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Word: averting (lookup in dictionary) (lookup stats)
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...next day. Still, Sarkozy and his fellow E.U. leaders also made it clear that it may now be too late to do much else but limit the extent of the damage in the current drama and await new global rules on finance and business ethics to be set to avert future calamities...

Author: /time Magazine | Title: Europe Scrambles as the Credit Crisis Goes Global | 10/6/2008 | See Source »

...Only in April 1932, amid heavy political pressure, did the Fed attempt large-scale open-market purchases - its first serious effort to counter the liquidity crisis. Even this did not suffice to avert a final wave of bank failures in late 1932, which precipitated the first state "bank holidays" (temporary statewide closures of all banks...

Author: /time Magazine | Title: The End of Prosperity? | 10/2/2008 | See Source »

...leaders, the administration could additionally call on members of True Love Revolution, Harvard’s leading abstinence promoter, to enlighten fellow students about the dangers of premarital sex with respect to sleep-deprivation. Other solutions may be sought, but at the very least, something must be done to avert this impending disaster...

Author: By The Crimson Staff | Title: Just Sleep On It | 10/2/2008 | See Source »

...three camps, Inslee says. The first group thinks any bailout is an outrage at a time when CEOs have been getting such huge bonuses. These people, says Inslee, "are so outraged, they don't get past that." The second group comprises people who recognize the need to intervene to avert further financial calamity "but are absolutely outraged that we'd do something that is so inequitable to Main Street." This group, he says, is considerably larger than the first and wants a more balanced bill. Finally, Inslee says, there is a third group that "is in favor of doing anything...

Author: /time Magazine | Title: Why Main Street Is Mad: Scenes from a Financial Crisis | 10/1/2008 | See Source »

...Conservative leader David Cameron promises a new candor in relations with Washington. The Labour government, he says, has tended to flatter Britain's allies across the Atlantic rather to deliver helpful home truths. But as he considered the sorry sight of a Congress unable to agree on measures to avert a global financial meltdown, it's just as well that Cameron spared U.S. politicians his unvarnished opinions, which would have been anything but pretty...

Author: /time Magazine | Title: Washington Antics Dismay Britain's Conservatives | 10/1/2008 | See Source »

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