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...turns out, however, lawmakers are reluctant to cede the power to steer extra money to hospitals in their own districts, and the House rejected the commission idea outright. While the Senate bill does contain a version of the commission, it has become weaker at every turn in the process. Under a deal to win hospitals' support for the bill, the Senate Finance Committee agreed they would be exempt from the commission's recommendations at least through 2019; doctors, hospices and medical-equipment suppliers would be beyond its reach entirely. Who is left? Maybe no one. "The exception for hospitals...
...move toward quantitative easing has been expected in recent weeks, as Japan's Prime Minister Yukio Hatoyama and his administration have pressed the central bank to take steps to contain deflation, prevent another downturn in the economy, and to tame the runaway yen, now at 86 yen to the dollar compared to 93 a year ago. On Nov. 27, the dollar fell to a 14-year low against the yen, triggering concerns that the currency could start to unravel progress that stimulus spending has made on the economy this year, in part by wreaking havoc on export competitiveness...
...blaming others for our failures and our problems." Instead, he said, "We have to arm ourselves with courage and work quickly and seriously, to tackle the reasons that put our region behind the rest of the world." Sheik Mohammed is a dreamer whose ego proved too large to contain. But his big dream remains the Middle East's hope...
...brakes on species extinction. REDD could "fundamentally change conservation [in tropical countries] and provide benefits for mammals at a scale we've never seen before," writes its lead author Oscar Venter. If REDD's champions seem almost religious in their support, it is partly because the scheme appears to contain so many holy grails. Done right, its advocates say, REDD will alleviate poverty, preserve rain forests, protect endangered species and do more to avert catastrophic climate change than grounding jets and banning coal. It also offers a rare partnership between two disparate and often conflicting worlds: capitalism and conservation. With...
...Obama Administration's scrapping of what had been known as the quadrilateral initiative, a loose alliance between Washington and three other prominent democracies in the region - India, Japan and Australia - that staged joint naval exercises in 2008. China saw the initiative as designed to create a security bloc to contain it, and in the interests of improving relations with Beijing, Obama has declined to pursue it. (Read "The India Model...