Word: businessmen
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...Congratulations on an extremely well-written and perceptive article on our national game and how it has attracted rich businessmen from around the world. There is little doubt that with the global TV income, association football is a very big business taking off in Asia. Having been involved in the professional game for more than 35 years, I have seen massive changes in all areas-stadiums, players, spectator comfort and involvement and, of course, TV coverage, which now dictates how the game is run. My team, a proud Premiership club with a fan base exceeding 50,000 every home game...
...national borders arises out of concern for security, walls are not the right way to keep people out. They are rather passive and superficial in the sense that terrorists who want to enter a country will do so at any cost, but people with good intentions, such as businessmen who want to invest there, will be thwarted and will turn to and benefit places that inhibit them less. Lu Yang, Singapore
...world had known about Angola's oil reserves for decades, but war made them hard to reach. Now peace and high prices have made them alluring again. Today Angola is the second-largest oil producer in sub-Saharan Africa, and production is growing 25% a year. Since 2002, businessmen have been flying into Luanda offering huge sums in return for access to oil, while foreign governments have bolstered their case with aid. China has made a habit of outbidding the world here. In 2004, years of talks over structural reforms between Angola and the International Monetary Fund became redundant when...
Angola is following a path that's painfully familiar among African oil states from Equatorial Guinea to Sudan. The pattern is this: well-connected businessmen and unscrupulous government officials grow impossibly rich, and the ruling élite uses its wealth and largesse to consolidate its own power. Much of this money is funneled into banks and assets abroad, while the majority of the population stagnates or even grows poorer...
...national borders arises out of concern for security, walls are not the right way to keep people out. They are rather passive and superficial in the sense that terrorists who want to enter a country will do so at any cost, but people with good intentions, such as businessmen who want to invest there, will be thwarted and will turn to and benefit places that inhibit them less. Lu Yang, SINGAPORE...