Word: assets
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...real return close to 10 percent.Since countries’ central banks are bound to draw political flak when their investments dip, Summers instead suggested that the International Monetary Fund and the World Bank back the creation of an “international facility” to invest those assets.“It is an irony of our times that the majority of the world’s poorest people now live in countries with vast international financial reserves...it seems appropriate that some part of the focus of the international financial architecture move towards the challenge of deploying their...
...year--ethics scandals, the G.O.P.'S failure to curb spending, the government's inept response to Hurricane Katrina, a confusing new prescription-drug program for seniors and, more than anything else, an unpopular President who is fighting an unpopular war. Iraq could make a vulnerability of the Republicans' greatest asset, the security issue...
...divestiture from Sinopec comes almost exactly one year after Harvard relinquished its stake in another Beijing-based firm, PetroChina, that also played an extensive role in Sudan’s oil export industry. “Oil is a critical source of revenue and an asset of paramount strategic importance to the Sudanese government,” the Harvard Corporation said in a statement at the time...
...divestiture from Sinopec comes almost exactly one year after Harvard relinquished its stake in another Beijing-based firm, PetroChina, that also played an extensive role in Sudan’s oil export industry. “Oil is a critical source of revenue and an asset of paramount strategic importance to the Sudanese government,” the Harvard Corporation said in a statement at the time...
...progressive tone to “Preemption” and its recognition that it is part of an evolving literature on the issue proves an asset. Dershowitz appropriately situates himself as a guide, not an authority...