Word: prevention
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Absolutely. That's not to say there can't and shouldn't be stringent types of regulations to prevent abuse, protect minors and protect health. But it would be better from a public health perspective, and it would vastly improve the criminal justice system - among other things, by freeing up space and resources for others who are actually engaging in violent crime...
...response is clear. It's set out in the Responsibility to Protect (R2P), a doctrine adopted by the U.N. World Summit in 2005 - the largest gathering of world leaders in history - that made clear that a nation forfeits its right to sovereignty if it unleashes or is unable to prevent massive human-rights abuses on its soil. R2P was born from the collective shame over global inaction during atrocities in places such as Cambodia, Rwanda and Srebrenica. The most striking current example of R2P in effect is in Darfur, where the U.N. has agreed to deploy 26,000 peacekeepers...
...banks as lending amounts shrink and credit costs increase." But the new offerings have their risk. Large public shareholdings made banks vulnerable to market fluctuations during Japan's lost decade - after the real-estate and banking bubble burst in the 1990s - and the government intervened to buy shares to prevent further bank losses...
...cheerleader for a united response to the crisis, French President Nicolas Sarkozy on Friday announced that France would be creating its own national sovereign fund to buy stocks in troubled private companies. On Tuesday, Germany had rejected Sarkozy's call to create a European-wide sovereign fund that could prevent Europeans waking up "to find European companies belong to non-European capital, bought when share prices were at their lowest point". Sarkozy also wants governments in countries that use the euro to have greater powers to manage it against other currencies, and to significantly extend the term lengths...
...times a day. When a stock's price jumps outside of its proscribed range, word goes out and trading switches over to an auction format for about five minutes to give all the market participants a chance to regroup, process any new information they might have - and to prevent the volatility from feeding on itself. "When markets aren't acting rationally, it's healthy to slow them down," said Richard Rosenblatt, CEO of the trading shop Rosenblatt Securities...