Word: foreigners
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Dates: during 2000-2009
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...Japanese businesses and financial institutions, however, are in a good position relative to their foreign counterparts. Japanese companies have ample cash on hand at a time when cash and liquidity matter most. As mergers-and-acquisitions activity increases abroad, the appreciation of the yen (currently 90 to the dollar) can actually work in favor of Japanese businesses, making acquisitions more affordable as the market caps of their competitors decline. And banks, even with some financial constraints, are seeing lending increase, with growth of 3.7% in December from a year earlier. Positive news, to be sure, but not quite the stuff...
...improve local schools. "When we as a group put a package together to send to Barack Obama, what should we ask for?" Richardson posed the question at the start of the meeting. The answers were varied and thoughtful. Why not encourage high school students to get passports to promote foreign travel? Why not sponsor overseas pen-pal programs via the Internet? Should there be more awards to recognize great teachers...
...course, bike lanes, electric buses and light-rail extensions are even more efficient than road repairs when it comes to fighting global warming, volatile gas prices and our addiction to foreign oil; transit projects also create 9% more jobs. Then again, transit projects like high-speed rail lines and subway stations tend to take more time to build than roads or repairs. And while a recent study calculated that the average dollar spent on infrastructure ricochets into $1.59 worth of short-term growth - a bit better than aid to states or broad-based tax cuts and a lot better than...
...prospect of a haphazard stimulus exploding the national debt is scary too - partly because we paid $450 billion in interest last year, rivaling what we spent on Medicare, and partly because our liabilities could crush us if foreign investors sour on Treasury bonds. That's why Obama's advisers want to focus on temporary initiatives that won't drown us in red ink by creating long-term obligations, which they call tails. It would be nice to give cash-strapped transit agencies enough money to reduce fares for a year, but what happens when the year is over? Similarly, some...
...Israeli envoy Amos Gilad returned from Cairo on Thursday night to brief Olmert and his Defense and Foreign Ministers about Hamas' response to the Egyptian truce proposals. Israeli officials claim that Hamas may be willing to drop two previous demands: that Israel withdraw its troops from Gaza before Hamas stops firing its rockets into Israel and that Hamas control the Gaza border crossings with Israel and Egypt. These sources say Hamas has agreed that the Gaza crossings be manned by a force loyal to Palestinian President Mahmoud Abbas, a Hamas rival supported by Israel and the U.S. So far, Olmert...