Inspiring News Articles
Excerpts of Highly Inspiring News Articles in Major Media
Below are one-paragraph excerpts of highly inspiring news articles from the major media. Links are provided to the original inspiring news articles on their media websites. If any link fails, read this webpage. The most inspiring news articles are listed first. You can also explore the news articles listed by order of the date posted. For an abundance of other highly inspiring material, see our Inspiring Resources page. May these inspiring news articles inspire us to find ever more ways to love and support each other and all around us to be the very best we can be.
The United Nations has named 2012 as the International Year of Cooperatives, and indeed, co-ops seem poised to become a dominant business model around the world. Today, nearly one billion people worldwide are cooperative member-owners. In Ethiopia, cooperation helps women and men rise above poverty. In Germany, half of renewable energy is owned by citizens. In America, 93 million credit union member-owners control $920 billion in assets. And in Basque Country, a 50-year-old worker co-op has grown to become a multinational, cooperative corporation. Founded in 1956 ... Mondragón is the world’s largest cooperative, and Spain’s seventh largest business. Mondragón has operations in 19 countries and employs 83,000 worker-owners. Yet for every international job the company creates, it employs two people in Spain. The UN ... in 2012 will dedicate its efforts to raising awareness of co-ops, helping them grow and influencing governments to support them legislatively. Thirty percent of Americans belong to cooperatively-owned credit unions, the largest of which serves 3.4 million Department of Defense employees and has $45 billion in assets. “Cooperatives ... promote the fullest possible participation in the economic and social development of all people. [They] are becoming a major factor of economic and social development and contribute to the eradication of poverty.” - UN Resolution 64/136, 2010. The cooperative model is expected to be the world’s fastest-growing business model by 2025. UN Secretary General Ban-Ki Moon [says] “Cooperatives are a reminder to the international community that it is possible to pursue both economic viability and social responsibility.”
Note: How sad that we've heard hardly a peep out of the major media about this inspiring trend towards cooperatives. For an abundance of other inspiring major media articles, click here.
Icelanders who pelted parliament with rocks in 2009 demanding their leaders and bankers answer for the countrys economic and financial collapse are reaping the benefits of their anger. Since the end of 2008, the islands banks have forgiven loans equivalent to 13 percent of gross domestic product, easing the debt burdens of more than a quarter of the population, according to a report published this month by the Icelandic Financial Services Association. You could safely say that Iceland holds the world record in household debt relief, said Lars Christensen, chief emerging markets economist at Danske Bank A/S in Copenhagen. Iceland followed the textbook example of what is required in a crisis. Any economist would agree with that. Most polls now show Icelanders dont want to join the European Union, where the debt crisis is in its third year. The islands households were helped by an agreement between the government and the banks, which are still partly controlled by the state, to forgive debt exceeding 110 percent of home values. On top of that, a Supreme Court ruling in June 2010 found loans indexed to foreign currencies were illegal, meaning households no longer need to cover krona losses.
Note: The amazing story of the Icelandic people demanding bank reform is one of the most underreported stories in recent years. Why isn't this all over the news? To see what top journalists say about news censorship, click here. For blatant manipulations of the big banks reported in the major media, click here.
