Word: investive
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Saudi Arabia is changing fast. Its population is growing at one of the fastest rates in the world: just 7.3 million people lived there in 1975, but more than 20 million do today. The Saudis have failed to invest their vast royalties in businesses that will provide jobs when the oil runs out--as one day it will. And for most of two decades, the price of oil has been relatively low. Political tension has been injected into a fragile economy. On television, Saudis see what they believe is a ruthless, U.S.-backed Israeli army shooting their fellow Arabs...
...state's flinty taxpayers have refused to chip in for a new stadium to replace the charmless Metrodome, meaning that the Twins can't enhance revenues from skyboxes and naming rights and such. The Twins also have an owner, billionaire banker Carl Pohlad, who has been unwilling to invest in big salaries. "It makes no sense for Major League Baseball to be in markets that generate insufficient local revenues to justify the investment in the franchise," said commissioner Bud Selig. Minnesota brings in $25 million locally, near the bottom. The league's proposed solution to this Twins shortfall: hand Pohlad...
...hasten to add that Bush has advocated expanded welfare benefits and rebate checks for low-income workers—although Krugman and his cronies wouldn’t want you to know it.) Accelerating the marginal rate cuts approved earlier this year would provide an incentive to work and invest. And the corporate sector, which has dropped sharply, would respond favorably to a fiscal stimulus, especially given that there are no signs of significant excess capacity. Krugman should know these arguments, but his spook tactics are aimed at readers who don?...
...including, it turns out, Gaddafi Sr. "They tried, many times, to assassinate the Leader," he writes. Seif is brandishing an olive branch even as the U.S. extends sanctions against his father's regime. He says that Libya longs to send students to American universities, import U.S. wheat and medicine, invest in the lucrative oil and gas sectors and work with Washington to combat poverty and disease in Africa. "It is time we turned a new leaf," he says. The main obstacle is Libya's refusal to admit involvement in the 1988 bombing of Pan Am 103, which killed 270. "Terrorism...
...other hand, the big money gets made when you invest early and take on risk. Here are several ways to invest in China, starting with the least risky...