Word: banke
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Dates: during 2000-2009
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...even that wasn't enough. Next month, the Irish government is set to formalize a highly controversial bailout plan in which a National Asset Management Agency (NAMA) would be created to remove the unpaid, property-linked debts from the banks' balance sheets. If approved by Parliament, which appears increasingly likely, NAMA would spend some $81 billion of taxpayer money to buy loans worth an estimated $70.5 billion at current market value. The so-called bad bank, as NAMA is sometimes called, will then manage the loans on behalf of the state for the next decade, by which time, the government...
...Will such disillusionment evolve into a more serious threat against the Indian state? In their jeans and Nikes, the resentful young men of Srinagar identify most closely with youths on the streets of Gaza and the West Bank, not those in jihadist training camps. But they also insist that religious heads support what they do, and that if they die in a protest, they will be considered martyrs. A military intelligence official in New Delhi who has served in Kashmir worries, "Many young Kashmiris have taken arms and embraced radical Islam because there is no hope of a good life...
...food crisis spurred global leaders into action. "There seems to be an awareness that [food security] is one of the fundamental issues in the world that has to be dealt with," says Christopher Delgado, policy adviser on agriculture and rural development at the World Bank in Washington. In a July report, a committee of British parliamentarians called on their government to invest in agricultural research and encourage local farmers to grow more fruit and other produce. The U.S., which traditionally provisioned food aid from American grain surpluses to help needy nations, is moving toward investing in farm sectors around...
...recent incident was in December 2008, when the agencies feuded over a Woodburn, Ore., bombing in which a device outside a bank killed a local bomb technician and a police chief. In June 2007, agents fought in front of state and local bomb-squad personnel at a blast site in the Mojave Desert. The ATF claimed it was notified too late for agents to work the scene, while the FBI claimed that ATF responded late, then wanted to take over the scene. Other recent incidents took place in Baltimore, Phoenix, New York City and San Diego...
...among the world's biggest savers, in part because of the lack of good public systems for retirement pensions and health insurance. "Most economists think they've overdone investment and underdone consumption and spending for social welfare," says Stephen Green, the Shanghai-based head of research for Standard Chartered Bank. "There will be a price to pay. No one knows how big that will be. The bet is they'll grow through it. That's the bet they're taking...