Word: fund
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...That surely irks the E.U., which is limited in the amount of help - or punishment - it can impose on Greece. Allowing the country to default, or to approach to the International Monetary Fund for emergency funds, would deal a huge blow to the credibility of the 11-year-old euro zone. Whatever financial concessions it can offer, therefore, will almost certainly come with stiff conditions. Greece may have little option but to accept...
...reality, there will be no burst of institutional expansion in Allston and Brighton funded solely by Harvard in the foreseeable future. When President Faust speaks of Harvard’s “new normal,” she makes clear that it could be years or decades before Harvard regains the financial comfort needed for it to independently fund the multi-billion-dollar buildout of its Allston and Brighton empire...
...Funding Ban Lifted on Stem-Cell Research It was eight years in coming - which felt like eons to some researchers - but on March 9, President Obama rescinded his predecessor's Executive Order prohibiting the use of federal money to fund research on stem cells. A congressional law still prevents scientists from using government funds to create new lines of embryonic stem cells, which can develop into any of the body's tissues, but at least scientists are now free to use that money to study the hundreds of stem-cell lines already in existence. Before embarking on such research, however...
...that the CBO says the CLASS Act will increase budget deficits in the long term, but that's only because of the peculiar way the deficit is calculated. Premiums collected would be invested in federal securities, and when the interest earned is transferred back to the CLASS Act trust fund, the transaction would be recorded as an increase in the deficit. The Senate bill also requires that the CLASS Act trust fund be solvent over a 75-year period, and the bill would give the secretary of Health and Human Services power to raise premiums and reduce benefits to keep...
...analysts say it wasn't just Morales' social largesse that ensured a larger landslide this time. Critics foresaw macroeconomic disaster three years ago when Morales, fulfilling a campaign promise, nationalized Bolivia's vast natural-gas reserves. Among the doubters was the International Monetary Fund (IMF) in Washington. Today the IMF is hailing Bolivia's projected economic growth rate of almost 3%, one of the hemisphere's highest, as well as the fact that the country's economy has averaged almost 5% annual growth since Morales came to office, Bolivia's best performance in three decades. "Bolivia is the most profound...