Brian Gongol
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The son of the founder of the Hilton hotel chain is planning to devote 97% of his net worth to a charitable foundation
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(Article in Spanish)
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An S&P index of housing prices in large US cities fell by 6.7% in the 12 months ended October 31st, which is the worst it's been since they started keeping tabs
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It appears their previous measures inadequately accounted for purchasing power parity. Even if China's growth has been severely over-reported, the US still needs to get to work at increasing the growth rate. The current wave of huge foreign investments keeping US companies from falling to pieces is an unnerving one -- not because foreign investment isn't welcome, but because it's coming from totalitarian regimes (like China, which won't even let Hong Kong have democracy for at least another decade), and because it signals that some American business leaders have really lost their way.
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The king has pardoned a woman who was convicted of bringing a gang-rape upon herself by being alone in a car with an unrelated male. That becoming the victim of such an attack can lead to further punishment is thoroughly revolting.
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