Word: expectations
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...economy, the head of China's central bank proposed implementing a new currency-reserve system that could ease the country's reliance on the dollar. Experts say the move underlines China's desire to take a leadership role in the global response to the financial crisis. Still, few analysts expect the dollar to be replaced by what Zhou Xiaochuan called a new "supersovereign reserve currency" in the foreseeable future. China, which holds nearly $2 trillion in foreign-exchange reserves, is the U.S.'s largest creditor...
...continental European powers such as France and Germany made it clear that they viewed with distaste the principal U.S. prescription for recovery: a massive fiscal stimulus to boost demand. Similarly, at the NATO summit to follow the G-20 meeting, Obama could expect to be met with warm words but few pledges of the troops he would like to augment U.S. forces in Afghanistan...
...said these universities have acted responsibly in postponing layoffs and offering modest increases in salary to low-wage workers while cutting wages for the highest paid workers. “The bottom line is that Harvard is a non-profit subsidized by taxpayers and we expect a higher level of responsibility from them,” Langley said. “The message they are sending to workers on the bottom of the food chain is that they are surplus and not central to the educational mission of the school.” —Staff writer Danella...
...three extra floors when other workers were absent—sometimes with extra pay, sometimes without.Richard M. Shea, the associate dean for Physical Planning and Facilities at HMS, said he had never heard that workers had not been paid for their work.“I would expect people to be paid for that,” he said. “I would not expect people to work for free.”Shea said that HMS is still trying to figure out ways to help American Cleaning redeploy its workers. He said that there have not been...
...daily schedule. Why? I wondered. Why would the combination of Twitter and basketball (neither of them appealing on its own) interest me? I don’t think these things are supposed to work like double negatives. Perhaps it’s because I wouldn’t expect many of these updates to come from an otherwise imposing seven-foot-tall, 325-pound world-famous center. Perhaps it’s because his Tweets are genuinely funny; Shaq isn’t afraid to poke fun at himself for his unconventional writing style (he once wrote...