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He needs loans to continue his education.
Brazil, meanwhile, neither needs loans from American-dominated global financial institutions, nor is it otherwise beholden to the country.
It may also be inconsistent with America's toxic-asset plan, which needs loans and securities to be carried at market-clearing prices to work.
Doing so could spur the willingness of private investors to lend, Professor Klenow said, but it might not help small businesses, the sector of the economy that needs loans the most.
The Americans at Citigroup now will have access to a huge market that needs loans -- money for homes and small businesses that middle-class and poor people in Mexico rarely have received from their banks.
"The automotive industry needs loans at a reasonable price for our customers, but this is not happening," a spokeswoman for Renault told Forbes.
Similar(54)
Poor families need loans to get over unexpected events, perhaps when a washing machine breaks.
You don't need loans if you're related to the President's wife.
The industry messed up horribly, but people still need loans and somewhere to park their savings.
Perhaps more important, it means that it costs his customers more when they need loans to buy a truck.
The aid package foresees draconian cutbacks and tax increases in return for up to €86bn of urgently needed loans.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com