Word: bottom
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...industry, for instance, may be resistant to some of the volatility now plaguing financial markets. That's because those who borrow in small amounts from micro lenders often work on projects unaffected by large-scale global banking travails. Recent studies have confirmed the robust reliability of borrowers at the bottom end of the global income scale. The world's poorest are affected, though, by commodity price volatility and fluctuating food and fuel costs. Mary Ellen Iskenderian, CEO of Women's World Banking, a global network of 54 microfinance institutions and banks in 30 countries, spoke to Time's Jeremy Caplan...
...have meant that families may face trade-offs like the choice between paying back their loans or putting dinner on the table for their families. Microfinance doesn't target the poorest of the poor, as they need other types of intervention. It targets the economically active poor at the bottom of the pyramid. There are signs that micro-entrepreneurs will see higher interest rates, since the global credit crunch will likely require MFIs to raise interest rates as funding becomes more scarce. I am particularly concerned about the ramifications for women since, for many poor women around the world...
Worse from a profitability point of view, GM's product line is currently skewed toward pickups and SUVs, unlike Toyota et al. So declining sales in those segments takes a much bigger bite out of GM's bottom line...
...credentials—laid out in the form of a résumé—measure up. There are clear dangers to such an obsession, and it’s important to ensure that the endless drive to self-promote does not find students plunging to the bottom of a river...
...about the defense and rebounding in Loudonville, with Harvard posting its best defensive effort of the young season. Siena guard Allie Lindemann (4-of-8 from long range) led all scorers with 18 points, but no other Saint could find the bottom of the basket—the hosts shot just 33 percent from the field on the afternoon...