Word: pensioners
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...reign atop a fractious nine-party coalition has been an example of Italy's endemic political paralysis. Prodi has been busy trying to fend off - and recover from - a half-dozen near-crises since taking office 20 months ago, rather than focus on much-needed reforms to the pension and justice systems. Meanwhile, state air carrier Alitalia bleeds money, and its hoped-for merger with Air France-KLM may now be put back on hold as the political class focuses on fighting among itself...
...squad or a Sunni suicide bombing. Talking about the horrific violence that has gripped Iraq in the past four and a half years - and the decades before that - and bringing those responsible to justice, would be a more meaningful step towards peace and justice than a paycheck or a pension. With reporting by Mark Kukis and Mazin Ezzat/Baghdad
...other words, the U.S. wants the new kids on the block to be more like Norway. Oslo's Government Pension Fund-Global, which invests up to 60% of its $353 billion in equities, has money in 3,500 companies around the world, including Google and General Electric. But it owns no more than 1.5% of any single one, and it spells out all its investments in an annual report...
...course of duty, Inspector Chen has tackled political corruption (Death of a Red Heroine, 2000) and human trafficking (A Loyal Character Dancer, 2002). Qiu's 2006 mystery, A Case of Two Cities, was a virtual blueprint for the pension scandal that roiled Shanghai's highest political aeries last year and led to the resignation of the city's Communist Party chief. "A cop walks around and knocks on people's doors, asks questions," Qiu says. "It's become a convenient way to write about things I want to explore...
...transfers the profits gained from one investor to another. As long as someone is willing to invest in a given company, no divestment will have any effect. Therefore, divestment campaigns only hurt the investors they go after, such as Harvard’s endowment or Cambridge’s pension fund, and cannot cause real change. This conclusion is backed up by empirical studies. An August study from the Center for Retirement Research at Boston College surveyed the academic literature and found that such “social investing” has no effect on the stock prices of targeted...