Word: investers
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...legal challenge. But Western oil companies are watching. Analysts say they would snap up what's left of Yukos if allowed. Big oil "is desperate to invest in Russia. It's one of the few opportunities left," says Jonathan Stern of the Oxford Institute for Energy Studies. Does Russia intend to keep that opportunity at home? - With reporting by Valeria Korchagina A Bit Of Healthy Competition I f one drug firm sneezes, does the whole world catch the flu? U.S. health authorities were scrambling to answer that question last week after a severe shortage of flu vaccines sparked consumer panic...
...they had the resources to invest in themselves, more working Americans could earn a livable income, save and even become entrepreneurs. But many lack those resources, because they’re struggling just to get by. Nor can they borrow capital to fund their education or start a small business, because they don’t have any collateral. No amount of tax credits is going to help them out of this poverty trap—high taxes are not holding low-income families back. But this point is apparently lost on Mr. Bush, who was born with enough money...
...Democratic “Opportunity Society” would target the roots of inequality, beginning with the vast gulf in education spending that divides affluent and poor communities. That would require a much bigger federal role in education funding. Such a society would invest in universal pre-school, generous paid-parental leave (for mothers and fathers) and health coverage for every child. (Kerry’s under-publicized healthcare proposals make great strides toward universal child health care. By framing that effort as part of a new pledge to level the economic playing field from the start, the challenger could...
...poverty-—and it would do so by expanding opportunity, not the welfare state. That isn’t to say we should scrap the safety nets we have. The way to reduce welfare rolls isn’t to cut off those in need, but to invest in people before welfare becomes their only option...
...flowing to Italy, but it could prove difficult to stop the unwelcome flow of immigrants. Officials in this oil-rich state admit they are not sad to see desperately poor Africans set course for Europe. And if Europeans really want to stop illegal immigration, they argue, they should invest billions in Africa to convince Africans that they have viable economic opportunities at home. Instead, they estimate that more than 1 million Africans now crowd Libya's cities, creating a jarring subculture in a Muslim country of fewer than 6 million. "Geography has not been kind to us," says Libyan Prime...