Word: creditably
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...acute that banks reportedly were hiring local hairdressers and car salesmen and turning them into private bankers. They were also stealing employees from rival banks. "There were a lot of complaints to the Monetary Authority of Singapore about poaching," says Annie Wee, a former private banker with Credit Agricole Indosuez in Singapore. "Clients began to complain...
...access and tickets - for everything from airline seats to events. And machine-dispensed downloads of music videos and TV shows is also a future possibility. Since teenagers will make up a big part of the market, the Coke machines' main payment method is cash (though they accept credit cards). Vodafone's kiosks, however, also accept chip-and-pin debit cards, which is crucial given the handsets retail for a bit more than pocket change, between $55 to $150. Vodafone's goal is simple: it makes no money from selling phones, but from the voice and data traffic they deliver...
...robust exports have been increasing their investment at home, which is creating jobs. Jobs, in turn, are giving a vital boost to consumption. The World Cup may have helped a bit too, especially in Germany, where some retailers and restaurants did extra business. Governments have been quick to take credit. "We've finally cut the knot," enthused Michael Glos, the German Economics Minister. "Solid growth has returned," crowed Thierry Breton, his French counterpart, predicting that 2007 will be "a good to very good year." Many economists are more skeptical, pointing out a slew of significant risks that could...
Meanwhile, New Orleans officials have, to their credit, crafted a plan to use buses and trains to evacuate the sick, the disabled and the carless before the next big hurricane. The city estimates that 15,000 people will need a ride out. However, state officials have not yet determined where the trains and buses will take everyone. The negotiations with neighboring communities are ongoing and difficult...
...proving there is no New York concern too parochial to merit her attention. When an Appropriations subcommittee passed a bill that was loaded with goodies for New York recently, Hillary's staff bombarded reporters' e-mail with seven press releases in just over an hour, making sure she got credit for communications equipment for Onondaga and Rockland counties, economic-development assistance for Staten Island, a program for at-risk kids on Long Island, a crime lab for Monroe County and much more...