Word: avoider
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...markets, and provide investors with useful hedging vehicles. "The Chinese understand all that," says Nicholas Lardy, an economist at the Peterson Institute for International Economics in Washington. "But the Chinese really want to study how this happened [in the U.S.], what derivative's role was, and how they can avoid it in the future. That's all going to take some time...
...exclusivity of the male franchise was once an assumption of American life. The scions of the suffrage movement, however, didn’t try to swindle their way out of an uphill battle by offering society a sweetened pill. There was no way they could avoid recognizing that those committed to the male-only vote would be hurt by their movement. Instead, they decided to attack the moral and intellectual position of the anti-suffrage movement—and eventually...
...Egeland called “the world’s most neglected humanitarian crisis.” The three-mile GuluWalk aimed to draw attention to the victimized children of Northern Uganda’s Acholiland and the estimated 20-kilometer trek that many abandoned children walked daily to avoid abduction by the Lord’s Resistance Army. Robert J. Ross ’09, a member of the Harvard College Coalition for Ugandan Peace, organized a group from Harvard to participate in the walk. “Harvard students have an immense capacity to do good...
...know the devastating effects of spending cuts. For years, towns have had to contend with Proposition 2½, which caps property tax hikes at 2.5 percent. Unfortunately, costs rise at a much higher rate, so town electorates must pass Prop 2½ “overrides” to avoid deep cuts. When an override fails, nurses are laid off; schools close; 911 response times get longer. Question 1 would have the effect of several failed overrides per community—in all 351 communities in the commonwealth...
...bleak economic situation has prompted Pakistan to desperately seek aid from such long-term allies as Saudi Arabia, Britain, the U.S. and China. Despite Zardari flying to those countries in recent weeks to make his case, he has yet to secure the loans needed to avoid a default on Pakistan's debt. Pakistani officials insist that they have no intention of defaulting, and the Pakistani rupee rose this week amid signs that the International Monetary Fund might step in to rescue this frontline state in the war on terror. The IMF confirmed Wednesday that it would soon enter discussions with...