Word: basu
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...political career that spanned all of India's 61 years as an independent nation, Jyoti Basu, 95, was the face of India's Communist Party. He was epitome of a certain kind of leftist - urbane, westernized and a skilled power broker - and his death on Jan. 17 has prompted eulogizing from every corner of Indian public life...
...result, a fleet of empty ships lie idly at anchor just outside the territorial waters of Singapore, the world's busiest port. "The pile up of ships in the Straits is a reflection of the collapse in trade until the early part of this year," says P.K. Basu, Asia economist for the Daiwa Institute of Research. Mirroring that drop is the Baltic Dry Index, which tracks the average cost of shipping a container of goods. It has plummeted more than any stock market, from a peak of 11,000 in mid-2008 to roughly 2,600 today...
...Drawing a comparison with Social Security in the U.S., where one's money is often locked up until retirement, P.K. Basu, Singapore-based Asia economist at Daiwa Institute of Research, says, "Individuals really own their savings in Singapore. You get to use what...
...return the government also made certain the billions that flowed in the form of foreign investments and corporate taxes was plowed into public housing, health care and public education. "Now the government is using some of its enormous wealth to mitigate the pain for its citizens," says Daiwa's Basu. Welcome news to everyone in Singapore, no doubt, except for those hoping for shorter lines into the city's hottest bars and restaurants...
...partnership of Hayes and Felton secured an 8-4 victory over their Bears counterparts. In a tighter match, the No. 2 tandem of Omodele-Lucien and Ermakov withstood a late surge by Brown’s Chris Lee and Basu Ratnam to clinch the crucial doubles point (9-7).Down early, the Bears’ response was instantaneous, winning four of six opening sets in the singles matchups.Despite some uncharacteristic unforced errors in early baseline rallies, No. 1 Clayton defeated Brown’s Jonathan Pearlman in straight sets, 6-3, 6-4. At No. 2, the Bears?...