Word: outflows
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Dates: during 2000-2009
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...North American to go to Germany to start a high-tech business; usually, the traffic in entrepreneurs goes the other way. Cenix demonstrates how far Germany has come over the past few years as it tries to promote the creation of science-based businesses and stem an outflow of its best minds to the U.S. Max Planck had been a "large, slow-moving beast," says Echeverri, but when the idea for Cenix was born, it was Max Planck that acted as the midwife and pushed Echeverri into becoming an entrepreneur. "Cenix Bioscience would never have come into being were...
Meyer said he did not expect the outflow of Harvard’s fund managers to ebb, and he was not optimistic about plugging the holes...
...from Baa3. And not all the economic news was rosy. Third-quarter balance-of-payment figures revealed that the flow of capital into the country had suddenly reversed. In the second quarter €3.2 billion more had come in than had left. In the third quarter, however, net capital outflow stood at €6.6 billion. Analysts hastily revised predictions that Russia would attract more money than it would lose this year. Why is Russia's business élite sending its money back abroad? Because it's spooked by the government's aggressive investigation - widely viewed as politically motivated...
...became a novelty when you flew into Hong Kong: the supplied blindfold was not for sleeping but for landing. And you only used the earplugs once you landed: these were not for ears but nostrils because the first smell of Hong Kong was of its Kowloon Bay sewage outflow. The first time comedian Bob Hope landed at Kai Tak he asked about the terrible smell. A friend informed him it was sewage. "Yes I know, but what have they done to it?" was his reply...
...perception that Indonesia is a hostile environment for business, foreign direct investment (FDI) has already plunged from its pre-crisis level of $6.2 billion in 1996. Investors seeking low-cost operations are avoiding the country; most are relocating their factories to China. Last year, Indonesia registered a net FDI outflow of $5.9 billion, making it "the only country hit by the Asian financial crisis that still suffers a great capital outflow," says Hans Vriens, managing director of PT APCO Indonesia, a consulting and research firm...