Word: banking
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...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...
...Tiwari's protectionist approach could actually hurt farmers. The World Bank's Delgado says that most projections show trade liberalization in agriculture would create significant increases in prices - as much as 20% for cotton and 7% for food grains. Not only would those gains increase the incentive for farmers to grow greater quantities of food, but they would also put more money in farmers' pockets, creating a new source of global demand. But with World Trade Organization negotiations on agricultural trade stalled on the issue of subsidies, it seems unlikely that farmers in Vidarbha and elsewhere will see these benefits...
...will need to double by 2050 in order to keep up with rising demand, a task that will require $30 billion of investment annually. "Governments are scrambling to fix some of the problems, but it will take time," says Akmal Siddiq, a natural-resources economist at the Asian Development Bank in Manila. Farmers like Namdeo Sidam, 48, know that all too well. He, his wife and three sons live in a mud-walled shack in the fly-infested village of Marathwakadi in Vidarbha, and aside from a free plow, the government's ample funds have yet to trickle...
...worst is far from over. The FDIC says 416 banks are at risk of failure, up from 117 a year ago. Soured commercial real estate loans alone may generate a fresh $600 billion in losses by 2013. Veteran bank analyst Gerard Cassidy of RBC Capital Markets expects as many as 1,000 lenders to go bust in total...