Word: abroader
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...that involves more help from Middle Eastern allies like Saudi Arabia and Egypt? Their interests certainly supersede ours, in that the tens of thousands of people who have been killed are their neighbors and not the U.S.'s. The war and attendant issues?its effect on the U.S. image abroad, oil business and humanitarian concerns?would be better handled by the regional powers on our side. Bruce Schulte Ardmore, Oklahoma...
...reason Indian companies are suddenly going abroad is that they can. For years, government controls and restrictions?the infamous "license Raj"?shielded Indian businesses from foreign competition, isolating them and stifling innovation. But in the early 1990s, the government began to slowly open up the economy. Anticipating an eventual onslaught from outsiders, the country's more far-sighted industrialists decided to modernize their operations. As a result, the most efficient businesses were able to reap outsized profits as India's economic growth began to accelerate, explains Delphine Cavalier, a Paris-based economist at BNP Paribas, which has advised Indian companies...
...Delhi also helped clear the way for the recent buying spree. Last year, the government doubled the cap on how much Indian companies can annually invest abroad to 200% of a company's net worth. Thanks to the boom at home?India's GDP growth has averaged 8% a year over the past three years?many companies are financially stronger than ever before. Net profits are up nearly 40% this year, according to a recent report from Motilal Oswal Securities, which surveyed 127 publicly traded companies from various sectors. Besides having deep pockets, many Indian companies have been around...
...website.Some hope that the full retracing—beyond just the Jordanian segment—will be ready for visitors to experience soon.“If it were opening next year,” says Zaidi, “I would definitely consider doing it for a summer abroad...
...perhaps this is what really occurs, and I am out of the loop because I live in Mather, “this real world Azkaban.” One of the characters in the story is taken for being abroad, but in fact, he is just residing in Mather. Though my house pride was at first offended by this characterization of Mather-folk, I thought back to days during the winter where I didn’t leave Mather for days, and found the description hilarious...