Word: jong
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Here's a jolt from the Dutch bank cooperative Rabobank: a savings account that pays interest in coffee instead of cash. Rene de Jong, the managing director of the company's branch in Leiden, brewed the Coffee Savings Account as a way to support coffee farmers in developing countries, staying true to the company's agricultural-banking roots. Customers have to put away a minimum of about $1,000 for a three-year term to collect the annual interest of 12 bags of coffee, each of which contains 250 grams, about 8.8 ounces. That roughly amounts to a 4% return...
...Stretched too Thin? September 1, 2003 Issue Past Covers Asian Journey August 18-25, 2003 ----------------- Cool Japan August 11, 2003 ----------------- Gloria Arroyo August 4, 2003 ----------------- Women in China July 28, 2003 ----------------- Asian Longevity July 21, 2003 ----------------- Hong Kong July 14, 2003 ----------------- Southeast Asia July 7, 2003 ----------------- Kim Jong Il June...
...Stretched too Thin? September 1, 2003 Issue Past Covers Asian Journey August 18-25, 2003 ----------------- Cool Japan August 11, 2003 ----------------- Gloria Arroyo August 4, 2003 ----------------- Women in China July 28, 2003 ----------------- Asian Longevity July 21, 2003 ----------------- Hong Kong July 14, 2003 ----------------- Southeast Asia July 7, 2003 ----------------- Kim Jong Il June...
...Bolton case illustrates the schizophrenia of U.S. policy towards North Korea. Ever since it first assumed office, the Bush administration has been divided over how to deal with the regime of Kim Jong Il. In February 2001 Secretary of State Colin Powell told Congress that the new administration would continue the dialogue with Pyongyang begun by the Clinton team, but was quickly rebuked by President Bush's skepticism that North Korea could be trusted to keep its agreements. North Korea justified that skepticism late the following year by admitting that it had been pursuing a clandestine nuclear weapons program...
...Before it revealed its clandestine program in violation of the 1994 agreement, North Korea's nuclear brinkmanship has been viewed by many in Washington and Seoul as a form of extortion designed to shore up an economy in free-fall. But some U.S. officials now suspect that Kim Jong-il may have concluded that a nuclear deterrent is the key to his survival - a belief reinforced by the fate of Saddam Hussein - and that he's rushing headlong to attain nuclear status regardless of what transpires in negotiations. After all, the nations talking to North Korea to prevent it going...