Word: centralizes
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Europe, “two percent” means more than a healthy content of milk fat in morning cappuccinos. It is the target rate of yearly inflation mandated by the conservative European Central Bank (ECB). The Bank believes that this end justifies any means...
...high commodity and energy prices. Even disregarding the Weimar Republic nightmares of the twenties, European bankers remember the dangers of stagflation in the late seventies, and the misallocating effects of irresponsible inflationary policies in continental Europe before the euro. After all, before being constrained by the ECB straightjacket, central bankers in countries like Italy gave in to politicians, expanding monetary policy and allowing growth in the short run. Overall, though, such policies only delayed needed reforms and stifled development...
Defense Secretary Robert Gates's announcement Wednesday promoting General David Petraeus from his current post running the war in Iraq to head up U.S. Central Command triggered both political and military unease. That response may be inevitable, coming on the downside of an unpopular war and in the waning months of the tenure of the unpopular President who launched...
...kinds of conflicts that we're doing, not just in Iraq but in Afghanistan, and some of the challenges that we face elsewhere in the region and in the Central Command area, are very much characterized by asymmetric warfare," Gates said. "And I don't know anybody in the United States military better qualified [than Petraeus] to lead that effort." Gates said he had discussed Petraeus's promotion with Senator Carl Levin, the Michigan Democrat who chairs the armed services committee, and said he didn't "anticipate any problems" in winning Senate approval. Petraeus, in a brief statement from Baghdad...
...Central Command is the core of the U.S. military's current operations - it includes both Afghanistan and Iraq - stretching from the Horn of Africa to Pakistan. Although its headquarters are at an Air Force base in Tampa, Fla., recent commanders have spent much of their time at their forward headquarters in Qatar. Petraeus will assume command late this summer or early fall, replacing Admiral William Fallon, who requested early retirement last month after he was portrayed in a magazine interview as the lone officer preventing a U.S. war with Iran. Petraeus's former deputy in Iraq, Lieutenant General Ray Odierno...