Word: mid
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...NASA had such a dismal track record since the Apollo program? Reduced funding tells part of the story. The space program received around $40 billion a year (adjusted for inflation) in the mid-1960s, which was at least four percent of the federal budget. But, back then, Americans also had a much greater tolerance for risk: The first successful Apollo mission was launched just eight months after the three astronauts in Apollo 1 died during testing. NASA’s tighter leash today means that riskier programs like nuclear-powered spacecraft don’t make it off the drawing...
...LTTE’s continued call for a ceasefire and insistence on international monitoring and aid for civilians goes unheeded by the UN. In mid-March, the LTTE’s political head, B. Nadesan, put out a call for the UN to directly investigate the situation on the ground instead of taking the word of the government of Sri Lanka...
...financial markets can be fixed. Most of the bad news is likely to be that unemployment is getting worse. With a balance that delicate, the stock market needs every one of its major sectors to keep up if the S&P is going to be up another 25% by mid-year...
That's hardly the last of the red ink. In mid-March, the Treasury Department unveiled a plan to help banks sell the mortgages and other soured loans that are sitting on their books. The plan may save banks money in the long run, but it could be very costly over the next year or so. The reason is simply that many banks have only minimally written down the value of these troubled loans, and once they hit the marketplace they could be valued much lower. Geithner's plan offers cheap loans to investors to try to entice them...
...Japan's economy contracted at an annualized rate of 12.1% in the last quarter of last year - the sharpest downturn since the oil crisis of the mid-1970s. Tokyo is working on an additional stimulus package - the country's third in the last six months - that is expected to pump at least $100 billion more into the economy...