After four hurricanes, Haiti faces famine

Haiti started the month of August as the poorest country by far in the Western Hemisphere. Then four hurricanes—Fay, Gustav, Hanna and Ike—hit the country, doing vast and unmeasured damage to its roads and bridges, housing, economy, crops and crop land, schools and hospitals.

The country that already had the least now has much less. - Read More

Hurricane Ike was no equalizer

The facts Hurricane Ike can be found in newspapers and online. But the reality of life for the working class is glossed over as story after story on radio, television and in the print media claims that people from all walks of life have been devastated and that Ike has been an “equalizer.” - Read More

"No choice but to move forward," says new South African president

New South African President Kgalema Motlanthe says the country has survived a week of "uncertainty and doubt, hurt and anger" as a result of the power shift that suddenly removed former President Thabo Mbeki from his post last week.

In his first state-of-the-nation address on Sunday evening, Motlanthe said the dramatic change of government was a test of the nation’s resolve to overcome a political crisis. - Read More

Despite Financial Crisis, Black Bank Still Able to Provide Shareholders Q3 Dividend

Broadway Federal Bank announced Friday that its Board of Directors has approved the payment of the Company’s dividend of $0.05 per share for the third quarter.

Broadway has continued to perform well despite the world financial crisis. In the second quarter, Broadway reported net earnings of $696,000, up 187.60% when compared with the second quarter of 2007. - Read More