Word: afforded
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...start their own businesses? Necessity is the mother of invention, but it's important to be careful. Cover your bases first, and then proceed from there. Creativity is important - what are the gaps that have been created by this situation? What will people need, what can they afford? The pieces of the economic puzzle have been changed - and we need some new edges. Entrepreneurs thrive in these situations, and it's a good time to look for the opportunities. Remaining positive is important - look for the solution rather than dwelling on the problem...
China can afford to be in any business for the long haul if it is convinced that it is in its national interest. That cannot be said about any other nation in the world, especially the United States. The American government is putting its money to work trying to save the financial system and millions of jobs...
...rejected minimum pricing as unfair to the "responsible, sensible, majority of moderate drinkers." He also knows that, in the midst of a recession and with his poor ratings, making booze more expensive is political suicide. Brown's Thai counterpart Abhisit enjoys greater popularity among his people, but still cannot afford to anger them - not when his country's unemployment rate has (like Britain's) spiked sharply. But Abhisit needn't have worried. With Songkran fast approaching, the ban was scrapped - not because it was unfair to the responsible majority of Thai drinkers but because, like minimum pricing, there...
...Gates' reasoning is unlikely to deter many companies, which simply cannot afford to lose hugely valuable vessels and cargo to seaborne bandits. Indeed, insurance premiums have risen along with the ransom amounts, according to Regester, who estimates that coverage for a single voyage through the Gulf of Aden costs about $20,000. With shipping companies hard-hit by the global downturn, some opt simply to take their chances running the gauntlet of pirates, rather than pay insurance premiums. "I reckon less than 10% of vessels are insured now," says Regester. "K&R policies are considered a luxury." Whether...
...Japan can scarcely afford to lose part of its labor force, or close itself off further to foreigners. Japan, with its aging population that is projected to shrink by one-third over the next 50 years, needs all the workers it can get. The U.N. has projected that the nation will need 17 million immigrants by 2050 to maintain a productive economy. But immigration laws remain strict, and foreign-born workers make up only 1.7% of the total population. Brazilians feel particularly hard done by. "The reaction from the Brazilian community is very hot," says a Brazilian Embassy official...