Word: allowances
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...abruptly stopped this week, Merkel went into action to try to keep the political conflict between Russia and Ukraine from escalating and to ensure the long-term security of gas supplies. She called Russian Prime Minister Vladimir Putin and his Ukranian counterpart Yulia Tymoshenko on Wednesday, persuading them to allow European experts to help resolve the conflict...
This latter practice is now under intense scrutiny. Several big banking firms have announced that their top dogs will get no bonuses this year and that their future compensation will be structured to allow clawbacks of gains from bets that turn bad. It's not yet a sea change, though...
...total, Bush has protected an oceanic area larger than Texas, a rare act worthy of praise in an administration with a dismal record of environmental stewardship—from refusing to sign the Kyoto Protocol to recently pushing through midnight regulations that allow coal-power plants to be built nearer to national parks. While it may be true that Bush “has done more to protect unique areas of the world’s oceans than any other person in history” as Joshua Reichert, managing director of the Pew Environmental Group, told the New York Times...
...Meanwhile, Israeli Prime Minister Ehud Olmert said he would allow the opening of a "humanitarian corridor" to bring supplies to the besieged 1.5 million Gazans trapped by the conflict and called for all fighting to be suspended for three hours on a daily basis to allow residents to stock up on necessities. "While we welcome the humanitarian corridor," says Gunness, the UNRWA spokesman, "this cannot compromise the need for an immediate cease-fire...
...left nearly 700 Palestinians dead may be near. Although details remain hazy about the Franco-Egyptian peace proposal that's serving as the basis of a possible truce, the initiative appears to have helped inspire Wednesday's minor miracle of a three-hour cease-fire in Gaza to allow aid workers access to what is being described as a humanitarian calamity there...