Word: nears
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...billion in 88 institutions, according to Treasury's website. That does not include the $40 billion the government has promised to shore up ailing insurer AIG or an additional $20 billion in funding for Citigroup, which was approved in late November when the financial giant appeared to be near failure...
...economic rebalancing act needs to proceed with haste. The country's factories need new customers. Chinese consumers can fill that void, by spending more and reducing their stratospherically high national household-savings rate, which stands at more than 25%, compared with a savings rate in the U.S. that hovers near zero. China needs to start creating new jobs by boosting its underdeveloped service sector, which contributes just 40% to overall GDP, compared with 79% in the U.S. In that way, the country can reduce its dependence on exports and continue to grow, thereby increasing its role as an outlet...
Since that speech, Putin has begun talking a little more openly about the issue. In his Dec. 4 television appearance, the first question to him came from Dmitry Salnikov from the village of Tirlyansky, near the Urals region of central Russia. "We are a young and currently jobless family," said Salnikov. "Most locals are also unemployed because they used to work for the metallurgical sector. What are we supposed to do in this situation?" Putin's vague answer: "Private and public authorities will have to draft an entire range of measures in an effort to preserve jobs...
Three solar Wi-Fi-powered devices were installed in Harvard Square last week, with plans to increase this number in the near future...
Although I only lived in the great city of Houston, Texas for the first four years of my life, I still feel the need to highlight the strengths of the Lone Star State as we near the end of a particularly unpopular presidency. 5. Austin, Texas. Live music capital of the world... 4. “All my Exes Live in Texas” by George Strait 3. Sandra Cisneros and all of the other Chicano authors 2. Cacti! 1. BEVO. He’s a longhorn bull. He hangs out at University of Texas games. Once he charged...