Word: total
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Dates: during 2000-2009
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...sale of a cup of coffee seems like a meaningless thing, but experts report that more than 110 million Americans drink it and total national consumption is more than 300 million cups a day. Part of the reason that so many people pick coffee over other beverages is the health benefits. Medical experts say that modest consumption has physical effects that range from slowing cognitive decline in the elderly to an improvement of the level of serum cholesterol in the blood. But, it is more likely that coffee is attractive because it is a legal stimulant, a drug without...
...looks far worse for Toronto-based Nortel Networks, a key supplier to North American telcos and once the brightest light in the Canadian economy. It was worth $250 billion, or about 35% of the total market capitalization of the Toronto Stock Exchange, before it flamed out in the post-dotcom bust. Earlier this year, Nortel, a company with $10.4 billion in annual revenues that has spent nearly a decade mired in accounting scandals and feckless attempts to reinvent itself, initiated bankruptcy proceedings. It will probably sell its most prized assets to chief rivals, including Nokia Siemens Networks and Avaya...
...into the private sector because they had such a debt burden when they graduated,” says Douglas A. Levine, who graduated from HKS in 2008.Ellwood has focused extensively on increasing financial aid for HKS students, which he said in a February interview had doubled from an annual total of $11 million when his tenure began in 2004 to a projected $21 million this year.But according to Reitz, research conducted by the Dean’s Committee on Public Service found no strong connection between debt load and the sector a HKS student enters upon graduation. She adds that...
...China's hybridized economy appears to be expanding due to the global slump. As Beijing fights recession with a $586 billion stimulus package and as banks boost lending at the behest of the government, the private sector looks to be getting squeezed out. Loans to private firms in January totaled $61.7 billion, down $102.5 million from the previous month, even as total lending has swelled, according to the All China Federation of Industry and Commerce. It isn't just financing that is flowing to SOEs. So are revenues from Beijing's infrastructure-heavy stimulus package. State-owned companies maintain...
...time when credit in China is rapidly expanding -loans in the first quarter totaled $670 billion, almost equaling total lending for all of 2008- the risk of bad loans is increasing. With small and medium-sized private firms collapsing with disturbing frequency, SOEs offer Chinese banks a margin of safety: an implicit guarantee that the government will ultimately make good on their loans. This is making it harder for China's banks to adopt modern risk-management practices and diversify their traditional customer base, which is largely SOEs. "It's difficult to go on a massive spending binge...