Word: halt
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...good timing becomes of critical importance. In bustling Cairo, if the work that needs to be done entails going downtown or across town, then chances are only one errand will be accomplished a day. Traffic in this busy capital of around 17 million people comes to a complete halt. Main roads and bridges are blocked and side streets are jammed with school buses and desperate taxi drivers hoping to get home in time...
...Alan Greenspan really the root of all economic evil? Uh, no. By general agreement, the main jobs of the Federal Reserve are to halt financial panics before they spiral into depressions and to keep inflation from getting out of hand. The Fed has failed miserably at each of these tasks once--depression prevention in the early 1930s and inflation prevention in the 1970s. Under Greenspan, it took care of both pretty well. Brad DeLong of the University of California, Berkeley, an economist with no particular loyalty to the former maestro, estimates that of 36 significant interest-rate decisions during Greenspan...
...poodle and kicked inspectors out of the country.Despite the North’s past transgressions, the recent February deal seems to be a knockoff of the Agreed Framework, North Korea’s most famous broken promise. Signed in 1994, the Agreed Framework called for the North to halt its nuclear research in exchange for heavy oil and two light-water reactors from the U.S. In October 2002, however, a North Korean delegation admitted to its U.S. counterpart that the North had been secretly enriching uranium for years, even while the U.S. had been sending oil and building reactors...
...course it’s better to stop terror plots early than never (provided innocent citizens don’t get caught up in the mix), but the recently broken-up plots seemed more like efforts to shore up a political image than to halt a ticking time bomb...
...anything be done to halt such excess? Keynes proposed taxing financial transactions to discourage speculation, an idea that remains popular in antiglobalization circles but has never gained traction with U.S. lawmakers. Shleifer favors protecting consumers from some financial-market excesses--via mortgage lending regulations, for example--but is dubious of attempts to rein in markets themselves. Bogle has argued that professional investment managers wouldn't run off the rails so often if they were forced--by custom and by law--to place more emphasis on moral and fiduciary duty. The unavoidable reality, though, is that the pros simply...