Word: loaning
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Dates: during 2000-2009
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Most of the time, the troops just busy themselves with field exercises in the local farms and orchards. But every so often, things heat up. This summer, China pressured the board of the Asian Development Bank to block a $2.9 billion loan to India, arguing that part of the money would go to a flood-control project in Arunachal Pradesh. The governor of the state, a retired army general named J.J. Singh, then announced that India would deploy 50,000 more troops up there, though he tells TIME the additional troops were planned well before any hint of tension...
...Becoming an Anglophone isn't cheap - but that's not stopping students from signing up. Laetitia Marcellesi says she had to get a job to pay for the course, while her classmate, Justine Boussin, took out a loan to finance a study-abroad trip to London. Only time will tell if future French students will start getting this type of practical training for free at school or whether they'll have to keep paying for it once they graduate...
...stock-loan department, AIG's other disaster, took the cash it got for lending out stock owned by AIG and invested the money in esoteric securities rather than in risk-free Treasuries, the standard practice. The idea was - I'm not kidding - to make an extra one-fifth of 1% in interest. When the esoterica, which the stock-loan folks thought was riskless, crumbled, so did the firm. (See the worst business deals...
...fled the mainland to Taiwan in 1949 - priceless items that have never been returned - the People's Republic has shipped another exquisite cull of artwork to the island. There are just 37 pieces this time (comprising Qing dynasty paintings, vases, seals and other artifacts), and they are strictly on loan from Beijing's Palace Museum. But the gesture is unprecedented, emotionally charged and heralded as one of the fruits of Taiwan President Ma Ying-jeou's conciliatory cross-strait policy...
...most powerful weapons in our arsenal for cutting emissions. According to the Environmental Protection Agency, constructing 180 new reactors would cut emissions by 80 percent by 2050. Even Energy Secretary Steven Chu has also expressed support, even if somewhat lukewarm, for the nuclear approach, endorsing in September additional loan-guarantee authority for nuclear power and saying that, “If you really want to restart the American nuclear energy industry in a serious way...we [need to] send signals to the industry that the U.S. is serious about investing in nuclear power plants.”Fears about...