Word: banke
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...rations of wheat, rice and sugar sold on the black market in Bangladesh, as well as cough syrup (used as an intoxicant across the border), account for the rest. Altogether, this informal trade is nearly as large as the formal trade, according to a 2006 study by the World Bank. Mohammad Jalal Uddin Sikder, a researcher with the Refugee and Migratory Movements Research Unit (RMMRU) at the University of Dhaka, describes typical smugglers: "They are landless, most of them are female, sometimes divorced. They have no other choice." Criminalizing the trade makes this already poor border population vulnerable to abuse...
...Huge Problems Remain After a nearly five-month impasse, opposition leader Morgan Tsvangirai (below) has agreed to serve as Prime Minister in a power-sharing arrangement with President Robert Mugabe. Although the political turmoil may be over, Zimbabwe faces a cholera epidemic, mass hunger and hyperinflation. The central bank has said it will permit the use of foreign currency and announced on Feb. 2 that it would chop 12 zeros off new notes, making an old trillion-dollar bill equal to one new Zimbabwean dollar...
...furnishings, swirling red-and-gold patterns on the walls and easy credit. Here, 450 people--mainly women in their 20s--sit side by side in booths and field calls from Russians asking to borrow money. Most of the time, the answer is a resounding yes. Owned by the French bank Société Générale, Rusfinance is aiming to build a massive presence in Russia. Back in Paris, SocGen's chief executive, Frédéric Oudéa, even talks about Russia becoming the bank's second biggest market, after France...
...debt--so they want to make George W. Bush's debt-exploding tax cuts permanent. They say Democratic spending plans are full of pork--then they propose an extra $24 billion for the Army Corps of Engineers, the federal equivalent of Oscar Mayer. Let's just say their idea bank could use a bailout...
...recent weeks, the world has been politely standing by and watching how things play out with the fiscal stimulus and latest bank-bailout plans in Washington. Yes, there's been some grumbling overseas about "buy American" provisions in the stimulus bill, but for the most part, officials elsewhere don't want to step on the toes of a new President to whom they are favorably disposed. They also don't want to endanger legislation that they hope will help jump-start the global economy...