Word: centralizes
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...counter the crisis focused on Eastern Europe as well. The International Monetary Fund announced that it has struck a tentative accord to lend $16.5 billion to cash-strapped Ukraine, and said a major impediment to providing emergency funding to Hungary had also been removed. In Asia, meanwhile, the central banks of Australia and Hong Kong safeguarded the liquidity of markets with new injections of funds, while South Korea cut its key interest rate by three-quarters of a point in the hopes of countering slowing economic growth...
...then-head of its Africa department, Hungarian economist Piroska Nagy. Now the question is whether the former French Finance Minister and Socialist Party presidential hopeful can move past the considerable distraction the scandal has caused, and turn to the rising chorus of voices calling to make the IMF central to the world's effort to face the surging financial and economic crisis...
Architect Porn. If you're in New York City this week or next and feel like looking at a really cool structure, head over to Central Park's Rumsey Playfield where starchitect Zaha Hadid has dreamed up Mobile Art. Inside the building is a project by Karl Lagerfeld - an exhibition of 20 variations on the classic Chanel handbag designed by artists including Yoko Ono. Well, at least the Pritzker Prize-winner Hadid's building is worth seeing. After its New York run, the entire exhibit will be taken down and reassembled in London, then Moscow and Paris. Admission is free...
...Even though I don’t have a vote, I am very much interested in this election,” said Kazuko Sakaguchi, a librarian at the Document Center on Central Japan...
...collared shirts, and tweed jackets with suede elbow patches? Such spruce style goes against every notion I have of what it means to be male and in college. After some digging through The Crimson’s archives, I realized that varsity sweaters and schoolboy blazers are just as central to the pretense of the school as its final clubs: collegiate fashion can’t be separated from our institution because it was, in fact, invented right within Harvard’s own hallowed halls. To bring some historical context into this, college campuses in the 1920s...