Word: profits
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...deal will be "beneficial for all of us," Prime Minister Helen Clark told New Zealanders last week, though her careful phrasing suggested the benefits might fall short of early hopes: "I am confident that we got the very best deal we could." Dairy and timber exporters are expected to profit most, but manufacturers like white-goods maker Fisher & Paykel and fashion house Icebreaker also stand to gain from easier access to China's low-cost factories as well as to its fast-growing middle class. The projected $300 million annual income boost from the free-trade agreement "is obviously worth...
...Terrien ’11. “She is very important in female politics.” Vike-Freiberga will meet with multiple student groups, in particular the Woodbridge Society, Terrien said. White is head of the Foundation for Relief and Reconciliation in the Middle East, a non-profit organization that works with religious and political leaders and provides humanitarian relief to impoverished areas in the Middle East. In addition, White is vicar of St. George’s Church in Baghdad, the only Anglican church in Iraq. Calling White “a real hero...
There is real reason for excitement. Much to the surprise of technology analysts, Africa is the fastest-growing mobile phone market on the planet and Safaricom has profited handsomely by catering to customers who don't have a lot to spend. In 2007, the company's pre-tax profit was $370 million, making it what was believed to be the most successful company in the continent outside South Africa. The more stunning figure is its subscriber base - which grew from less than 20,000 in 2000 to about 10 million today, upending the conventional wisdom that sub-Saharan Africans, especially...
About 35% of the shares will be up for sale to investors abroad, making some Kenyans grumble that rich foreigners - or rich Kenyans with foreign bank accounts - would profit off the sale. "It's just another advantage to the rich, who will keep their millions and millions," says David Mutua, 27, a security guard. Still, the IPO was so popular among ordinary Kenyans that even opposition leader Raila Odinga, who narrowly lost a disputed presidential election to incumbent Mwai Kibaki in December, had to dial back his distaste for the offering. Once he realized that the sale would go ahead...
...vision is worse than a fanciful environmentalist dream; it is also a way to lay blame in the lap of others. Unsurprisingly, Jensen’s favorite bête noire is “the corporations.” In his world, corporations aren’t just hapless profit-making machines linked up to an established social structure; they stand in for Satan’s armies committed to evil for evil’s sake. He talks convincingly of the futility of acting through government, but ruins the point with an unremitting focus on the extremes...