Word: guaranteee
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During the boom years, banks lent vast sums of money to developers as property fever gripped the newly wealthy nation. But when the bubble burst with the global meltdown last year, these unpaid loans left huge holes in the banks' books and the liberal lending of the Celtic Tiger era...
Despite China's strong rebound this year, Chinese officials remain cautious. On Sept. 11 Premier Wen Jiabao said "the stabilization and recovery of the Chinese economy is not yet steady, solid and balanced." China's stimulus package - the equivalent of 14% of GDP - focused on large infrastructure projects, work often...
It’s a guarantee that forms the very cornerstone of Las Vegas, an empire of gilded beauty. It’s a promise that has woven dramatic fantasies out of twinges of desire, and mind-numbing addictions out of vague curiosity. Do not doubt the mythological power of...
According to Bernhard, the UNLV sociology professor, gambling constitutes any activity in which valuable items are wagered with no guarantee of the outcome. The description sounds a lot like poker—every hand has a good or bad outcome. It’s the mere possibility of the former...
Still, there's no guarantee the AMA or other physicians' groups will ultimately support health-care reform. "We haven't seen the Senate bill," AMA president Dr. J. James Rohack said at a press conference Tuesday urging passage of the 10-year freeze. "So once we get that out there...