Word: perlis
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...common stockholders can say goodbye to their dividend, which was 16 cents last quarter. To make sure the government's money - i.e., the taxpayer's money - isn't simply passing through the company and into other hands, the deal prohibits Citi from paying dividends of more than a penny per share for three years without approval from Treasury, the FDIC and the Federal Reserve. If Citi goes out and raises more money on its own through a common stock offering, there's a greater chance the government will allow for a larger dividend to be paid. That would be nice...
...result of earlier screening and better treatments. But this year's Annual Report to the Nation on the Status of Cancer marks the first concurrent decline in incidence, or the rate of new cancer diagnoses. For both American men and women, the incidence of all cancers combined decreased 0.8% per year from 1999 through 2005. That overall decline was largely driven by men, however: cancer incidence dropped 1.8% per year from 2001 through 2005 for men but just 0.6% per year from 1998 through 2005 for women...
Over roughly the same time period, death rates from all cancers fell in both sexes: 1.8% per year on average from 2002 through 2005. Again, the decline was slightly steeper in men, whose cancer death rate fell 2% a year from 2001 through 2005; in women, the death rate dropped 1.6% per year from 2002 through...
...with empty stomachs and untreated infections. In Cape Verde, an African island nation, live about 460,000 people. There are about 500,000 Cape Verdeans overseas, including a very large contingent in Boston. With the help of remittances sent back home from workers abroad, Cape Verde has doubled its per capita income since 1990—the sums amount to about 12 percent of GDP. In fact, Cape Verde migrants elect their own representatives to the National Assembly. Cape Verde has become a state beyond borders, and this is all the better for Cape Verdeans. If we start to increase...
...ability of the government to engineer major changes in the economy is particularly important today, considering many of the problems China faces were directly created by Beijing. Deeply concerned about an economy growing at a blistering 11% or more per year and a spiking inflation rate, the state set out to cool things down last year. That meant introducing new, tougher labor laws and other measures designed to shut down lower value-added production of goods like toys and garments, precisely the area where now, months later, hundreds of thousands of migrant workers are losing jobs. In the early...