Word: money
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...total gross for the first five films is a whopping $669 million on a still stingy $35 million cumulative budget. That's the kind of return on investment that encourages a studio to keep grinding 'em out. Moreover, each of the last three entries made more than half its money in foreign markets, where Saw VI isn't going up against the no-budget specter of Paranormal. So gorenography aficionados can probably plan to don their goggles and their protective butchers, aprons next October...
...During the boom years, banks lent vast sums of money to developers as property fever gripped the newly wealthy nation. But when the bubble burst with the global meltdown last year, these unpaid loans left huge holes in the banks' books and the liberal lending of the Celtic Tiger era came to an abrupt halt. To steady the ship, the government placed a blanket guarantee on deposits in six Irish banks last September. At the time, according to Finance Minister Brian Lenihan, it was "the cheapest bailout in the world." But that claim soon came back to haunt...
...government is set to formalize a highly controversial bailout plan in which a National Asset Management Agency (NAMA) would be created to remove the unpaid, property-linked debts from the banks' balance sheets. If approved by Parliament, which appears increasingly likely, NAMA would spend some $81 billion of taxpayer money to buy loans worth an estimated $70.5 billion at current market value. The so-called bad bank, as NAMA is sometimes called, will then manage the loans on behalf of the state for the next decade, by which time, the government assumes, the country's property market will have recovered...
...billion for agriculture. "Since 2007, we have seen greater attention from world leaders on food security, in developed and developing countries alike," says Kostas Stamoulis, director of agricultural-development economics at the Food and Agriculture Organization (FAO) in Rome. The resources being committed to farming "is putting-your-money-where-your-mouth-is kind of money...
...between the launch of India's market reforms in 1991 and 2004, agriculture slumped along at just 2.9%. Indian farming had also become miserably inefficient. Each hectare of cultivated land in India produces half that grown in Thailand. "The government thought that after liberalization, agriculture would grow automatically, that money would go from industry" to the farms, says Shreenivas Khandewale, director of the R.S. Ruikar Institute of Labor and Socio-Cultural Studies in Nagpur. "But it didn't come...