Word: pooling
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...billion in cash on a weekly basis. As of Feb. 28, the University held over $5 billion in easily convertible assets, such as money market funds and Treasuries that exclude funds on-loan or pledged as collateral. Harvard also estimates that more than $9 billion of its general investment pool could be liquidated within a year, providing additional cash reserves.—Staff writer Peter F. Zhu can be reached at pzhu@fas.harvard.edu...
...Korean Central News Agency, the propaganda arm of the North Korean government, that are meant to give the impression that Kim Jong Il is back running his benighted country after a stroke last summer. And then there are those shown here, of Kim at an indoor swimming pool. He looks old, frail and sick. The pictures, according to diplomats and intelligence analysts in East Asia and Washington, capture reality. Kim is 68, and though it is thought he has made a reasonable recovery, he has apparently not resumed all his duties as North Korea's absolute ruler. That is focusing...
...Jeff Thompson, a Harvard graduate student in physics, faced even higher odds than applicants in previous year—the number of fellowships granted this year by the Hertz Foundation was reduced by 50 percent. The winners were selected from 543 other scientists, a pool comparable in size to those of previous years. “The process for earning the fellowship is quite rigorous,” Kovachy said. “You are expected to not only have done significant research in the sciences, but to have a general knowledge of virtually all scientific subjects...
...reborn as a five-star hotel. Designers cleverly converted a former cashiers' hall into a light and airy ballroom that features the original 19th century glazed roof. Underground, they created a luxurious spa by transforming the bank's jewel vault into a spectacularly lit 66-ft. (20 m) swimming pool and recasting a massive steel-and-copper money vault as a manicure parlor. (See 10 things to do in Rome...
...Today's world is vastly changed from that of 1949, when the U.S. and Europe agreed to pool their military resources and combine to resist any westward encroachment by the Soviet Union. Most of today's leaders of NATO member states were not yet born when the Alliance was forged, and almost two decades after the Soviet Union's collapse, military analysts see the Alliance as being mired in an identity crisis. "It's entirely unclear what NATO's reason for existence is after 1989 [the year the Berlin Wall came down]," says Tarak Barkawi, a senior lecturer in international...