Word: hurtful
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...equivalent of 14% of GDP - focused on large infrastructure projects, work often done by large state-owned construction firms. Similarly, the lending spree was primarily directed at state-owned enterprises that offer banks an implicit guarantee that the government will cover outstanding debts. The downturn in exports mainly hurt small- and medium-sized firms in the south, which are usually private owned. The result is that while profits are climbing for large, state-owned firms, the private sector is lagging. "The biggest challenge for the authorities is that the private sector has yet to fully recover. This makes it difficult...
Case in point: In Hawrilenko’s worst month, he stepped up to a bigger play and lost about a million dollars. “That hurt,” he recalls. But the month before, he had won $700,000. And the month following also proved fruitful. Hawrilenko never totally depleted his bankroll that year—a “great year,” in fact. A seasoned player, Hawrilenko had the funds, the temperament, and the knowledge to buffer the loss of even a million dollars. In the long run, he knew, it was just...
...political influence - a lot more difficult to sort out. Whereas the traditional pharmaceutical industry is concentrated in just a couple of states, biotech firms have sprung up just about anywhere you find a university with a research hospital, which gives them a broad political base. "I know that vote hurt me at home," says Ohio Senator Sherrod Brown, who led the unsuccessful fight against the 12-year exclusivity in the Senate HELP Committee...
...police and judiciary officials were involved in the investigation, including Chongqing's top judicial official, Wen Qiang. He has been accused of protecting businesses in real estate, prostitution, gambling, transportation and illegal loans. Another three cases are still under way. (Read "Could Corruption Probe Linked to Son Hurt...
Though early turnovers were costly for the Crimson, as the Leopards turned a fumble and an interception into its first two scores, Harvard hurt itself just as much with its struggle to get first downs...