Word: forwarder
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...long ago, Lorena Dominguez looked forward to the future. She had a well-paid job at the Citroën automobile factory in Vigo, the town in northern Spain where she had grown up. She had recently moved in with her boyfriend Oscar, and had put her own apartment on the market. The two spent their weekends hanging out with friends in Vigo's lively waterfront cafés and were planning to travel this summer. It wasn't a bad life for the 23-year-old daughter of a longshoreman and a housewife...
...Washington A Delicate Step Forward for Stem-Cell Research In an effort to balance ethics and scientific advancement, the Obama Administration announced new guidelines for embryonic stem cells that could dramatically expand taxpayer-funded research. The rules, released on July 6 by the National Institutes of Health (NIH), allow federal spending to study existing stem-cell lines, provided the embryos were freely donated and meet other ethical requirements. Stem cells derived from human embryos can grow into a wide range of organs and tissues; scientists believe they hold great promise in curing diseases, though critics believe embryo destruction is morally...
...initial phase of President Barack Obama's effort to jump-start the Israeli-Palestinian peace process called for confidence-building. While the results haven't exactly inspired confidence in its prospects, Obama may have no choice but to move forward. The President's Middle East envoy, Senator George Mitchell, is scheduled to visit the region during the week of July 20, amid reports that Washington is moving toward outlining a new negotiating process, possibly with fixed timetables for resolving issues. But the palpable distrust each side has shown of the other during Obama's initial mediation effort casts a pall...
There's an easy way to represent this visually: the fan chart. What starts as a line quickly becomes a blurry fan-shaped region, underscoring that as time marches forward, the variable being forecast falls into an ever broader range of possibilities. "The more you think in terms of distribution of outcomes, the better," says Gregory Mankiw, a Harvard economist who chaired President George W. Bush's Council of Economic Advisers. "You're always keeping in mind the inherent uncertainty." The Bank of England is a big user of the fan chart when its economists talk about inflation forecasts. Plenty...
...Joining the euro could happen soon after that. Reykjavik officials have backed down from their earlier talk about "unilateral euroization" - using the single currency without going through the rigorous euro accession process - but once the economy settles, joining could be relatively straight-forward. Iceland's debt, deficit and inflation rates currently too high to fulfill the euro criteria - are expected to fall fast over the next few years to meet the entry demands. (See pictures of the Top 10 scared traders...