Word: allowed
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Dates: during 2000-2009
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...Facing such a woeful economic outlook, E.U. monetary-affairs commissioner Joaquin Almunia has struggled to make the case for fiscal rectitude. He insists the pact is flexible enough to allow short-term stimulus programs. "During the recession, the pact is not about sanctions," he said last week. "But in the medium term, we need to continue a process of consolidation of the public finances. The rules were established for everybody and must be respected...
...Little Dutch Boy is running out of fingers. The water that threatens to swamp the international financial system is getting closer to breaching the walls and pouring in. A month ago that seemed inconceivable. Now the odds that the government will have to allow large operations like AIG go into bankruptcy are fairly high. The trouble with that is not what will happen to AIG. As the market found out with the Lehman Brothers bankruptcy, many of the firms that are doing business with a very large financial institution when it becomes insolvent can have transactions worth billions of dollars...
...office in Boston. The new fellowship will provide of financial support for one of two fellows already working in the clinic, who will become the Cooley Cyberlaw Clinic Fellow, according to Malone. The position will also provide closer collaboration with the Cooley firm, which Malone said will allow the clinic to draw on the large firm’s expertise and resources. John G. Palfrey ’94, a Law School professor who formerly oversaw the Clinic, called the fellowship a “major step forward for the study of cyberlaw at Harvard Law School?...
...energy commission's study that might persuade the state's General Assembly to lift the moratorium could still take up to two years to complete. But already in rural Pittsylvania, which has one of the state's highest unemployment rates, debate is fierce. Supporters say new mining technology will allow miners to get the uranium safely, the mine would offer much-needed jobs to 300 people, and the uranium would fuel new reactors and help the nation kick its foreign oil habit. Opponents point out that almost all uranium mining in the United States occurs in arid, sparsely populated places...
...cuts have been challenged by the custodial workers’ union, SEIU 615. However, Harvard notified the organization of the cuts in January, and even postponed the layoffs to allow them more time to adapt. Harvard seems to have taken reasonable steps with the union, making the group’s criticisms seem a little hollow...