Word: fixedness
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Bongo set the paradigm for Africa in other ways too. What money he did spend on Gabon went on white-elephant prestige construction projects - a raft of new government buildings and a $2 billion transnational railway - which, when oil prices dipped, were funded by debt that spiraled out of control...
If it's going to be a rocky time for stocks, how about bonds? Government bonds have a certain allure because they're super-safe. Then again, the yield is very low. For anybody that doesn't want to take on the risk in equities but also doesn't want...
Of course, in its attempts to supply us with as much of what we desire as possible, Harvard is a purveyor of much more than education. Although it is not quite clear whether former university president Larry Summers really referred to the college as “Camp Harvard�?...
"This is reducing the artistic legacy of a man to a fixed sum to be paid off," says Stephan Martell, who worked as Marceau's musical director. "For those of us who knew Marcel and how he lived his life and art as one, this random dispersal of his possessions...
Gay-marriage supporters are now trying to use the same amendment process that created the fix they are in to restore gay marriage. "The tools are what the tools are, and until the process is fixed we don't have any choice," Jacobs says. "We have no choice other than...