Word: galbraithe
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...NATO and the U.N. - whose senior representative to Afghanistan, Norwegian Kai Eide, was accused by his American deputy, Peter Galbraith, of tacitly favoring a Karzai victory following the election debacle (Galbraith was fired this week) - will now be forced to work with an Afghan leader that has not only distanced himself from Western tutelage but also lacks legitimacy in the eyes of his people. (See the top 10 U.N. General Assembly moments...
...Divisions within the diplomatic community burst to the surface last week when the top U.N. official, Norwegian Kai Eide, ordered his American deputy Peter Galbraith home. According to Western diplomats, Galbraith wanted a probe into all fraud allegations while Eide urges an easing of the definition of fraud to avert a second-round vote...
...economy. Long-term unemployment burdens social services, diminishes spending levels in the economy and drains overall savings. It can also affect unemployment among young, first-time job-seekers. "Long-term unemployment is debilitating for people trying to find jobs in the first place," says Professor James K. Galbraith of the University of Texas at Austin. The more long term unemployed there are already competing for jobs with long résumés, the harder it is for first timers with no work experience to get the job, thereby tossing them into the pool and sustaining the high rate...
...overall rates came with only an additional 7,000 jobs in the government sector. But July's indications of improvements do little to ease some economists' fears about long-term unemployment now that 1 in 3 unemployed persons has been looking for work for 27 weeks or more. Galbraith of the University of Texas at Austin believes that some workers have intentionally left the job pool - fed up with rejection - and will begin searching for work again only once the economy improves, keeping the long-term rate high. "Even if things stabilize and start to improve, bringing the unemployment rate...
...program that will fund the purchase of toxic assets from banks using federal money, and then allowing private money managers to purchase and trade this paper. There has only been speculation about the outcome, and that has been over a broad range. Prominent economists, led by James Galbraith and Paul Krugman, have said that the plan may actually do more harm than good. In the Treasury's corner, Pimco, the largest fixed income management firm in the U.S., endorsed the Administration's plan. "This is perhaps the first win/win/win policy to be put on the table and it should...