Word: socialism
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...social-networking usage: "Facebook is the most common, with nearly everyone with an Internet connection registered and visiting >4 times a week. Facebook is popular, as one can interact with friends on a wide scale. On the other hand, teenagers do not use Twitter. Most have signed up to the service, but then just leave it as they release [sic] that they are not going to update...
...sense. They are clearly getting some buzz, there's a novelty effect. At a time when everybody is going to be competing around November to get attention, this is a good opportunity to potentially get in front of the line." Blackshaw, who monitors how brands are perceived in the social-networking sphere, says the Christmas marketing has gotten positive feedback on Twitter. (See 10 ways Twitter will change American business...
...arrive by ekspress in Belaga on a sweltering Monday afternoon. The fellow passengers offer a fair representative slice of the Rajang's recent social history: an itinerant Malay dentist who'll pull that blackened molar for $3; Hokkien merchants whose families came from Singapore in the 1870s as traders, glued to the John Woo DVD playing onboard; and longhouse dwellers. Some of the latter are older, with distended earlobes and inked skin, but most are young couples returning from market hubs like Kapit, where Charles Brooke, the second White Rajah of Sarawak, built a fort (still standing...
...around the traditional banking system altogether by borrowing from other businesspeople or even loan sharks. This sort of informal banking, which has a long history in China, has become more popular as the economy slows, says Du Xiaoshan, deputy director of Rural Development Institute at the Chinese Academy of Social Sciences. "It's hard for small and rural businesses to get bank loans, so there's generally more informal lending happening," says Du. (Read "The Argument Over China's Economic Prospects Intensifies...
...says Spelich. "Lending to a company that has maybe five employees is not an intuitive thing." Banks consider small businesses poor loan candidates because they have shorter life cycles, often keep spotty financial records and lack significant property or other forms of collateral, says Du, the Chinese Academy of Social Sciences deputy director. Lending to a state-owned enterprise comes with at least the tacit understanding that the government will guarantee the loan, or at least ensure the company doesn't suddenly fold...