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Ukraine's Naftogaz indicates default on bonds

Oct. 1, 2009
Ukraine's debt-laden state energy company Naftogaz on Thursday effectively defaulted on its $500 million Eurobond issue after it failed to make a payment on time, but a deal on restructuring the debt was expected soon. Naftogaz, which transports Russian...
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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
View Caption
Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler