Word: copes
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...interns who unexpectedly find themselves without a summer job could still rely on OCS for impromptu bailouts. But what OCS does not anticipate doing, according to Mount, is laying off employees. Instead, she has spearheaded an effort to seek consensus among the OCS staff to determine how to best cope with expected budget cuts. Mount referenced the president of Wheaton College, who she said reduced his own annual salary by 7 percent, saying that she is open to the possibility of taking a direct hit from budget constraints herself. ”All leadership [at Harvard] is going...
...Overseas, Japan, which just 20 years ago was the subject of books (how strangely they read now) predicting it would overtake the U.S. as the world's No. 1 economy, must cope with a resurgent competitor to its east. China's economic model is now admired around the world as a model, as Japan's once was. Asia has never seen a time when both China and Japan were simultaneously strong. That does not mean such a state of affairs is impossible; it does mean that both nations will need wise leaders if they are not to turn into bitter...
...Above all, Japan has to cope with the fact that the economic model on which it built both its postwar prosperity and social stability is broken. Japan's spectacularly successful export-oriented industries were responsible for creating the world's second largest economy, and their lifetime-employment policies, with generous benefits, obviated the need for a comprehensive social safety net of the sort familiar to Western Europeans. Then came the bubble. After financial markets were liberalized in the 1980s, Japan went on a debt-fueled binge that made modern Americans look as thrifty as Amish farmers. The stock market soared...
...leader Mariano Rajoy went so far as to suggest that a key piece of physical evidence - a backpack loaded with explosives - may have been planted in order to lend credence to the Islamist theory. These doubts were fanned by the center-right newspaper El Mundo, and Catholic radio station COPE into a full-fledged conspiracy campaign. Yet even after the country's national court found absolutely no connection between ETA and the Madrid attacks, Rajoy said that his party would "continue to support" any further investigation. The Socialists, in turn, responded by accusing the opposition of exploiting the victims...
...what nugget of advice can Burchell offer to those lucky millions across the globe who are still employed but are worried about losing their job? After scouring through the surveys in search of the key to an even mental keel, Burchell came up with, "Nothing. Certainly some individuals cope better, but we don't know why. It seems there are just certain things about job insecurity that can't be overcome...