Word: curtailing
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...more prices rise, the more pressure China's central bankers come under to tighten up monetary policy and curtail credit . Some observers in China are already getting nervous. "If the Chinese central bank does not respond quickly to rein in credit growth, unchecked asset bubbles can seriously distort allocation of resources and thereby undermine the country's long-term growth prospects," a Nov. 5 commentary in China Daily warned...
Thousands of people across the country did likewise last week, as county health clinics began distributing their first shipments of the coveted vaccine for free to at-risk groups. However, because of production delays, supplies of the vaccine have been far lower than requested, forcing some counties to severely curtail their original plans. (See how to prevent illness...
...early October, Citigroup sold its commodities-trading division Phibro to energy company Occidental Petroleum. Citi was motivated to dispose of the unit because of pressure from regulators to curtail the pay of Phibro's top trader Andrew Hall, who made $100 million last year, and reportedly has a contract that would award him roughly the same amount in 2009. Oxy declined to comment on Hall's compensation. But the energy giant says Hall will remain with the unit at Oxy. Hall had threatened to leave Citi if his pay was cut, which means Oxy is probably honoring his contract. Says...
...compact between the nuclear and nonnuclear powers that aims for an eventual full elimination of nuclear weapons, an end to nuclear tests and a ban of the production of fissile material. The resolution is an overlooked part of what has allowed Obama to make tentative progress in trying to curtail Iran's nuclear program and is, the Administration says, its best hope for doing the same with North Korea. It is also a clear commitment by the U.S. to multilateral institutions after years of snubs from the Bush Administration...
...situated missile defense shields in Eastern Europe, has paid out enormous political dividends in the form of cooperation from other nations on the problem of nuclear weapons in Iran. Specifically, Russian President Dmitri A. Medvedev has expressed a new level of receptiveness to the idea of helping the U.S. curtail Iran’s nuclear ambitions, stating, “We believe we need to help Iran to take a right decision... sanctions rarely lead to productive results, but in some cases, sanctions are inevitable...