Word: conflictingly
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...Moody’s, like rival firms Standard & Poor’s (S&P) and Fitch, Inc., follows a “corporation-paid” model, in which the corporation issuing a security pays for Moody’s to rate that security. This creates a conflict of interest. Since rating agencies want to keep a steady flow of business, they have good reason to overrate securities and make their customers—the issuers—happy. Indeed, rating agencies in the past have given collaborative feedback to issuers to such an extent, some argue, that their ratings...
...then, can regulators and businessmen alike mitigate this conflict? The most logical initial step is to place renewed emphasis on the investor’s responsibility to rely on a constellation of datapoints, rather than one datapoint, when she makes an investment...
...central government for health and education in the coming years, and its chosen method of distributing the money is often those same village committees. "The push is on for rural community development centers that include such things as health care clinics, deciding who qualifies for government relief, conflict resolution centers, libraries, even sometimes a small supermarket," says Liu. "This anticipates the return of the migrant workers so that they will feel they are being taken care of when they go home...
...imagine. The decision is hugely consequential. Even as the U.S. was engaged in two fronts in the so called War on Terror over the last eight years, it simultaneously spent defense dollars on weapons systems grounded in the assumption that someday the U.S. might well find itself in conflict with a big, technologically sophisticated nation with global ambitions, one with a well-funded, well-equipped army, navy and air force. America needed, in other words, to be ready to go to war with China. (See pictures of how China and other nations are joining the space race...
...facto independent region where Russia had already fought one bloody war. One of Putin's first moves, before he became President, was to launch the Second Chechen War. Kadyrov's father, Akhmad, was installed by Moscow as part of its new strategy of "Chechenization" of the conflict: turning power over to local rebels-turned-allies...