Word: banking
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...declared European issues to be among his main diplomatic priorities, but he has approached them with nationalistic designs. Sarkozy played a central role in getting E.U. leaders to accept a simplified treaty in the place of a new constitution, for example, yet he has continually criticized the European Central Bank - and attacked its president, Jean-Claude Trichet - for not shaping policy to French economic considerations. Similarly, just how good a European was Sarkozy being when he preempted years of effort by Brussels to secure the freedom of Bulgarian medics held by Libya in order to cut a deal...
...benefits. After several years of fruitless talks, this seemed like a major diplomatic victory for the Bush Administration and its partners - Japan, South Korea, Russia and China. But Kim delayed moving on Yongbyon until the North got back more than $20 million that had been frozen in a Macau bank account - funds the U.S. believes were tied to the North's various illicit businesses, like narcotics and arms sales. Only after making sure every penny was returned did the North abide by its agreement to shutter Yongbyon, months later...
...soon after Hill claimed victory, the North upped the ante, as it had in the case of the frozen bank assets. Kim Kae Gwan asserted that in his weekend talks with Hill, the U.S. had agreed to take Pyongyang off its annual list of state sponsors of terrorism. It's a goal the North has long sought, and not just for face-saving reasons: membership on the list, alongside nations such as Iran and Syria, denies North Korea access to economic benefits like low-interest World Bank loans. The February agreement had held out the possibility of such a deal...
...Still, if you're new to foreclosure investing, bank-owned properties are the way to start. "We highly recommend people flip a few REOs first to get their education," says Beitler. Yet even before that, experts say to attend a number of auctions having researched specific houses - dry runs without actual bidding. And keep in mind that you'll be going up against people who do this full-time. "This is a really a hard job," says Munn. "I tell my partner all the time, if it were easy, everyone would do it." That doesn't preclude everyone from wanting...
...Economic Cooperation forum Leaders' Week, which runs from Sept. 2-9, will be giving them a public holiday. It's the biggest event the country has held since the 2000 Olympic Games, involving 20 presidents and prime ministers (plus Hong Kong's Chief Executive), the heads of the World Bank and the World Trade Organization, 4,500 officials, support staff and businessmen, 4,000 police and troops, hundreds of media people, and a throng of protesters...