Word: provisional
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With the collapse of Lehman Brothers and the uncertain future of AIG, BVG fears that the U.S. investors could demand as much as $200 million in additional collateral. As a precaution, the transit company has taken a risk provision of €157 million ($208 million) on its balance sheet. BVG...
In many Harvard classes, students benefit from the chance to drop a dismal midterm or wayward problem set. Unfortunately for Crimson baseball, there is no such provision for a single devastating inning. Harvard (7-20, 5-3 Ivy League) allowed six runs in the second against Bryant University (24-9...
“There’s a provision in our agreement for consultation and serious discussion with our Union and affected employees in any situation where Harvard considers changes that would result in layoffs,” Jaeger said.
At the same time, the Senate is also expected this week to consider other energy amendments to the budget resolution being crafted. The House version of the budget, which is just a rough, nonbinding blueprint for Congress' spending priorities in the coming fiscal year, includes a provision that would allow...
Their main apprehension centers on a mandatory registration process. Both foreign and local NGOs must register with a government directorate. Registration in and of itself is not a problem, activists say, but the proposed legislation - which will now go before the Parliament and must be signed into law by the...