Word: resultants
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...over the next 10 years for NAMA to return a profit on its initial expenditure. But predicting what's around the corner is never easy - as Ireland knows only too well. According to NAMA's draft business plan, a "prolonged property market depression" or "sluggish economic growth" could result in the failure of the scheme. Despite the risks, proponents say it's the only way to ensure that Ireland's banks start lending again. But for residents bearing the brunt of the country's economic slump, NAMA is little more than an inflated bailout for the gambling debts of developers...
...terror operations—keeping troop levels constant and instead using target bombs and drones to prevent al-Qaeda from fully reconstituting—or counter insurgency, which is what we did in Iraq and involves a far greater investment in troops, time, and money but might one day result in a stable Afghan state...
...revamped its electricity markets so that utilities could make more money by helping their customers use less power. It also began enacting groundbreaking efficiency standards for buildings, appliances, pool heaters and almost anything else that needs juice. It just proposed the first standards for flat-screen TVs. As a result, per capita energy use has remained stable in California while soaring 50% nationwide, saving Californians an estimated $56 billion and avoiding the need for 24 new gas-fired power plants. On the supply side, the state has required utilities to provide one-fifth of their power from renewables...
...large state-owned construction firms. Similarly, the lending spree was primarily directed at state-owned enterprises that offer banks an implicit guarantee that the government will cover outstanding debts. The downturn in exports mainly hurt small- and medium-sized firms in the south, which are usually private owned. The result is that while profits are climbing for large, state-owned firms, the private sector is lagging. "The biggest challenge for the authorities is that the private sector has yet to fully recover. This makes it difficult to tighten early," Ben Simpfendorfer, a Hong Kong-based China economist for RBS, wrote...
...that outburst seemed to those who know and love Maradona as just another instance of typical bravado, it could backfire badly. The barrage of insults he hurled at journalists was televised, prompting world soccer's governing body FIFA to open an inquiry that could result in him being suspended from coaching the team for up to five games - potentially a death blow to Maradona's hopes of keeping his job for the World...