Word: controling
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...hopes of regaining control of how their money is being invested, many families have been asking about the possibility of cashing in their 529 accounts altogether and writing off the loss on their taxes, says Joe Hurley, who runs savingforcollege.com, a website that provides information and advice about 529 plans and allows investors to compare different state plans. The good news is that for some people, closing an account can result in a significant tax write-off. But as with most things tax-related, the rules are complicated. Here's what to consider before you bail...
...from the stories of the richest self-made people in 100 American towns, comes out in May, thinks Worth is on the right track. "You have to try dramatic things if you're in the traditional media business," says Jones. "In the next few years, those who are in control of their finances will be spending. Better to market to them than anyone [else]." (See how Americans are spending differently in the recession...
...experts who agreed to talk to TIME: Within minutes of a vessel being seized by Somali pirates (or foreign oil workers being nabbed in Venezuela or Nigeria) the crew alerts its company headquarters. There, officials call the company's insurer, which then contracts a "response company" - private firms, like Control Risks in London or ASI Global in Houston, which are generally staffed by former military personnel experienced in hostage situations, and whose day rates can run to thousands of dollars, according to insurance brokers. Those companies begin negotiations with the kidnappers or pirates, and are usually authorized to take decisions...
...analysts in Moscow warn that the insurgency problem in the region is far from finished, and express concern that the decision gives even more control to the heavy-handed Kadyrov. "It's not a victory for Moscow, it's a compromise," says Alexei Malashenko, an analyst at the Carnegie Moscow Center. "For Russia, it's necessary to save the money spent on assistance to Chechnya because of the [economic] crisis. For Kadyrov, he now has the chance to become a dictator." (See pictures of Putin's patriotic youth camp...
...tail that wags the Russian dog. He has been lobbying for a pullout for months and experts say it will allow him to strengthen his already firm grip. "He has built a state within a state," says Doukaev. "The Kadyrov government is a problem for Moscow. They have no control over him. This decision gives him a free rein to operate...