With a financial crisis in the offing, the Palestinian Authority admitted last week that it is thinking about firing some 11,500 government employees who do not regularly show up for work, and another 5,000 who are past the mandatory retirement age of 60.
An unofficial contest for Canadian philanthropist of the year was hatched last week when two of the country’s most prominent businessmen each announced multi-million-dollar charity donations. Peter Munk (bottom), founder of Barrick Gold, revealed he’ll give more than $25 million to the Toronto General Hospital—the largest offering ever to a Canadian hospital, and Munk’s second contribution.
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