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2009 was a tough year, but Australia rose to the challenge of the global financial crisis. It shows what can be done when we all join together and work together, governments of all persuasions state, territory and local; businesses large and small; unions and local communities right across the nation.
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A strong accountability system needs to broaden, not narrow, the curriculum. That cannot happen if you only have accountability without adequate school funding. Until Tallahassee understands the need to raise the bar as well as the financial investment, Florida will continue to celebrate mediocrity at the expense of true achievement.
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Insurgents have capitalized on popular resentment and anger towards the United States and the Iraqi government to build their own political, financial and military support, and the faith of Iraqi citizens in their new government has been severely undermined.
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Innovation requires resources to invest, and you can see many companies pulling back and going into an intense protective mode in a major extended period of financial distress.
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State and local government, with financial support from the federal government, should offer a program to educate and train foster children for employment and provide them with financial assistance, as needed, until they reach age 21.
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A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms.
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Financial inclusion matters not only because it promotes growth, but because it helps ensure prosperity is widely shared. Access to financial services plays a critical role in lifting people out of poverty, in empowering women, and in helping governments deliver services to their people.
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We think that in Mexico, online trading of shares and financial instruments is not going to be as important as it is in the U.S. On days that there is a banking holiday in the U.S., you hardly see any movement here on the stock exchange.
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Made with Pencils is grounded in the creativity of a few, propelled by the financial support of many, and most importantly, it’s empowering generations to come. A simple idea, a heartfelt desire, and a world of possibility. A pencil, a promise, and a dream.
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But with lots of good ideas, implementation is the key, and so we need to keep our eye on the ball as we go forward and make sure that people honor their pledges in terms of financial commitments, and that we actually use this money so that it makes a real difference.
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