Word: loaning
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...just one more part of the reason for Denmark's dominance. In the end, it happened because Denmark had the political and public will to decide that it wanted to be a leader - and to follow through. Beginning in 1979, the government began a determined program of subsidies and loan guarantees to build up its nascent wind industry. Copenhagen covered 30% of investment costs, and guaranteed loans for large turbine exporters such as Vestas. It also mandated that utilities purchase wind energy at a preferential price - thus guaranteeing investors a customer base. Energy taxes were channeled into research centers, where...
...politician traveling in Africa for a charity event when the loss of your wallet leaves you stranded without cash or credit cards. Who you gonna call? Would you mass-e-mail voters back home begging for a quick loan? Hundreds of constituents of British Cabinet minister Jack Straw found this message waiting for them. "I misplaced my wallet on my way to the hotel where my money and other valuable things were kept. I would like you to assist me with a soft loan urgently with the sum of $3,000 US Dollars to settle my hotel bills...
...into the plan that the Treasury Secretary announced in early February. Geithner offered only a broad outline of how he plans to spend the rest of his recovery funds. But community banks were probably pleased by Geithner's proposal to expand the Federal Reserve-funded Term Asset-Backed Securities Loan Facility to commercial-real estate loans as well as consumer credits...
...quarter ending on December 31, 2008, while passenger car sales in India slid 14.4%. With losses mounting, it recently reported a quarterly loss of $58.5 million its first in seven years. To complicate matters, Tata Motors faces a June deadline when it must repay a $3-billion bridge loan taken on to buy Jaguar Land Rover (JLR). (See the 50 worst cars of all time...
...Saddled with debt from the acquisition, Tata Motors could get some relief from the public sector. Last month, the British government pledged to guarantee a total of up to $3.3 billion in loans to help U.K. car companies cope with the recession, which could make it easier for the company to get fresh financing and pay off the $3-billion bridge loan coming due in June. In addition, with interest rates declining, vehicle demand appears to be firming up in India, especially for passenger cars. Tata Motors January car sales were the highest since May 2008 - good news since...