MY BIZ: Finance Ministry may back RBI’s ‘moral’ rescue route
The billionaire Google co-founder was recently revealed as the person funding a project by Dutch scientists to create synthetic meat from muscle stem cells taken out of cows. Brin has backed the experiment with 250,000 euros, or $330,000, according to the Guardian . A YouTube video explaining the project shows Brin saying that he is concerned with what will happen to the world as the population balloons in the coming decades and with it the demand for meat as well as the problems that can come with mass meat production. Also PHOTOS: Google Street View from 22,000 feet Brin said one solution is to create meat synthetically. “It’s really just proof of concept right now, we’re trying to create the first cultured beef hamburger,” he said in the video.
This money has tendency to flow out at short notice. The moral suasion approach has also gained ground as RBI is opposed to issuing sovereign bonds as it feels that the cost of such an issue would outweigh the benefits. RBI governor D. Subbarao had said that he had reservations about the sovereign bond issue as it would compromise the country’s financial stability.
Finance Committee Hold Public Hearing on Proposed Merrimack Valley Casino
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Fifth Street Finance Corp. Declares Monthly Dividends of 9.58 Cents Per Share
That’s alot of work for Tewksbury electricians,” Antonelli said. Several residents voiced concerns about increased traffic in the area of the proposed facility,near theInterstate 495/Route 133 interchange Alex Stolyar, Vice President of Corporate Development for Penn National, said the companyhad found in its other locations that their facilities’ peak hours did not conflict with rush hour traffic. “Our peak times are post dinner times on Friday andSaturday nights, after7 p.m.on Friday and Saturday,” Stolyar said.”Normally we find it works well. It does not compete with existing rush hour times.” Stolyar also noted Penn National would be paying for any mitigation that a traffic impact study reveals asnecessary in the area. When asked if Penn National was concerned at all about over saturation of the market for casinos with other proposed casinos in the area, Stolyar said the company had factored that consideration into their revenue projections. “We believe New Hampshire will legalize gaming right across the border and our projections take that into account,” Stolyar said.”Our commitment to the town is not based upon ourperformance, the host communityagreement guarantees a $200 million investment.
Multimedia: Who is Zimbabwe’s next Finance minister?
Some of these measures include mobilising $120 million to pay IMF and save Zimbabwe from expulsion. Mugabe has supported Gono in his fight against Zanu PF hawks over the implementation of the indigenisation policy. Gono has been insisting that the one-size-fits-all approach does not apply to the banking sector. In the midst of attack from Zanu PF politicians, Gono found refuge in Mugabe.