Word: promptness
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Dates: during 1990-1999
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...absurd to keep the same retirement age as when life expectancy was 10 to 15 years lower," says economist Friedman--still active as a senior research fellow at Stanford's Hoover Institution at the age of 82. It is also very expensive to prompt people to retire at what now seems to be an early age and collect pensions rather than pay taxes that might finance others' pensions for a vital five years or so. The counterargument, voiced by International United Mine Workers of America president Richard Trumka, among others, is that many blue-collar jobs are too physically demanding...
...economy was already rebounding after a 30-month recession. Using the account No. 88888 also had a special advantage, one that Leeson had probably learned about in his old back-office job in London when he made sure cash flowed into the right accounts. Both Osaka and Singapore demand prompt margin payments on contracts-that is, the difference between what the contracts were sold for and their value at the close of each trading session. Since the account was technically Barings' property, it appears that the company automatically made some of the payments. "It was a free bet," says...
Technology's new challenge, ideally at least, is to re-empower voters and revitalize democracy through more direct popular representation. Pitfalls do abound. The same technology able to identify and link citizens and political institutions will also necessarily facilitate nationwide identification systems and increased governmental surveillance. This will undoubtedly prompt a second neo-Orwellian howl to accompany an elitist shudder over entrusting the people -- the booboisie as a 21st century cybermob. But overall, the favorable balance that should result is compelling...
...would cut back U.S. financing of U.N. peacekeeping operations, restrict American troops from serving under U.N. command, and create a $1.5 million bipartisan commission to study national-security strategy. The usually solid Republican majority cracked, however, when two dozen party members helped defeat a provision that would have required prompt deployment of a national missile-defense system...
...federal Judge Stanley Sporkin''s rejection of the deal. Attorney General Janet Reno rebuked Sporkin, saying he had overstepped his authority by partially basing his decision on business practices that were not included in the government''s formal charges against Microsoft. If Judge Sporkin''s ruling stands, it could prompt a tougher settlement, requiring Microsoft to let competitors write software for its operating systems, which run some 80 percent of all personal computers. "You have this really bizarre scenario in which the trust-busters have gone to bed with the trust to protect themselves from a maverick judge...