Word: primed
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...move toward quantitative easing has been expected in recent weeks, as Japan's Prime Minister Yukio Hatoyama and his administration have pressed the central bank to take steps to contain deflation, prevent another downturn in the economy, and to tame the runaway yen, now at 86 yen to the dollar compared to 93 a year ago. On Nov. 27, the dollar fell to a 14-year low against the yen, triggering concerns that the currency could start to unravel progress that stimulus spending has made on the economy this year, in part by wreaking havoc on export competitiveness...
...Tuesday, Deputy Prime Minister Naoto Kan, who is also the national strategy chief, and Finance Minister Hirohisa Fujii, stressed the importance of quantitative easing to the Bank of Japan. In turn, the Bank agreed to cooperate by lending 10 trillion yen, in the form of short-term loans, to commercial banks at the rate of 0.1%, and to accept government bonds and corporate debt as collateral...
...first such meeting in 43 years, calls on Burma's Prime Minister to release pro-democracy leader Aung...
Almodóvar is cherished worldwide for his movies' brio and wisdom, but the Spanish writer-director, who turned 60 in September, has been preoccupied with death and mourning in many of his prime films. He killed off important characters in the first reels of All About My Mother and Volver, then examined how the survivors coped with their loss or the urge for revenge. An underlying love for the dead or near dead stokes the main figures in Talk to Her and Volver. In each case the grieving is natural, respectful, votive. Also volcanic...
...Notre Dame's glory days, Catholic secondary schools were prime recruiting centers. Priests and nuns would ask for prayers for "the boys" on Saturdays and would encourage their best athletes to attend Notre Dame. But many forces, including abuse by priests, have damaged American Catholicism and crippled the parochial school system. Nearly 1 in 5 Catholic schools in the U.S. has closed its doors this decade. Combine that with a more secular society, a more competitive college-recruiting environment and Notre Dame's tough admissions requirements, and it has become more and more difficult for the school to field...