Word: reformations
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...reserves, like China and Japan, to continue to invest in dollar assets to preserve the value of their holdings. Besides, replacing the dollar would demand a level of cooperation among the world's major economic powers that is difficult to achieve. Although China and Russia reiterated their calls for reform of the global currency system at last week's G-20 summit in London, the issue barely got any talk time. (See pictures of London protesting the G-20 summit...
...Even more tragic, this story is repeated too many times each year in this country. As illustrated in your piece, physicians often provide care without charge when patients are in need, but we need a system that does a much better job of supporting patients and physicians. Your reform points are key. A full 75% of total health-care spending is linked to chronic health problems, many of which are preventable. If we can help Americans live healthier, we can reduce disease and decrease health-care spending. The American Medical Association is committed to reform that covers everyone with...
...that hasn’t gone unnoticed by other countries. Over spring break, through the Harvard College in Asia Program, I had the opportunity to stay at Hong Kong University with a group of fellow undergraduates. The dean of education there informed us that the college is planning to reform its curriculum—a relic of British colonial rule—to bring it more in line with the American system. Rather than starting off their university years with a set major and pre-professional plans, students will now be able to dabble in the glorious uncertainty...
...late 1970s, China's economic reform and opening up spurred a fervor of fossil-hunting among impoverished peasants, who began selling their finds to the highest bidders - state institutions, private individuals and foreigners alike. Since then, numerous dinosaur and bird fossils have been identified in the northeast province of Liaoning, and the southwest regions of Guizhou and Yunnan have become well known for their massive output of Triassic marine-life fossils. Fakery became a natural part of this lucrative business, and several Chinese paleontologists say fakes, typically made into the shape of bones using plastic, charcoal and construction materials...
...limitations. Next year, Japan's public debt is expected to rise to 197% of GDP, according to the Organization for Economic Cooperation and Development (OECD). That would make Japan's debt ratio the highest among OECD nations and nearly twice that of the U.S. "If they spend money without reform, they can get growth," says Curtis. "But they will just increase the deficit and it won't be sustainable...