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What does this say about the Federal Reserve's hopes to start pulling its added liquidity out of the markets, either by raising short-term rates or just getting out of buying bonds, which has been keeping long rates low? I think the Fed's statements suggest that they really want to exit in some fashion from the buying program. The first step in that direction, logically, would be to stop buying, and our sense is that they're at least going to try that. But based on our forecasts for the second half of the year, they may have...
Some initiatives, such as the nurse home-visiting program and President Obama's proposed Promise Neighborhoods program, already put this theory into practice, by offering support and services to low-income parents in order to reduce child abuse, increase access to prenatal care and provide parenting education and high-quality day care...
...main criticisms of the scanners, which have already been installed at 19 airports in the U.S., is that they cannot detect low-density materials such as powders, liquids, thin pieces of plastic or anything that resembles skin. Nor can they detect any explosives concealed internally. Some politicians and aviation experts have questioned whether the scanners would have detected the powder that Abdulmutallab carried on board Northwest Flight 253. Ben Wallace, a British Conservative Parliament member who was involved in a defense firm's testing of the technology, said over the weekend that the scanners probably wouldn't have picked...
...government and the enfeebled Palestinian leadership of President Mahmoud Abbas is growing ever wider. Abbas has been eclipsed by the more radical Hamas movement, and his failure to deliver significant gains for his years of negotiating with Israel and the U.S. has left his popularity at an all-time low. The Obama Administration has maintained its predecessor's boycott of Hamas and has declined to intervene meaningfully in the standoff in Gaza, where Israel maintains an economic stranglehold aimed at toppling Hamas. So despite his best intentions, Obama closed out 2009 in a situation not unlike that of Bush...
...sort already used in planes and cars - that would vastly reduce emissions of SOx, NOx and black carbon. Older and more polluting ships will need to be replaced by models that are more efficient, and eventually carbon-based bunker fuels will need to be swapped out for low-carbon alternative fuels. The Carbon War Room is looking to start the process by compiling information about which ships and lines are most efficient, and then pressing shipping companies - and the customers who depend on them - to use companies that have adopted the best practices...