Word: owed
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Look, we let those Iraqis have an election! Surely we’re bringing freedom and democracy to the Middle East. So intones the neoconservative. Well, we owe it to the Iraqi people to stay there “until the job is done.” Such is the liberal line. Yet beyond the pundits, the politicians and certain Ivy League circles, a majority of both Americans and Iraqis now share a more sensible opinion: The time has come to end the occupation...
...other words, China's growing urgency to buy overseas assets (recent high-profile deals include Beijing-based computer maker Lenovo's purchase of IBM's PC business) in some cases may owe as much to government diktat as it does to sound business strategy. Managers of state-owned enterprises, in particular, answer first to Beijing for reasons that may have little to do with profit and loss. During the first 11 months of 2004, Chinese companies invested $1.8 billion abroad; 90% was by state firms...
...they are charging more for what they deliver. The resulting debt is a major factor in keeping twixters from moving on and growing up. Thirty years ago, most financial aid came in the form of grants, but now the emphasis is on lending, not on giving. Recent college graduates owe 85% more in student loans than their counterparts of a decade ago, according to the Center for Economic and Policy Research. In TIME's poll, 66% of those surveyed owed more than $10,000 when they graduated, and 5% owed more than $100,000. (And this says nothing about...
...many, the West has a lot of explaining to do. It’s true that many who work in the resort and service industries in the developing world owe their livelihoods to western tourists, callers and customers. However, a massive number of people in the areas devastated by last month’s tsunami, live on dollars—or less—a day providing goods and services taken for granted by their users in and from the rich West. It is this group of poorly paid workers, who live in, albeit measured by western standards, abject poverty...
...Aqsa Brigades have much faith in Abbas, nor are they being na?1/2ve. Like much of the Palestinian electorate, they simply see him as an "acceptable" if uninspiring choice, one who represents the only chance at this stage of restoring a peace process, and one whom, once elected, will owe a substantial political debt to the Martyr's Brigade and the broader militant Fatah rank and file of which they form part. That's because it was the militants who cajoled the imprisoned popular Fatah militant Marwan Barghouti into withdrawing from the race and throwing his support behind Abbas. Barghouti...