Word: flows
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...from the trade in these resources except the Congolese people who are the victims of the war." The mining conglomerates have to come under political pressure, she argues. "They aren't likely to stop what they are doing overnight because of an attack of conscience." But choking off this flow of funds is not just about putting pressure on multinational corporations but also about forcing governments in the area, through firm diplomacy and tight financial screws, to uphold protocols and peace processes in order to be in good odor to do legitimate business in the first place. Says Tertsakian...
...jingoistic way he delivered, eight songs about affection and relationship troubles might not cut it. Keith should go back to his bread and butter if he’s going to prove that he’s as good as he once was. —Reviewer Christian B. Flow can be reached at cflow@fas.harvard.edu...
...Sands revealed its cash was drying up. For the first six months of 2008, according to the filing, the company's earnings were "insufficient to cover fixed charges" by $80.1 million. This gaping shortfall, astonishing for a company that was throwing off more than $600 million in free cash flow annually just three years ago, could trigger defaults on its $8.8 billion in long-term loans. That, in turn, could jeopardize Las Vegas Sands' ability to continue "as a going concern," according to the filing. (See 10 Things to Do in Singapore...
...growing more reluctant to part with their money. Las Vegas Sands has also been grappling with an unexpected problem: China's government is increasingly alarmed by the profligacy and gambling debt of its citizens. China recently imposed visa restrictions on mainland tourists to Macau, reducing the anticipated cash flow from Las Vegas Sands' Asia operations. According to Daniel Renshaw, a Sydney-based gaming analyst with Merrill Lynch, these twin challenges will be difficult to surmount. "They are relying on an increase in revenue in Las Vegas and Macau over the long term," says Renshaw. "That seems to me a precarious...
...Just as the success of movies and the flow of films to Massachusetts is an uncertainty, so too is the overall economic impact that they will have on the State. Paleologos believes that a “multiplier effect”—the idea that economic development will stimulate more than just the directly affected industries—may cancel out any money that the state puts into its film efforts...