Word: allowances
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...make the transition away from such internships easier, federal funding should subsidize otherwise unpaid positions at non-profits. These organizations often cannot afford to provide their interns with wages, unlike their for-profit counterparts. This funding would allow students of all backgrounds to consider opportunities outside of the profit sector, and most importantly, ensure that high net worth is not a prerequisite for considering public service as a career option...
Last Wednesday, Princeton’s USG launched an “Integrated Course Engine”—referred to as “ICE 2.0”—which will allow users to read course descriptions, access student course reviews, and look at potential classes in a weekly schedule format all on the same site...
...country. In early March, a member of the country's influential Council of Elders, Omurbek Umetaliev, said many of Kyrgyzstan's political troubles have resulted from the fact that the country is host to two military bases - one American, the other Russian. "We believe it is unacceptable to allow the existence on this limited territory of military bases from two leading world powers, which have conflicting positions on many issues of international politics," said Umetaliev, who also heads the opposition Pensioners' Party of Kyrgyzstan. "Although the presence of a Russian military base in Kyrgyzstan is historically justified, the military presence...
...Washington. And on the volatile issue of trade, a grand bargain of sorts now appears to be taking shape: In return for delaying a decision on whether to list China as a "currency manipulator" - long a dream of protectionists in Congress - China is sending signals that it will soon allow its currency, the renminbi, to appreciate. "The Chinese know very well it's in their own interest to allow the RMB to rise a bit," a source close to Treasury in Washington said just before Geithner's surprise Beijing trip. "But they weren't going to be browbeaten into...
...Both politically and economically speaking, this gets it about right. The reason it's in China's economic interest to allow the RMB to rise a bit is plain enough: At a moment when much of the world is still trying to climb out of a disinflationary hole, China's got a burgeoning inflation problem. Prices are rising at about 3% annually now, and it's now got its own real estate bubble to deal with. Cooling things off a bit is clearly the government's priority this year, and a rising currency helps. It makes imports more affordable...