Word: problem
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...sells its enormous long position in the front month - representing the price of natural gas closest to the present - and buys back as much as it can in the next contract month. The idea is that UNG is always trading the most liquid natural gas contract, but the problem is that UNG has become too large for the market - and for its own good. In a bear natural gas market, UNG's massive monthly gas sell-off accelerates the fund's losses and brings down the price of natural gas with...
...Kerry has also emerged as a problem solver on health care. The Obama Administration had rejected Senate Finance Committee chairman Max Baucus' idea to tax some health-care benefits because it would raise taxes on the middle class. When Baucus' panel came up $320 billion short of paying for its proposed reforms, Kerry suggested taxing insurers that offer high-end plans - those worth more than $9,000 a year for individuals or $25,000 a year for families - in order to raise $145 billion. It was an idea that he and then New Jersey Senator Bill Bradley, among others...
...problem runs deeper - ever since an overwhelming mandate in this year's elections returned the centre-left Congress party to power, the BJP has been caught in ideological drift, unsure of its own identity and role as India grows into a world power. On Monday, BJP stalwart Arun Shourie urged the Rashtriya Swayamsevak Sangh (RSS), the BJP's mother organization and champion of Hindu nationalist orthodoxy, to "take over" the party, implying that the only way the party could get its act together is to go back to the lock-step discipline of the RSS. This, however, would also entail...
Though students have long pushed for improved cell phone reception in the Quad, the problem was brought to the immediate attention of Harvard administrators following the May 18 shooting in Kirkland House, when several Quad residents reported not receiving the University's emergency text message notifications...
...European Forest Institute (EFI) in Barcelona, says climate change is making fires in the region more frequent and more deadly, but governments won't be able to tackle them effectively if they keep pouring money into firefighting rather than tackling the root causes. "Every year it's the same problem," he says. "We're just crossing our fingers and hoping the weather will be mild, rather than actually planning [ahead]. We have been implementing a fire-extinction strategy. We should be implementing a fire-prevention strategy...