Word: investments
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Security aside, a big risk of the Ports affair is that Middle Eastern firms will invest their petrodollars elsewhere. One worrying sign: trade talks that were supposed to start this week between the U.S. and the United Arab Emirates were delayed. Both sides, it seems, need time to cool...
After a 15-year economic eclipse, a stream of good news is finally brightening the outlook for Japan. Banks have started to lend again, companies to hire and invest, and consumers to spend. Things are so good, in fact, that the Bank of Japan has just declared victory in its epic battle with deflation. The country has the world's second largest economy; its recovery will have implications around the globe...
...inkling of confidence. Companies began to clean house. Entire sectors of the economy were reorganized. Twenty steel businesses became four; nearly two dozen banks became three. Then China's explosive growth and a rebound in the U.S. kicked the fabled Japanese export machine back into gear. Firms began to invest again and, for the first time in almost a decade and a half, people started to look to the future. Unemployment stopped rising, and consumers, very nervously at first, started spending. Slowly, over the past three years a new dynamic has taken hold, such that in the last few months...
...preach about achieving the greater good for the environment and society, rallying against the exploitation of ANWR and overdevelopment. But senior year comes along, and they are increasingly aware of the realities of what it takes to lead the good life after college. They are hired off by investment banking firms and invest in brand new gas-guzzling BMWs...
...more done in terms of divestment at Harvard.” The original petition for divestment—conceived in October 2004 by Collins and Manav K. Bhatnagar ’06—called upon Summers to publicly pledge that Harvard “will not invest in any corporation that conducts business with the Sudanese government for as long as Sudan is in violation of international norms of human rights.”Around 800 students, faculty, and alumni had signed the petition by the time the Harvard Corporation, the University’s top governing body, voted...