Word: groundful
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...fact, the Federal Reserve had to reassure private investors that they would not be vulnerable to such a backlash when it unveiled a similar government program this week. But that program also had trouble getting off the ground. The Term Asset-Backed Securities Lending Facility, which is designed to spur trading in securitized consumer loans, has gotten off to a slow start, attracting only a handful of applications during the two-day window for participation this week. The total size of the deals fell well-short of the $200 billion the Federal Reserve initially made available for the program...
...Western dialogue over what to do about Burma's repressive military regime is often framed as a single dilemma: whether or not to impose international sanctions. The debate is polarizing. The pro-sanctions crowd claims the moral high ground, deploring the enrichment of a clutch of ethnocentric Burmese generals whose impulses are most brutal against the roughly 40% of the population that, like the villages of Arakan state, is composed of ethnic minorities. The engagement side preaches practicality, arguing that some investment will trickle down to the populace and that cultural exchange is better than imposed isolationism. When U.S. Secretary...
...Keynesian-deficit-spending-plan-is-bigger-than-yours game, leaders should coordinate specific measures in order to get more bang for their bucks. It's counterproductive and potentially anticompetitive for some nations to rescue their auto industries, for example, while others don't. Far better to agree on ground rules governing which industries are entitled to receive state aid and how it should be given...
...everyone is invited.”Eliot: The CockpitCurrently, this co-ed suite on the fifth floor of Eliot’s C-entryway houses 10 people, and is located just a floor above another notorious Eliot party suite, the fourth floor’s “Ground Zero.” “Since we’re right above Ground Zero, which itself is on top of the Eliot Library, we never get noise complaints,” says current resident Eva L. Mihalis ’09. The giant common room with views...
Insufficient boots on the ground, coupled with a lack of basic services such as electricity and water, high unemployment and a disenfranchised Sunni population that until recently was governed by members of the minority Kurdish population, made the city kindling for the insurgency. But things are changing. American troops in Mosul have doubled over the past several months, according to Col. Gary Volesky, brigade commander of the 3rd Heavy Combat Team, 1st Cavalry Division. January's provincial polls also brought a Sunni party, Al-Hadba, to power, a development that is expected to lessen some elements of the insurgents' support...