Word: local
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Dates: during 2000-2009
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...feasible or desirable to remove all benefits, but how about dismantling tax benefits for owners of second homes? In many European countries speculators build tax-subsidized holiday homes, and then rent them out at exorbitant rates while receiving substantial tax relief on their mortgages. The result is to price local people out of the property market while losing agricultural land to so-called residential development, which may well stand empty for more than half the year. Tax benefits for property speculators are costly and regressive and any politician considering ways to save money should give them a long hard look...
...wind-turbine makers. In a position paper released in September the group said, "The use of bidding requirements to bar international [wind-turbine] companies from competing is a cause for grave concern for these players who have all invested heavily in the market to live up to stringent local content requirements...
...Mongolia. While the Chinese manufacturers are able to sell turbines cheaper than foreign firms, Soares argues they can't match foreign-made equipment in terms of reliability and overall track record. "The Chinese government has decided that they want to develop wind bases, that they want to promote a local industry and that they want to have local suppliers working in those big wind bases," he says. "Then the Chinese government says the foreign companies are so much more expensive than the local companies. If the turbine price is the only selection criteria, then fine. If you take into account...
...Local Boston neighborhoods
...most that journalists have been able to see of the fighting, which is perhaps Pakistan's sternest test against the Pakistani Taliban and their al-Qaeda allies in South Waziristan. Accompanied by the army, a group of local and foreign journalists were taken by helicopter to the fringes of the fighting on Thursday, where they got a rare glimpse of areas that are notorious for being sanctuaries for al-Qaeda and Pakistan's most dangerous terrorists in recent years...