Word: loans
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...What may be of more lasting help to Europe's automakers is the billions of dollars of direct support being pledged by governments. The $3.2 billion in loan guarantees offered by the British government in January, for instance, should boost struggling carmakers' access to much-needed credit to fund areas like research and development. In London on March 11, British carmakers and banks gathered to kick-start the distribution of the loan guarantees. With car registrations forecast to slide 20% in Britain this year, the government will be hoping that it can still save its auto factories, and the jobs...
...Applications for Federal Student Aid are at three million for the 2009-2010 school year, an increase of 20 percent over the same processing period last year, according to a release by the National Association of Student Financial Aid Administrators on Friday. The government’s direct student loan program is also up by $7 billion this academic year, according to NAFSAA. The increase in applications for financial aid at Harvard maps with the national increase in FAFSA applications. This year, the number of financial aid applicants increased from 73 to 78 percent of the undergraduate population, according...
...agenda is nationally, politicians aren't likely to back anything that hurts their constituents. The bill could well hinge on tiny provisions that members want to see removed or modified. Nelson is already opposing Obama's budget because of education provisions that would end federal support for private student loans and divert the money into grants. NelNet, a private student-loan company in Lincoln, Neb., employs 1,000 people and could go out of business if the budget is enacted as Obama envisions it, Nelson points out. "I think it'd be the wrong direction for people to outsource jobs...
...that had been hurt. Business colleagues and German reporters have described Klatten as normally skeptical and the possessor of a highly analytical mind. Nevertheless, she handed over $8.84 million in cash in the underground parking lot of the Munich Holiday Inn, according to Italian newspapers. The money was a "loan" to help Sgarbi out of his troubles...
...suffering from hyperinflation and political polarization, all but collapsed as a result of the tariff war, leading to the meteoric rise of the National Socialist Workers’ Party in the parliamentary elections of 1932. Today, Hungary and Ukraine are in danger of defaulting on their already-generous IMF loan packages, while South Korea, Taiwan, and Japan fear for the long-term health of their economies. If America slides into protectionism, the relative geopolitical stability of the post-Cold War era may come into question...