Word: givees
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...retail businesses in addition to exploration and construction companies. In return for so-called "no-strings-attached" aid and cheap loans to African countries, Beijing expects privileged access to oil and resources, political support in institutions like the U.N., and African governments - be they good, bad or despotic - to give Chinese companies the first opportunities to reach local consumer markets...
...Hastings makes the unimpeachable case that posterity will remember Maugham, first and foremost, for these undeluded, worldly-wise, sometimes shocking tales of white colonist-planters exiled in the steamy jungle. In later years, when he visited Mexico and Central America, he was to write that these countries did not give him a fraction of the inspiration that he got from Asia. There is a just measure of reward in the fact that if anyone reads Maugham now, they are more likely to be in that continent than in the West, which seems to have largely forgotten...
...impossible to dismiss him out of hand. Second, the data point that has dollar worriers most alarmed - burgeoning U.S.-government debt - is for real. Finally, the global monetary setup we've had since the early 1970s (one with the dollar at its center) is looking rickety. Something has to give. (See pictures of the global financial crisis...
...million. Back in the Philippines, you can pun on Pacquiao with pakyaw - a verb, pronounced the same way, that means "to monopolize, to corner the market, to take everything at wholesale in order to maximize profit." Pacquiao knows he wants more than he has, more than boxing can give. At the stadium, he retails anecdotes from his life to a couple of Filipinos and repeats what seems to be both an assertion and a lesson learned. "'Di ako bobo," he says in Tagalog. "'Di ako bobo." "I'm not stupid...
...workers badly trails that of residents of the major urban centers creating a mass of 900 million people who still tend to be very heavy savers. Huang suggests that China needs to act aggressively to boost rural incomes, by, for example, extending banking systems deeper into the countryside to give farmers better access to credit to start small businesses. MasterCard's Hedrick-Wong argues that China should also open up service industries now dominated by large, state-owned companies, such as finance, to allow new entrepreneurs to flourish, creating more jobs with higher wages...