Word: repayable
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...property taxes. As property taxes in the city continue to rise, politicians have attacked Harvard in a populist bid to calm residents. But while it is true that Harvard’s tax exempt status saves the University millions of dollars a year, Harvard should not feel obligated to repay a debt that it does...
...that rotates credit to all participants, who use the cash for anything from weddings to starting small businesses. Huis loosely resemble microfinance schemes of the kind made famous by the Grameen Bank in Bangladesh, and millions of people participate in Zhejiang and neighboring Fujian province. Because the pressure to repay derives from social networks that are as strong as rebar in Confucian China, borrowers rarely default. In the past, Xu has used his hui money to invest in a relative's clothing store and to redecorate his $12-per-night...
...times more from friends at higher rates. The cornerstones of such informal lending are relationships far stronger than Wu's connections to the bank. "If the bank repossesses my home, I'll have nowhere to live but I can still do business," he says. "But if I fail to repay my friends, I'll never do business in this town again...
Call it Tony Blair's fondest dream - the hope that George W. Bush will repay the British Prime Minister's loyalty by throwing America's weight behind the search for Israeli-Palestinian peace. A grand gesture, such as the appointment of a special envoy, would help Blair at home, where the biggest obstacle to re-election next year isn't his moribund Conservative opposition but his own party's scorn for his unswerving allegiance to Bush's agenda. The gesture would also help rehabilitate Blair in Europe, where his basic argument - that by staying close to Bush he boosts...
...organizations which perennially promise to electrify young people with the wonder of the ballot box finally delivered, America might finally have paid attention to the interests of younger votes, such as the future of higher education and the national debt which older Americans will never live to repay. One can even fantasize that the youth would finally have meaningfully engaged in politics, preparing them to be the better citizens of tomorrow. Indeed, given that the 18-30 demographic seems to have favored Kerry to Bush 55 percent to 45 percent, younger voters could have swung the election merely by turning...