Word: loaning
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...Sibneft - the oil company in which Yukos says it has a 92% holding. (Total denied it was interested.) A group of foreign banks warned Yukos that with Russia having frozen its assets over a $3.5 billion tax claim, the company was in danger of defaulting on a $1 billion loan. Now here comes pro-government politician Viktor Gerashchenko, dubbed by former Kremlin economics advisor Jeffrey Sachs as "the worst central banker in history" after presiding over the crash of the ruble in 1994, to announce that Yukos had invited him to be its chairman. Gerashchenko said that while certain shareholders...
...vote of 33-1, the council approved lending $20,000 to the HCC for marketing and advertising costs. Council President Matthew W. Mahan ’05 said the concert will raise more than enough money to pay back the loan because the event would be open to the wider community...
...exhibit presents the work of naturalist-educator Albert Bussewitz, a dedicated student of the Arboretum landscape. His photographs are on loan from the Masachusetts Audubon Society’s Visual Arts Center in Canton, Mass. Through May 17. Hunnewell Building Lecture Hall, 125 Arborway, Jamaica Plain...
...work, it's a positive sign. Rising prices signal renewed economic vigor and a healthier job market. For everyone else, inflation is a serious pocketbook drain. Wage increases aren't likely to keep pace initially, and rising loan rates will further cut your buying power. Mortgage rates have already begun edging higher. Pretty soon we'll have to say goodbye to five-year, 0% car and truck loans...
...Eric Lander, while working for Collins in the tortoise-paced Human Genome Project, who saw that his team was losing and made it his business to beat Venter's harelike private venture at its own game. With $34 million from the Genome Project and a $38 million loan from M.I.T.'s Whitehead Institute, Lander ordered dozens of special-purpose computers and state-of-the-art capillary machines and built a huge automated gene-sequencing pipeline so insatiable that he was soon grabbing long stretches of DNA from other labs to feed its monstrous appetite. It was his lab's work...