Word: foreign
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...last a sensible comment on foreign aid for education. One of the easiest projects to fund in developing countries is building a school. Schools are useless without teachers and teachers in developing countries are poorly educated and qualified. Many daunting problems would evaporate if all the world was similarly well educated. A step in that direction would be to channel educational aid into a massive project to send all newly qualified teachers from richer countries on a gap year to teach in an underdeveloped country. The teachers are young, fresh and motivated and would inspire their pupils likewise. Joanna Perry...
...last a sensible comment on foreign aid for education. One of the easiest projects to fund in developing countries is building a school. Schools are useless without teachers and teachers in developing countries are poorly educated and qualified. Many daunting problems would evaporate if all the world was similarly well educated. A step in that direction would be to channel educational aid into a massive project to send all newly qualified teachers from richer countries on a gap year to teach in an underdeveloped country. The teachers are young, fresh and motivated and would inspire their pupils likewise. Joanna Perry...
...Genting in 2006. The hefty $10-billion price tag for the two developments underscore the vast ambitions of Singapore's leaders seeking to similarly transform the island's image from that of a staid, buttoned-up society into a fun, adventurous city. And while that may be fine for foreign tourists, analysts say the high fee to be imposed on Singaporeans who visit the casinos reflects the city-state's underlying unease at the thought of its conservative citizens turning into hard-partying gamblers - and making it difficult for operators to start profiting off their massive investments. (See pictures...
...their initial expectations for Sentosa's gaming revenues "far too high," says Citigroup analyst Dominic Noel-Johnson. To meet Citigroup's relatively conservative 2011 gaming revenue estimate of $1.2 billion for Resorts World Sentosa - more than a third less than the consensus of other brokerage houses - every single foreign tourist expected to come to the island that year would have to visit either one of Singapore's two integrated resorts. In addition to that unlikely scenario, every adult 21 and over in Singaporean would have to go to one of the casinos five times a year, and every adult resident...
...Such fees may help discourage gambling addicts from throwing their salaries away. But they are also likely to be a hurdle in building up the number of local gamblers and will likely force casino operators to depend more on foreign "high-rollers" to turn a profit. That strategy has its risks, analysts say. Noel-Johnson, for instance, points out that 72% of visitors to Genting's resort in the Malaysian highlands are local "day-trippers," and more than half the visitors to Macau's casinos are gamblers from Hong Kong and Guangdong province who bet with limited cash...