Word: financees
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During the boom years, banks lent vast sums of money to developers as property fever gripped the newly wealthy nation. But when the bubble burst with the global meltdown last year, these unpaid loans left huge holes in the banks' books and the liberal lending of the Celtic Tiger era...
That's why the Recovery Act that we passed back in January makes the largest investment in clean energy in history, not just to help end this recession, but to lay a new foundation for lasting prosperity. The Recovery Act includes $80 billion to put tens of thousands of Americans...
The senior partners in the coalition are Chancellor Angela Merkel's Christian Democratic Union (CDU) and its Bavarian sister party, the Christian Social Union (CSU). Westerwelle heads the junior coalition party, the Free Democrats, and campaigned primarily on economic and finance issues. He was forced to scale back his demands...
The new designated finance minister is an old government hand, Wolfgang Schaeuble, who long served as a powerbroker in the CDU and was a close adviser to former Chancellor Helmut Kohl. He has been wheelchair-bound since an assassination attempt in 1990.
This being a Pamuk novel, of course, that happiness is short-lived. While the unabashed descriptions of lovemaking can at times verge on clumsy, the descriptions of loss are etched in sharp relief. Kemal, much to his regret, ends things with Füsun, and the next 350-odd pages...