Word: tradings
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Iskenderian:The impact on the poor, including the clients of our network, has probably been most evident in rising food and energy prices, which have meant that families may face trade-offs like the choice between paying back their loans or putting dinner on the table for their families. Microfinance doesn't target the poorest of the poor, as they need other types of intervention. It targets the economically active poor at the bottom of the pyramid. There are signs that micro-entrepreneurs will see higher interest rates, since the global credit crunch will likely require MFIs to raise interest...
...dressed families toting digital cameras came to the rally in waves of taxis. Venerable Parsi patricians, their spouses supported by maids, strolled down the old Strand Road flying mini-Indian flags. Outside the Cafe Leopold, a 19th century bar that was hit by the terrorists, there was a roaring trade in "I 'heart' Mumbai" T-shirts. Each cost 100 rupees, more than what many Indians earn in a day. (See pictures of the days of terror in Mumbai...
...both Sarkozy and his predecessor Jacques Chirac have demonstrated a willingness to bend on diplomatic, political, and human rights conflicts in order to protect trade, says Brisset. Things have grown worse since China's suppression of riots in Tibet in March, which prompted Sarkozy to call on Beijing to "end the violence" there. Sarkozy suggested he might boycott the opening ceremony of the Beijing Olympics, a course of action taken by both Brown and Merkel. But after French companies in China weathered months of protests and boycotts by infuriated Chinese nationalists Sarkozy turned up at the Games opener claiming that...
Brisset says China is now exploiting recent history to use France as a wedge with which to divide Europe, export-dependent China's second largest trading partner. "China faces real trouble on human rights, trade, the ecology, and how it has managed the economic and financial crisis, and it doesn't want further problems from Europe," Brisset says, noting that the E.U. recently introduced new tariffs on Chinese goods. "If Sarkozy recognizes China is attacking France to divide Europe, and insists the E.U. come up with a firm collective stand to replace weak bilateral accords, this could be an opportunity...
...India can slap back at its troublesome neighbor is a question with no easy answer. Recent months have seen a significant thawing in ties between the two nations, with trade expanding across the heavily militarized Kashmir border. Pakistani President Asif Zardari has made pronounced gestures of friendship, some of which have put him in hot water with his own people - such as his statement earlier this year that he did not consider India, with whom Pakistan has fought three bitter wars since 1947, a threat to its western neighbor...