Word: recente
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...there might not be enough lending to go around. Part of that has to do with many small banks' capital constraints - money they would lend is still tied up in those real estate loans. Just as important, though, other places business owners have looked to for funding in recent years, like home-equity loans and credit lines from nonbank finance companies like CIT, aren't likely to bounce back to their former glory anytime soon...
...corporate battle has broken out across the Atlantic in Europe. Call it the "Low-Fare Airline Wars." The dueling companies, Ryanair and easyJet, have always had an intense rivalry, but in recent weeks, the backbiting between the bargain-basement airlines has gotten ugly - and personal. The fighting began when Ryanair launched an ad earlier this year accusing London-based easyJet of trying to hide its on-time flight statistics and depicting the airline's founder, Stelios Haji-Ioannou, with an elongated Pinocchio nose. The Greek-born tycoon was not amused. In a statement last month, he lashed out at Ryanair...
...bare-bones service and exorbitant add-on fees. The numbers suggest that travelers have been happy enough to continue flying with them - their annual passenger load has increased dramatically from a combined 13 million customers in 2000 to more than 100 million today. But passenger complaints have spiked in recent years, too. Since 2005, Ryanair's complaints have increased by 70% and easyJet's are up by a third, according to a report released earlier this month by the London-based Air Transport Users' Council (AUC). Ryanair, in particular, has been derided for its penny-pinching ways - O'Leary even...
...Israel and run internally by the militant Islamist group Hamas, is hardly Mexico. But North Sinai's significance in the broader scheme of Egyptian national security is huge. Egypt fears spillover from Gaza's internal crises and has warned of foreign-terrorist infiltration via the tunnels. Asked about a recent protest outside a state security center by several dozen Bedouin women who were demanding trials or release for their loved ones, the governor only chuckled and said, "You are a journalist or you are from the human rights [organizations]?" (See "Egypt's New Challenge: Sinai's Restive Bedouins...
...though Mwafi is unsure of their exact percentage of the population. The Bedouin in Sinai are Egyptian and have been for as long as Sinai has been Egyptian - but that hasn't quieted a modern history fraught with tension and mutual distrust. Cairo has received sharp local criticism in recent months for its construction of a new subterranean barrier along Egypt's Gaza border, meant to cut off smuggling. Analysts say the heightened crackdown on the lucrative underground trade, coupled with years of harsh treatment and sweeping arrests by security forces after terrorist attacks on Sinai beach resorts...