Word: implemental
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...bailing out troubled economies. But it prefers not to foot the enormous bill alone or impose diktats from Washington. Many of the suggestions the IMF makes to borrowers, often in close consultation with the Treasury, are sound. But few of the nations are in any shape to digest, implement and enforce the Wizard of Oz transformations the institution wants. The fund needs to abandon its attempt to enforce deep structural reforms and focus instead on resuscitating these economies, particularly by helping them pay off their crippling short-term debt and managing their sliding currencies. The IMF may be right that...
Watch to see how the Nikkei responds to a key policy speech by Keizo Obuchi, Japan's new prime minister. If he gives traders hope that the government will be able to quickly implement promised tax cuts, Japan's markets could bounce back -- and we could breathe a little easier about...
...Nickelodeon and MTV. Viacom CEO Sumner Redstone bought Blockbuster in 1994 from billionaire Wayne Huizenga for $8 billion, figuring that the retail stores would be a natural outlet for Viacom's films and music. But by mid-1997, with Viacom's stock stuck to the floor, Redstone had to implement drastic measures, including a $323 million charge at Blockbuster. The charge reflected an unsuccessful attempt to expand Blockbuster's sales by emphasizing music, candy and comics and moving the company to Dallas from Fort Lauderdale, Fla., at the behest of former CEO Bill Fields...
...rankle those on the right, it's surprising to find it was effectively ordered by the GOP -- as part of a health insurance law passed by Congress in 1996. Now they can rest easy as the White House goes through the messy and contentious process of actually trying to implement it. As for the tracking number, there are two proposals: a) Create a new code for everyone based on your date and location of birth and hire hundreds of bureaucrats to dish them out; and b) use your Social Security number. No prizes for guessing which one the feds...
Cambridge Vice Mayor Anthony Galluccio, amongthe protesters Thursday, sent a letter toPresident Neil L. Rudenstine last week urging theUniversity to implement a similar policy...