Word: stayed
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...recognition that lending alone is not the solution if our end goal is long-term poverty alleviation, which is why we in the industry no longer talk about microcredit, but microfinance. Many entrepreneurs in the developing world are only one seemingly minor catastrophe - like a hospital stay - away from financial disaster, so housing loans and insurance and savings products help create and preserve assets, leading to broader benefits for the economy as a whole. I can't tell you how many times I've heard women clients in our network ask, "Why can't I save for my child...
...described the family as unfailingly generous people who were equally willing to provide spiritual guidance as they were to aid a traveler who had lost a passport, missed a flight, or just needed a meal or a place to stay. “They were there to serve,” he said...
...Baby made living in the city one day "something I had to do," he says. "Looking at New York in that way, so beautiful and so kind of surreal?Bangkok doesn't look like that. Any other city doesn't look like New York." Panichgul's initial plan to stay just five years was up about six years ago. "I love that in a big city, you can still hide," he says. "It constantly evolves, so there is always a sense of discovery." Below, a few of his favorite finds...
...Meanwhile, the European Investment Bank is set to pledge $2.5 billion to help the continent's auto industry develop more environmentally friendly cars, according to Reuters. That support could help struggling companies stay in the race to bring greener vehicles to market during a global economic downturn. Fiat CEO Sergio Marchionne summed up the situation in simple terms: "Either [aid] is for everyone...
...latest humiliation comes with Beijing's decision to boycott the 11th annual China-European Union summit, which has been scheduled to open in Lyon today. China stunned E.U. officials last week by announcing that its delegation of more than 150 political and business leaders would stay at home because, in the words of China's Foreign Ministry spokesman Qin Gang, "the summit cannot be held in a sound atmosphere, nor can it achieve expected goals." The reason? The French President's plan to meet with Tibetan spiritual leader Dalai Lama on December 6 as part of an event honoring fellow...