Notable Quotes

I DON’T see anything wrong with what we do. There are also other schools that rent out halls, buses, sport fields and so on. Why not us? – Herman Rust, the principal of Academia Secondary School in Windhoek, on the school renting out its premises to a car dealer, a driving school and a company producing furniture.

THE process has already started. We will deduct [money] according to the number of days a teacher was absent during the strike and according to their salaries. – Faustina Caley, the Otjozondupa regional director, on how the illegal strike last November will cost the teachers who participated.

THIS will create uncertainty for investors, making it more difficult for banks to raise capital, which will ultimately mean that banks will have less money to lend to businesses. – Anthony Browne, chief executive of the British Bankers’ Association, on British banks being forced to break up if they fail to ring fence their retail and investment arms, under new draft legislation announced yesterday.

From the History Books
HEROES may not be braver than anyone else. They’re just braver five minutes longer. – Ronald Wilson Reagan (February 6 1911 – June 5 2004) was the 40th president of the United States of America. During his presidency, he implemented sweeping new political and economic initiatives. His supply-side economic policies, dubbed “Reaganomics”, advocated reducing tax rates to spur economic growth, controlling the money supply to reduce inflation, deregulation of the economy, and reducing government spending. He also survived an assassination attempt in his first term.

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