s signature had been so bad that President Barack Obama joked that unless it improved it would “debase our currency.” The new signature is still hard to read but it does represent an improvement from previous [...]
Category: "World"
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Other News
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Business
Zimbabwe ‘Cattle Bank’ takes deposits that moo
MARONDERA, Zimbabwe (AP) — William Mukurazita's deposit at the bank has four legs and moos. Zimbabwe's first "Cattle Bank" has just opened its books in a unique kind of banking where owners bring in their animals as collateral against cash loans. For many rural poor in this southern African country once wracked by world-record inflation, it's the first bank account they've ever had. "Cattle [...]
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Tech
Airborne laser reveals hidden city in Cambodia
SYDNEY (AP) — Airborne laser technology has uncovered a network of roadways and canals, illustrating a bustling ancient city linking Cambodia's famed Angkor Wat temple complex. The discovery was announced late Monday in a peer-reviewed paper released early by the journal Proceedings of the National Academy of Sciences. The laser scanning revealed a previously undocumented formally planned urban [...]
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Sports
England’s Rose blooms after 17-year wait for major
Ever since Greg Norman's memorable final-round implosion let Nick Faldo win the Masters in 1996, a generation of fine English talent has come up short in golf's four major championships. With his seven top-3 finishes, Lee Westwood's near misses are a thing of golfing folklore. Luke Donald has been ranked No. 1 but never come that close down the stretch in a major tournament. Ian Poulter saves his [...]
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World
Va. site of Pocahontas rescue will be preserved
GLOUCESTER, Va. (AP) — A farm field overlooking the York River in Tidewater Virginia is believed to be where Pocahontas interceded with her powerful father Powhatan to rescue English Capt. John Smith from death. That's a fanciful footnote for many Virginia Indians, historians and archaeologists, who say the real story is that this land was the center of a complex, sprawling empire ruled by [...]
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Business
Facebook CEO meets SKorean president
SEOUL, South Korea (AP) — Facebook CEO Mark Zuckerberg has met South Korean President Park Geun-hye in Seoul to discuss ways to stimulate entrepreneurship and venture firms in Asia's fourth-largest economy. Park's office said Zuckerberg assured the South Korean leader that Facebook would continue to invest in the country, and he invited South Korean firms to jump on Facebook to reach global [...]
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