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...lenders, dry up credit, and leave poor countries in worse straits than ever. The rebuttal—offered by economists such as Nobel Prize winner Joseph Stiglitz—is that creditors will actually be more inclined to lend to countries that, thanks to debt relief, are able to invest in health and education and situate themselves squarely on the path to future growth. An economically sound nation will be more likely to pay back its debt than a floundering nation with negative growth...

Author: By Sasha Post, | Title: Drop the Debt | 10/23/2003 | See Source »

...will invest in the technologies of tomorrow—instead of vast subsidies for dirty industries and obsolete technologies, we’ll invest in a cleaner tomorrow...

Author: By John F. Kerry, | Title: Renewing Our Commitment to the Environment | 10/20/2003 | See Source »

...their session, Neill makes a few final recommendations. The pair should use the hooks on the bathroom door to hold clothes (the store Hold Everything also carries over-the-door racks). They should invest in color-coded hangers for each girl. “Visually and for organization, it helps to have all your hangers in the same color.” Since they are storing a lot of outerwear like hats and scarves in drawers, they should invest in a basket by the door for “accoutrements.” Finally, they should store unseasonable clothes under...

Author: By Véronique E. Hyland, CRIMSON STAFF WRITER | Title: Closet Case | 10/16/2003 | See Source »

...there's a new consideration as well: this summer the tax rate on dividend income was cut to as little as 15% from as much as 39%. Older funds do not have a mandate to invest in dividends that qualify for the lower rate. So they may hold real estate investment trusts (REITs), certain foreign stocks, preferred shares and even bonds, for which dividends remain taxable at higher rates. Good managers will probably shift accordingly. Still, there is a new generation of funds responding to the tax changes...

Author: /time Magazine | Title: Investing: Fund Fad: Dividends | 10/13/2003 | See Source »

...dramatically raising dividends. Citi boosted its payout 75%; Microsoft paid its first-ever dividend in March and then doubled it on Sept. 12. Eventually, fund investors will want to seize on this trend. The fund industry isn't exactly making things simple. Even some of the new dividend funds invest in REITs. Others trade actively and could saddle you with a tax liability. Some managers seek companies that don't yet pay a big dividend but probably will. Others stick to those that already have a large payout...

Author: /time Magazine | Title: Investing: Fund Fad: Dividends | 10/13/2003 | See Source »

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