Word: world-class
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FOREIGN They're riskier, but consider Israeli stocks--they have been pummeled on fears of Iraqi strikes. World-class Israeli companies like Check Point Software and Comverse would be bargains with a quick peace. Amidex Israel Technology fund is a direct tech play; for more diversification consider First Israel, a diversified closed-end fund traded in the U.S. Another region to consider is Asia, where emerging markets are fairly well insulated from the war. They will benefit quickly from falling oil prices, and they have great growth potential linked to that of the powerful Chinese economy...
Saigal agrees that Harvard teaches a valuable approach to life that is tough to obtain outside of a world-class university. “Harvard provides academic exposure to different strains of thought and social exposure to different cultures and personality types,” he says. “International students who have experienced this are thoroughly enriched and are able to understand the academic, social, political and corporate institutions that prevail around the world, and draw upon these in a manner that suits their country best. The ability to make an informed decision, be it in business...
...decades, the United States has provided foreign students with world-class opportunities in higher education. In some rare occasions, however, our hospitality is abused, as some students return home to put their skills to work for unfriendly foreign governments. A senior official at the Federal Bureau Investigation (FBI), speaking on background last week to The New York Times, confirmed that the Chinese government recruits a handful of students in the U.S. to gather information in disciplines like nuclear physics, in order to strengthen China’s weapons arsenal...
...China's bankers, however, shouldn't take all the blame. Lending institutions are trying to adopt sophisticated credit-analysis techniques to apply to private borrowers, but even if they were world-class financiers, they would have a hard time offering credit to some of China's seat-of-the-pants entrepreneurs. For one thing, the government caps the annual interest rate banks can charge at 6.6%, an amount that barely compensates them for their risk. It also bars them from accepting things like sales contracts or inventory as collateral?even though small companies usually lack hard assets like land...
...felt it was a shame that a world-class school like Harvard...isn’t a first-class or even a second-class [basketball] program,” said his son, Robert H. Lavietes ’71. “I like to think that the 10-5 record today has something to do with that facility...