Word: loans
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...Chinese companies removes dollars from swelling national reserves, easing pressure on the renminbi to appreciate. China has given 22 of its cities and provinces the right to approve overseas investments of up to $200 million without consulting Beijing. Last month, the China Development Bank even issued a $10 billion loan to telecom-equipment maker Huawei to promote its international operations?a line of credit more than five times greater than the overseas investments of all Chinese companies last year...
...guzzling SUVs and sedans with large engines. Test-driving drab cars like the Nissan Sentra left her underwhelmed. Then she spotted the Mazda3, a sporty four-cylinder hatchback launched in 2003. You might think of hatchbacks as wheezy econoboxes from the 1970s. But Dekat, 22, a loan processor from Dallas, liked the Mazda's svelte style and pep; she pictured herself blasting U2 out the windows and impressing her friends. "I fell in love with it at first sight," she says...
Shakespeare didn't call his play Shylock: The Jew of Venice. The title character is Antonio, who rashly wagered his flesh as collateral for a loan. Shylock was simply Antonio's banker, whose humiliation--by lovely, quick-witted Portia--is irrelevant to the romantic intriguing that consumes most of the plot. But Shylock's injured majesty and his rough treatment by the play's putative hero and heroine have hijacked The Merchant of Venice and made it a showcase for great actors. In a production in which Laurence Olivier, say, or Dustin Hoffman took on Shylock, does anyone remember...
...dean fighting to reduce the cost of education by increasing aid and loan forgiveness, I was quite uncomfortable with adding additional fees to student term bills—regardless of how noble the cause,” Ellwood said yesterday. In his first six months as the KSG’s top administrator, Ellwood has sought to fund the growth of the school’s popular Loan Repayment Assistance Program, which helps KSG grads who take low-salary public sector jobs erase their student debt. The switch to wind energy costs the school an additional $9,000 per year...
...better year for kids that have nowhere to go after school. May the New Year be a better year for working families that can’t afford health insurance. May the New Year be a better year for soldiers whose parents have to take out a loan to send them body armor in Iraq...