Word: creditably
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...adds that the government has uncovered more than 1 million cases of illegal land acquisition between 1999 and 2005. "It pops up in sectors where the government holds huge sway," Pei says. "These are the least reformed, least competitive areas. The government owns the land; the government controls bank credit. This is where corruption tends to occur...
...nations like Nigeria. Africa's oil wealth is all the more important now that China is investing huge sums of money. In Mauritius, the Chinese government is building a $500 million business park. Angola, China's leading supplier of oil, has received at least $5 billion in loans and credit...
...anchored the second-best penalty kill (.958) in the country. “We won the special-teams battle, and our goaltender was superb,” Donato said. “Those two things combined for a win.” But the goalie gives most of the credit to his defensemen for their efforts. “They’re helping me out, I’m helping them out, so it’s a good trust between us right now,” Richter said. After an up-and-down rookie season, Richter?...
That may depend on where you stand. When TIME's Board of Economists met during the World Economic Forum in Davos, Switzerland, late last month, the perspectives varied according to geography. "The U.S. economy is on steroids," said a worried Pascal Blanque, chief economist at the French bank Credit Agricole. Blanque fears an America bulking up on dangerous deficits, a lax monetary policy and the falling dollar. "The European economy is on tranquilizers," retorted Laura D'Andrea Tyson, dean of the London Business School and former chair of the Council of Economic Advisers in the Clinton Administration. She argues that...
...more is on the way. One service already attracting a lot of attention is a pilot project between MeritaNordbanken, the Finnish cell-phone maker Nokia, and Visa International, the credit-card company. Nokia will soon have available in Finland cell phones that contain two chips, one for mobile-telephone service and one from Visa that adds a nifty credit-card function to the handset. The Visa chip will allow a customer to hold the phone near a cash register and push a button to pay a bill rather than having a clerk swipe a credit card. The digital mobile phone...