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...Japan, which emerged from deflation only earlier this decade, is now back in recession, has negligible inflation and could soon see prices fall again. So too in Europe, where the European Central Bank was behind the curve in seeing the risks to growth that the credit crisis posed and kept interest rates too high for too long. Though Europe is not in outright deflation yet, the pressures across the continent are all trending downward. Even in China, the world's largest developing nation, officials acknowledge that the risk of inflation - their main concern at the time of the Beijing Olympics...
...Wheeler] came up huge for us on the board,” Finelli said. “We were struggling to find a rebounder on our team. She really stepped up to fill that role for us and kept us in the game in crucial points. She did a phenomenal...
...emotional.” To ensure the security of the re-vote, which was held on Friday and Saturday, PBHA officials traded shifts as poll-watchers and voters were asked to produce identification. The votes were held in a ballot box that was continuously monitored. Overnight, the ballots were kept in a lockbox. When the final ballot was tallied, Kelley was declared president, putting the folklore and mythology concentrator in Mather House at the helm of the century-old public service group...
...treatment of Lieberman will ever change; one is driven to suspect that even if he publicly claimed that he was a Republican (which he has effectively done), the Democrats would remain unwilling to cede his caucus and vote. It’s understood that the only reason Democrats have kept Lieberman around ‘is as insurance against defeats on critical legislation. Unfortunately, the stalled progress of the liberal agenda in the last two years indicates a need not for a majority of 51, but of 60 senators, the amount of votes needed to invoke cloture. The dust...
...first day I came in to Harvard, I had an offensive jersey in my locker,” Ehrlich recalls. “I was so nervous that they were going to move me to O-line, I just started going to the defensive line meetings, and I kept going to the meetings, I was hurt, I wasn’t playing, and I figured that if I just laid low and kept staying to the defensive line meetings I’d be alright...