Word: oversights
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...convinced the euro zone will be forced to further integrate their economies, coordinate budgets and tax structures as well as cede budgetary and oversight powers to a central body tasked with preventing collective calamities from happening - and distributing emergency funds when problems do arise. Some observers even hope that, far from killing the euro, the crisis may remedy its structural failings. "Europe has always advanced when forced by necessity," editorial writer Bernard Guetta noted in the Libération newspaper on Wednesday. "So it's now that things will start to happen...
...responsibility" for economic stability and would take "coordinated and determined" action to safeguard financial stability. But Van Rompuy was also stern about what was expected from Greece: it must reduce its budget deficit (which now exceeds 12.7% of GDP) in an "effective and determined manner." Athens now faces stringent oversight as it attempts to balance its finances: after years of receiving dodgy statistics from the Greek authorities, the E.U. is insisting on a direct role in monitoring the nation's recovery plan. And next week, E.U. finance ministers are expected to formally demand the steps Greece needs to take...
...back of over 1,300 complaints filed about the Prius models on the U.S. National Highway Traffic Safety Administration website as of Monday. Toyota's North American president Yoshi Inaba is scheduled to testify in Washington on Wednesday over the company's safety record at a House Oversight and Government Reform Committee hearing...
...duped," a journalist for the paper wrote this week. "In the case of Bernard-Henri Lévy, the affair has risen to a real fracas." But for critics like Lancelin, Lévy shouldn't be able to get off that easy. "In fact, it was an inexplicable oversight," he says...
...beginning of March, Bravo Company's 1st Platoon began a rotation out at the TCPs that would ultimately last 21 days, two weeks longer than the usual rotation. Specialist Paul Cortez was put in charge of TCP2. The spiral of poor discipline, substance abuse, brutality and lack of senior oversight that began months ago was continuing unabated. By March 12, the small group of young soldiers Cortez was leading, including Steven Green, had reached their breaking point...