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That is because people with 30-year debt face much bigger interest payments over the life of their loans and thus have a greater incentive to refinance.
This week China National Petroleum Corporation and CNOOC, another oil firm, were reported to have bid at least $17 billion for the 84% stake in YPF, Argentina's biggest oil company, held by Spain's Repsol.It is not just China that is taking a much bigger interest in Latin America.
When this circular model is up and running, we have a much bigger interest in not just selling a product but seeing what happens with it and that the consumer takes care of it," Torbjorn Lööf, the chief executive of Inter Ikea, which owns the Ikea brand, told the Financial Times.
This year we already have a much bigger interest, and deadline for preschool enrollment is met by parents".
"This year, there is already a much bigger interest and parents are enrolling children in line with the deadlines," he said.
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But the announcement may begin to awake Washington to the fact that the United States has much bigger interests in Asia than handing out punishments for actions a decade or more ago.
He implied the figure could in fact be much bigger when interest payments were also taken into account.
"I believe that after one year that would be much more, bigger interest towards us, but at the moment this interest is just emerging.
But if our new model is to limit our major involvement to the opening phases of war, then the responsibility for solving these regional problems would fall to regional organizations with much bigger vested interests in the outcome than the United States.
"It started out as an art gallery, but found out a much bigger constituency was interested in the science of holograms, so it tried to be both things".
His strategic vision aimed at providing room and time for common development, which would in turn make the pie much bigger for common interests.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com