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Philanthropy new status symbol for US wealthy
Filed under NewsAug 12NEW YORK – As dozens of US billionaires pledge their fortunes to charity and the country struggles to shake off recession, philanthropy is a growing status symbol of the rich, experts say.
Being wealthy may no longer be about how many properties or fast cars a millionaire owns – it could be about how much money they are giving away – bringing hope to charities that Warren Buffett and Bill Gates philanthropic push inspires others.
“It will be something thats very important to the wealthy – to be able to say: I give my money away as much as I spend it in all these other exciting ways,” said Stacy Palmer, editor of the Chronicle of Philanthropy.
Tagged as: Americas, Bill Gates, Boston College, Bradford Smith, Carlos Slim, Center on Philanthropy, Center on Philanthropy at Indiana University, Center on Wealth and Philanthropy, Center on Wealth and Philanthropy at Boston College, China;, Director, editor, executive director, Foundation Center, Giving Pledge, India;, Indiana University, Melissa Berman, Microsoft, New York;, Patrick Rooney, Paul Schervish, President, President and Chief Executive, Reuters;, Robert Frank, Rockefeller Philanthropy, Stacy Palmer, United States;, USD;, Wall Street Journal, Warren Buffett, wealth columnist -
Coping with culture shock
Filed under NewsJul 3JEDDAH: A 26-year-old Japanese exchange student was assaulted in February inside a YMCA co-ed student-housing complex in Halifax, Nova Scotia.
A man donning a mask turned out the lights of the laundry room and grabbed the woman from behind. She screamed and broke free. Other students came to the rescue and, according to local news reports, detained 19-year-old Khaled Al-Harbi. The student, who was in Canada on a Saudi government scholarship, was diagnosed with psychological problems and has been seeking counseling.
In another case in Bournemouth, UK, earlier this month, another Saudi student was sentenced to 24 weeks in jail. His identity has been registered for seven years on a local law-enforcement list of sexual harassers, according to the Daily Echo newspaper. In that case, the student, 23, was found guilty of public intoxication, stripping naked and chasing a 36-year-old woman through the streets. The woman punched the man and fled.
Tagged as: America;, Bournemouth, Canada;, Eyad Bogari, Halifax, Indiana University, JEDDAH, Khaled Al-Faisal;, Khaled Al-Harbi, King, legal counsel, Loay Alfi, local law-enforcement list, Makkah Gov, Ministry of Higher Education;, Nova Scotia, official, Osama Feda, Plantronics SR1 Monaural Headset, Prince, SAR;, Saudi Arabia, Saudi government;, Saudi Royal Embassy, United Kingdom;, United States;
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