Word: interest
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Dates: during 2000-2009
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...homeowner and found it staggering that just the mortgage-interest and property-tax deductions amount to $96 billion per year. The elimination of those two deductions alone would virtually pay for health-care reform. I recall the fear expressed when the removal of interest deductions for auto loans and credit cards was first discussed. The bottom did not fall out of those sectors. Nor will it fall out of the housing market. Peter Remondino, Scottsdale, Ariz...
Barter, of course, isn't new: firms routinely arrange exchanges on their own. But cultivating those relationships takes time and presents numerous hurdles. "Many direct-barter transactions don't succeed outside of our network because businesses have to match one another in timing and interest," says Wayne Sharpe, Bartercard's founder and chief executive. While a restaurant owner may need $10,000 worth of printing services in the next week, it's unlikely that any printshop owner will need the $10,000 worth of fish and chips that the restaurant can provide in return. "With our service, the transaction...
Bartercard's bank-like system - which includes monthly statements and an interest-free line of credit - also provides security and accountability that informal bartering can't. Members must pass a credit check and sign a contract pledging to deliver goods in a timely manner. In terms of barter rates, a service that costs $600 is equivalent to 600 trade pounds; members constantly police one another, ensuring that their advertised barter rates match the rates they charge the public. (See 10 ways your job will change...
...These tensions may balloon in the future as other regional powers expand their interests in Baluchistan as well. The presence of some 19 trillion cubic feet of natural gas in the province has raised the prospect of significant outside investment, but it has only deepened Baluch anxieties of alienation. China has already set about securing access to Baluchistan's other rich veins of resources: it owns a controlling interest in the massive gold and copper mine at Saindak and has steered the building of a $1 billion blue water port at Gwadar, mostly using Chinese labor. The growing...
...Masahiro Unuma says the company is surprised by sales and the attention the Whopper has drawn, particularly on YouTube, where videos have popped up of people taking on the seven-patty challenge. Attempting to explain its popularity, Unuma offers, "It seems that the group of people who have an interest in the uniqueness of Burger King - this time with the 7-patty burger - overlaps with the group of people who have an interest in Window's 7." (See the top 10 food trends...