Word: centralizes
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...Brown and Darling gathered on Monday to unleash a slew of new schemes, the stakes for the Prime Minister - and the British economy as a whole - could scarcely have been higher. Central to those plans is the creation of a bumper insurance scheme that will permit banks to buy cover against losses on bad loans in the hopes that this will encourage banks to start lending to Britain's cash-strapped companies and consumers. Also announced: a $74 billion scheme allowing the Bank of England - Britain's lender of last resort - to buy high-quality assets directly from financial institutions...
...consequence of their downtrodden condition, the Rohingya don't have the kind of diaspora-based support groups that provide publicity and aid to some of Burma's other oppressed minorities. Their plight, though, may be a central issue at the next regional ASEAN Summit, which will take place at the end of February in Thailand. By then, observers hope the Thai government will employ different methods in tackling the problem. "Governments in the region need to put together a proactive plan to meet the needs of the Rohingya," says Garcia. "You can't literally make these people go away...
Andrew Wyeth of Chadds Ford, Pa. (pop. 140), and Cushing, Me. (pop. 130), stands high and apart from the mainstream of American art. Manhattan-centered abstract expressionism has in the past two decades given a multitude of new answers to the central questions: What is painting? What is art? What is form? Wyeth is no heroic rearguard defender against that trend. But, in a tradition going back to Rembrandt and to the roots of art, he insists on exploring something else: the condition of nature and the depth of the human spirit...
...clearly had these examples in mind as he wove an inventory of the familiar American virtues into the fabric of his urgent priorities. "In the 21st century," he said, "security and prosperity at home depend on the expansion of liberty abroad." This was one more formulation of Bush's central philosophy, which he said is threatened by the rise of an isolationist and protectionist mood. "If America does not lead the cause of freedom," he continued, "that cause will...
...leaders of Israel and Hamas examined the fine points of an Egyptian cease-fire proposal, Israeli forces pushed hard into central Gaza Thursday, striking more than 70 "enemy targets," officials said. But a few Israeli artillery shells went amiss, crashing into the United Nations compound and a hospital inside the besieged Palestinian territory. Dozens more civilians were killed, according to Palestinian hospital staff...