Word: jumps
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First, if a tsunami of private-equity players and REITs jump into the sector, competition for assets will heat up, which could drive prices up. If this happens, potential profits will shrink, says Tom Fink, senior vice president of Trepp LLC, a commercial-mortgage-research firm...
...Still, for the country it was a tumultuous time. The Asian financial crisis had devastated what had once been one of East Asia's fastest-growing economies. Kim privatized state-owned companies and jump-started South Korea's IT sector. After getting $60 billion in loans from the IMF in 1997, South Korea became the first East Asian country to, in effect, graduate from its oversight, paying its IMF loans back faster than any other East Asian country, in 2001. (See lessons from Asia's financial crisis...
...faint hearted. Vast, mist-shrouded mountains cloaked in 200 foot high rainforest dominate the terrain. Huge storms towering up to 45,000 feet high are a regular occurrence and airstrips range from muddy tracks to un-mown fields on the edge of cliffs which require planes to jump from zero altitude to thousands of feet in minutes. "You are talking 200 foot trees and you can hit them and fall to your death. Very few aircraft survive accidents like that," says Grant, 63. Though there are few navigational aids for pilots operating in PNG, Grant doesn't think they would...
...settle in the U.K. can apply for citizenship after about five years. The new probationary-citizen plan would lengthen an immigrant's total wait to an estimated six to 10 years, according to the Home Office. (The wait for those immigrating on the basis of family ties would jump from two years to between three and seven...
...medical care has ballooned, according to a new report in the policy and research journal Health Affairs. The study's authors compared medical data from 1998 and 2006 and found that obese Americans--who now make up a quarter of the U.S. population--are responsible for a $40 billion jump in annual medical spending. Obese people spend $1,400 more a year than people of normal weight on medical services, according to research data. Medicare doles out $600 more for obese beneficiaries; Medicaid pays $230 more for their prescription drugs. Annual costs associated with obesity are now estimated...