Word: interests
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...know a household's capacity to repay. That's the kind of old-fashioned banking that some people feel was absent in this latest round of banking disasters. At the same time, we are seeing many microfinance institutions (MFIs) scaling back expansion plans and, in some cases, raising interest rates as a result of the credit-spread increase and the rising cost of borrowing. Certainly, no one is taking their existing funding relationships for granted. My concern is that we have only begun to see the effect of the triple threat of finance, fuel and food issues on microfinance...
...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 rates as funding becomes more scarce. I am particularly concerned about the ramifications for women since, for many poor women around the world who are otherwise excluded from formal financial systems, access to microfinance is their only...
...convictions and corruption cases against former Prime Minister Thaksin Shinawatra. Somchai is Thaksin's brother-in-law, and Thaksin is widely believed to be the real power behind the party. The former prime minister is living in exile, having fled a two-year jail sentence on a conflict of interest conviction...
Luxuria's participation had already ensured record high ratings for the 10-week-long show. Interest centered not only on how a communist politician would interact with two-bit stars and showgirls, but curiosity about what Luxuria would look like without her makeup. (See pictures of Milan's 2008 fashion week...
Such antics are routinely broadcast into millions of Italian homes, many of them tuned to the three biggest private stations, which are owned by Berlusconi himself. For years Italians have debated the potential conflict of interest involved in the prime minister owning so much of Italy's media. But questioning his current influence might miss the point. Berlusconi's most lasting influence might well have been made before he entered politics: namely, the transformation of Italian television from a gray source of information and family programming into a feast of commercial, and often trashy, entertainment. Isola dei Famosi is broadcast...