Word: curbing
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China's central government recognized early on that an investment bubble was probably forming. In 2004, for both economic and environmental reasons, authorities in Beijing began pressuring provincial and local officials to curb spending on aluminum, steel and cement factories; state-owned banks were periodically told to stop lending for industrial projects. But local officials often ignored the stop signs. More factories meant more jobs and more growth, which made them look good in the eyes of their political superiors. Not only that, but local officials, who can seize land and issue permits for new projects, were often silent partners...
...whose parents earn less than $100,000 annually. The financial aid initiative is similar to Harvard Medical School’s decision to cut costs for nearly one third of its students. According to the Yale Daily News, the move aims to reduce debt for middle-income students and curb the attrition of the graduate students who enter lower-paying specialities, estimated to impact up to a fourth of the student body. The initiative will be funded by a $1.1 million increase to the medical school’s budget from the university’s endowment income. Officials from...
Before Plympton Street was Plympton Street, it was Chestnut Street, named simply for the genus of tree that lined its curb. This was something of a tradition in early Cambridge, which also boasted Acacia, Ash, Camellia, and Linden Streets. Prior to the steeples and bell towers that now define Harvard Square, there were soaring tree trunks...
...promises "a sound economy, agriculture and livelihoods, a new constitution and good governance"; leadership on HIV/AIDS, which has infected 2.3 million people; and empowering the youth. In a softening of Mugabe's policy, white-owned farms would not be handed back to their former owners. Rather, the government would curb "corrupt and self-serving" land seizures while remaining committed to "systematic land reform that benefits the black people of Zimbabwe." On the question of whether to hold the Mugabe regime accountable for its crimes, Tsvangirai has offered to be flexible in order to secure its departure...
Bringing Them Home To that end, Tusk says he wants to shrink government, curb central authority, "radically" deregulate, and cut taxes. The first priority, says Michal Boni, Tusk's chief economic adviser, is to discourage early retirement; nearly three in four Poles stop work by the time they are 55, more than anywhere else in Europe. By increasing pay and promoting retraining, says Boni, Poland could save up to $13 billion in premature retirement benefits over the next 12 years. To lure younger Polish talent home, the government also wants to lower barriers to starting a business, and provide better...