Word: loan
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
PARKER: Maybe. The government loan guarantees were necessary immediately after 9/11, when the capital markets were closed to airlines. But the government kept that process open too long and didn't look critically enough at some airlines' business plans...
Recruited through specialized mailings and a website, parents from Cambridge and the neighboring townships loan their children (from newborns to four-year-olds) to the Spelke/Carey baby labs. There, graduates run coding studies on appointed toddlers most of the week. In return, the parents have a choice between a $5 payment, a sippy cup, t-shirt or plush...
...before Uganda became the first country to have its debt burden eased under a World Bank?administered initiative, classrooms like Kansiime's were half empty. Parents couldn't afford the $40-$50 annual tuition. Then the World Bank program, called the Heavily Indebted Poor Countries initiative, reduced Uganda's loan payments on the condition that the savings be channeled into health care, agricultural development and free primary education. Over the past few years, debt relief has been touted by everyone from Irish rock star Bono to boxing champ Muhammad Ali as one of the best ways to help lift...
...debt relief alone won't make it happen. In Uganda's case, debt relief was accompanied by a surge in aid, which funds nearly half the country's $2 billion annual budget. This year, Uganda received $760 million in foreign grants, more than eight times the savings from reduced loan repayments. "Debt relief catalyzed donors to increase their spending," says Keith Muhakanizi, director of economic affairs at the Ugandan Ministry of Finance. Still, Uganda's needs far outstrip its ability to pay. In the past four years, the country has borrowed $1.5 billion to build schools, clinics and roads. Total...
...that have saved the hospital money, officials say. On its website, Phoebe notes that it spends $46.6 million on charity care, and officials stress that patients are informed by hospital signs and other means that they may be eligible for free or discounted care. CEO Wernick, who repaid the loan, calls the class action against Phoebe frivolous. It implies hospitals "are indifferent to the plight of the uninsured," Wernick continues. "That's just not the case...