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April 24, 2002
 

Bell Canada Enterprises, the largest telephone company in Canada has effective pushed Teleglobe into joining 360 Networks and Global Crossing among the list of dead telecommunications companies. In conjunction with the announcement that CEO Jean Monty has resigned, BCE announced that it would no longer fund Teleglobe, its struggling global long distance arm thus crippling the company it spend billions of dollars on.

Are there any telecommunications companies that are not bankrupt or heading to bankruptcy?


11:00:57 PM    

Calling all NY Times Critics

In an article on Saudi Arabia’s policy towards the United States, the New York Times writes:

Western analysts see the prince as a blunt Bedouin leader whose initiative is regarded by many Arabs as a gesture worthy of the late Egyptian leader Anwar el-Sadat, who flew to Jerusalem in 1973 to sue for peace with Menachem Begin. Abdullah's offer, now the Arab world's offer, calls for recognition of Israel and "normal relations" in return for a Palestinian state on lands Israel occupied in 1967.

This paragraph has several errors. Sue for peace implies surrender, Germany sued for peace, Egypt signed cease-fires and later peace agreements. The date is wrong, Sadat went to Jerusalem in 1977.


10:53:52 PM    

In his on-line diary CNN’s Wolf Blitzer reports that many American Senators are beginning to become concerned about the rise of Anti-Semitism in Europe and the possibility it could spread to the United States. No word from the Canadian government.
12:12:55 AM    



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