Word: allowance
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Dates: during 2000-2009
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...murky morass of trade barriers that impedes commerce. A model to emulate would be the establishment of the E.U., which made it far easier for companies to import and export their goods within Europe, says HSBC's Webb. Establishing a common Asian currency similar to the euro would allow companies to ship goods or arrange credit with less exposure to currency risk. "A barrier to trade over the last year in Asia has been fluctuating currencies," Webb says. "For a small- to medium-sized business, it could mean the difference between profit and loss...
...boost rural incomes, by, for example, extending banking systems deeper into the countryside to give farmers better access to credit to start small businesses. MasterCard's Hedrick-Wong argues that China should also open up service industries now dominated by large, state-owned companies, such as finance, to allow new entrepreneurs to flourish, creating more jobs with higher wages...
...take advantage of the $8,000 tax credit designed to lure them into the market, the FHA insured a full 49% of their mortgages. In October, Congress renewed a higher limit on the size of FHA loans (now up to $729,750), first put in place last year, to allow the agency to expand into pricier markets. "The government may need to inject billions of dollars into the FHA, but the alternative - another perturbation in the housing market, more foreclosure aid, more bank bailouts - could have cost dramatically more," says housing economist Thomas Lawler...
...poetry reading is that the poet’s voice diffuses the anxiety of not being able to “figure out” the poems, and allows for the poems to begin their emotional work. Sometimes a poem strikes you, but often it will not. It really depends on your emotional state when the poem encounters you. I believe that poetry readings are especially important in contemporary poetry precisely because, in returning to their oral roots, they remove the intellectual anxiety attached to the art form, and allow it to be enjoyed the way music is enjoyed...
...general election as an independent. But he has gone rogue before, straining his relations with the Democrats, most notably when he endorsed Republican John McCain for President and vociferously campaigned for him - often sharply criticizing Barack Obama. Soon after, his Senate Democratic colleagues voted on whether to allow him to stay in their caucus. With the support of Obama, Lieberman was welcomed back and allowed to keep his committee chairmanship.(See pictures of Barack Obama's presidential campaign behind the scenes...