Word: saling
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Dates: during 2000-2009
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...from many of the world's largest banks these days, big profits seem out of fashion. On Tuesday alone, Deutsche Bank announced its first quarterly loss in five years, while HBOS, the U.K.'s biggest mortgage lender, said it would replenish its depleted coffers with an $8 billion share sale. Both firms announced billions of dollars of fresh write-downs...
...rough-and-tumble of emerging market politics can pose risks for firms like Telenor. Thailand, Pakistan and Bangladesh have all experienced political turmoil in recent years, but that has posed less trouble than unexpected tax increases. Operators were forced to subsidize a 2005 levy imposed on the sale of SIM cards in Bangladesh, for instance. And in Grameenphone's case, work with its local partner hasn't always been straightforward for Telenor. The Norwegian firm owns 62% of Grameenphone, with Grameen Telecom - part of the bank founded by Bangladeshi Nobel Peace Prize winner Muhammad Yunus - owning the rest. Yunus claims...
...have largely destroyed the nomadic herding cultures that created these wonderful rugs. And although the Antiques Roadshow hasn't shown up in Damascus yet, the heavy hand of globalization has almost finished scouring the souks of Syria for all that is old and good, and shipped it off for sale in antiseptic showrooms in London, New York, and Dubai. The rugs offered to you in the souks of the Middle East are almost certainly the best you will ever see, artifacts from a time when humans made things of meaning and value. Why not salvage them? On the other hand...
Carbon for Sale...
...green jobs that cap and trade could help create would be a big employment sector--including production of wind turbines, pollution scrubbers and more. Obama and Clinton talk about spending $150 billion over 10 years to create millions of those jobs, but it's the sale of pollution allowances that would raise that money. No cap and trade, no jobs. That seems simple--but not to the campaigns...