Word: caps
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Dates: during 2000-2009
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...ever closer to addressing global warming. The sweeping bill, sponsored by Democratic Senators Barbara Boxer and John Kerry, will cut U.S. greenhouse-gas emissions 20% below 1990 levels by 2020, and 83% by 2050 - targets that in the short term are a bit more ambitious than a similar carbon cap-and-trade bill passed by the House two months ago. "This is the beginning of one of the most important battles we will face, as legislators, as citizens," Kerry said Wednesday, flanked by veterans, local legislators and clean-energy entrepreneurs. "It is time to reinvent the way America uses energy...
...animals. "Sanctions may not do much to the so-called enemy, but they do feel warm to those imposing them," wrote Britain's Independent in 2007. Still, if shaming Iran and expressing outrage is the primary purpose of the exercise, the U.S. could always make Ahmadinejad wear a dunce cap...
...should be done to curb big paydays for bailed-out bankers, but solutions are elusive. Finance Ministers of the G-20 nations earlier this month agreed that bonuses should be more clearly tied to performance, but Britain and the U.S. resisted demands by France and Germany to have them capped. Sensing the prevailing political winds, some bankers are already moving to forestall draconian new rules. The Dutch banking association announced that its members have agreed to cap bonuses and severance pay. And in France, bankers have been so frequently called to the Elysée Palace this year...
Both sides agree that current malpractice law--under which doctors pay as much as $200,000 a year for liability insurance--is often unfair and inefficient. But when it comes to fixing the system, consensus is not so simple. Democrats oppose a federal cap on "noneconomic damages" in malpractice cases--money awarded for pain and suffering--that Republicans and doctors want. Supporters call the caps, already in place in some states, a quick and easy way to reduce malpractice-insurance premiums. An obstetrician in Texas, where such damages are capped, could pay 20% of what a colleague is charged...
...Board in Shenzhen is doing better, having listed 293 firms with total market cap of $80 billion, equivalent to about 11% of the main board's. Still, the odds are that GEM and other initiatives may not do much to help China's private sector. The country's rulers may yet be forced to move more aggressively to stop state-owned enterprises from sucking up all the oxygen in the banking system, and do so sooner rather than later...