Word: indebtednesses
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Empty Seats at the Table Maybe it's time to feel sorry for Europe 's top executives. Last week, Los Angeles-based headhunters Korn/Ferry International revealed that high - and in some cases increasing - numbers of European directors are declining invitations to sit on company boards. The reason? The pressures and...
Indebted to Harvard
Indebted to Harvard
The sound of shuffling feet announces her entrance as dozens of youngsters rise from their seats to chant in unison: "We welcome our headmistress." Jane Kansiime, who runs the Kamwokya primary school in the Ugandan capital, Kampala, silently reviews the students, who stand politely at attention, five to a bench...
write-offs and other types of aid. "One dollar of debt relief is the same as one dollar of grants," says a World Bank official. Last week at the G-7 summit, the U.S. Treasury proposed a plan to cancel the debt of about three dozen countries by using money...