Word: aims
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This correction process--in which both homeowners and lenders eat losses on their investments--can't be stopped entirely. It shouldn't be stopped, and going forward, a major priority for regulators will be averting such lending binges--as new, tougher mortgage rules from the Federal Reserve aim to do. But at the same time, many on Wall Street and in Washington fear that the correction could careen into an economic cataclysm. That's why the Fed has intervened at the top of the financial food chain by cutting interest rates and bankrolling a shotgun takeover of the investment bank...
...Publica responded that its aim is to maximize each story's impact, which will involve hooking up with big name outlets. The group's purpose - as corny as it sounds - is to produce those increasingly rare stories that possess "moral force," according to editor-in-chief Paul Steiger, who spent 16 years as managing editor of the Wall Street Journal. "We're going to try to do stories such that, by shining a light on an abuse of power, we'll give the public the information it needs to effect change," he says. Such statements make Steiger sound like...
...with diplomatic, but with military-technical methods" if the shield is ever deployed, the Russian Foreign Ministry said in a statement. The tracking radar slated to move to the Czech Republic would be linked to 10 interceptor missiles Washington hopes to base in Poland. Russia has threatened to re-aim its missiles at those sites if the system is built...
...with diplomatic, but with military-technical methods" if the shield is ever deployed, the Russian Foreign Ministry said in a statement. The tracking radar slated to move to the Czech Republic would be linked to 10 interceptor missiles Washington hopes to base in Poland. Russia has threatened to re-aim its missiles at those sites if the system is built...
...story building in Beijing is one of the few places in China where you'll hear people speak fondly of Japan. Inside are the offices of the Sino-Japan Friendship Center for Environmental Protection, where experts study how Japan became one of the world's greenest countries, with the aim of applying those lessons and methods to China. "Japan, on an international level, is a responsible country," says the center's vice director, Xia Guang. "We recognize that Japan's work promoting environmental protection in China has real seriousness, and we thank the government and people of Japan...