Somali-Americans may soon find it harder to provide economic support to their homeland: One of the last banks to facilitate cash transfers to Somalia is getting out of the business.
As the East African country faces a potential drought and famine this summer, those cash transfers might grow even more important. That's why the Somali-American community in Minnesota — the largest in the U.S. — is lobbying Washington to find a way to keep the cash lifeline intact.
Before the crowds descend on the Whisky Jewbilee, a kosher alcohol tasting event in Manhattan, David and Dorit Nahmias stand behind their vendor table, getting psyched up.
"This is like the big game," Dorit Nahmias says.
Events like these are a key tool for getting the word out about their tiny distillery, and the Nahmiases attend half a dozen of them per year. The product they're trying to sell is one few people have heard of: mahia. Dorit rehearses her pitch:
In the last few pages of a recent issue of The Economist, we spotted an advertisement for a leadership program specifically for Asian-American executives. The program charges $11,000 in tuition for a five-day session at Stanford Graduate School of Business.
The purpose, says co-founder Buck Gee, is to provide companies with an "immediate solution" to tackle the lack of Asian-Americans in leadership roles.
When investigative reporter Sharyl Attkisson left CBS this year, she did not go quietly. She contends, the network refused to run stories that might damage President Obama. And her claims have become a flashpoint in arguments over ideological bias in the media. NPR's David Folkenflik has more.
And for decades many faded cities have been struggling to redevelop vacant homes, factories and other neglected buildings. Land banks offer one solution; those are public institutions that help fund the renewal of dormant properties. WNYC's Ilya Marritz takes us to Newburgh, New York, a small city on the Hudson River, to see one land bank in action.