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...Among the criteria: "They mustn't be lazy or steal." Emerging consumer credit is helping to fuel sales. Credit cards such as Visa or American Express have only taken off in Russia in the past three years, and few Russians yet own one. But stores have increasingly begun offering loan terms to customers. Offering credit was pioneered by M.Video, an electronics and electrical equipment chain, and has quickly been adopted by others. M.Video now has 62 stores in 16 different regions of Russia and Mikhail Kuchment, the commercial director, says the plan is to open 20 more...
...conference, which kicked off last Thursday, garnered a pledge from University President Lawrence H. Summers to double GCI loan fund for campus conservation projects to $12 million...
Harvard’s first ever conference on campus sustainability kicked off yesterday with a pledge from University President Lawrence H. Summers to double the Green Campus Iniatiative’s loan fund for campus conservation projects to $12 million. Harvard Vision 2020: A Bridge to Campus Sustainability, coordinated by the Green Campus Initiative (GCI), an interfaculty organization, highlights the best practices that the University has adopted over the past five years, from purchasing renewable energy to using “green” cleaning solutions to planning and building green buildings. The loan fund supports projects that reduce energy...
...Harvard might be able subsidize mortgages,” Autler says. “I’m obviously not speaking on behalf of the University.”The University has already invested millions of dollars in Allston. In 2000, the University established a continuously-replenished $10 million loan fund to help affordable housing projects in Boston. And in 2001, it made a separate $3.5 million donation to build a housing complex in south Allston. They have promised $5 million to after-school programs and made smaller donations to improve local parks and playgrounds. “I think...
...spokesman for the Association of American Universities. “While this bill helps a little bit in that regard, it really misses an opportunity to do that.” Especially in the wake of a February bill that cut $12 billion from student loan funding, Casey said, the lack of emphasis on student financial aid was “regrettable.” Harvard lobbyists had joined higher education advocates from around the nation in Washington last week to attempt to influence the version of the legislation passed by the House. “Every major university...