Word: driving
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...type of funding is less expensive than borrowing from a commercial bank or an NGO. Any student who has taken N. Gregory Mankiw’s course or read his textbook can tell you that if you allow markets to operate freely, new firms will enter the market and drive down profits and prices until supply equals demand. Even in developing countries today, we see that principle in action as new banks are entering the market and offering lower interest rates. If this continues and the operational costs decrease as technology increases, interest rates could fall to levels...
...major oil producer and sells arms to Tehran and Syria (among others) in the Middle East, it presumably would want to avoid the crisis an Israeli strike might bring. For one thing, another big spike in crude oil prices could cripple oil demand in the west, and drive down global prices for the other commodities Russia exports. But so far Moscow has shown no public inclination to support tougher sanctions than those that already exist on Iran. A Russian government spokesman confirmed that Iran would be on the agenda when Bush sees Putin in Beijing - but would say no more...
...Zhao is one unhappy Beijinger. His father needs surgery, but the doctor tells him that all operations have been postponed until after the Olympics. Unable to drive because 90% of vehicles have been banned from the roads, Zhao bicycles slowly home through the August heat; guards at every intersection force him to dismount for security inspections. When he finally does get home, his favorite dish of kidney and beans tastes awful. Because of endless delays caused by inspections of goods transported into the capital, only low-quality food is available at the markets, his wife tells...
...pictures of a drive-in church...
...pictures of a drive-in church...