Word: crediteers
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...What do you think about PETA's methods? There's a pretty wide difference between the Humane Society and PETA in terms of tactics and tone and perhaps even some philosophy. But I give PETA credit for moving the needle on a number of matters, including animal testing. We feel like we're positioned exactly where we want to be in the mainstream of American society...
ICELAND Drop in currency value since a year ago: 51% No developed country has suffered as much from the credit crunch as Iceland, which has seen its banking system and its currency, the kronur, all but collapse. The silver lining in an Arctic cloud: what was once one of the most expensive, if memorable, destinations in Europe has suddenly gone budget. Icelandair flights from New York City start at $500 round-trip, and decent hotels in the hip capital of Reykjavik - like the Centerhotel Thingholt - are as low as $60 a night. Sure, if you go in the late fall...
...about 25% of its value over the same time period.) The cost of oil, which has driven much of the investment in alternative energy in recent years, has halved since the summer. And new green industries, like wind farms and solar-panel factories, are no less affected by the credit crunch than any other business...
...enhance college affordability through a comprehensive and detailed education plan. The Obama-Biden ticket’s plan to streamline the federal financial aid application (FAFSA) is welcome news, but we are especially excited about Obama’s promise to give every American family a $4,000 tax credit to pay for the costs of tuition in exchange for a commitment to public service. Expanding the promise of an affordable and accessible college education is no easy task; it is doubly difficult during a steep recession. It will require sacrifices from everyone involved: individual families, colleges, state governments...
...Privately, bankers and businessmen warn of a lack of currency to import food and the failure of local producers to replace imports. The supplies of foodstuffs available on Moscow supermarket shelves are shrinking as importers struggle to raise credit to replenish their stocks. Even the vodka has disappeared from the shelves of my two village stores - they can't raise credit to pay their supplier. And at least two major national alcohol producers have recently folded...