Word: relief
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...Khans' choice of destination was relatively fortunate. Khan and 15,000 others are the guests of the Tarakai family. On land it owns, inside schools it built, the wealthy political clan has established an impressive relief operation that boasts ambulances, clinics, visiting doctors, a constant supply of electricity and food and a small army of volunteers. But the Tarakais are the exception. An overwhelming majority of Pakistan's newly displaced are living in private homes in towns across the northwest, where they are provided with shelter but are struggling to find food and medical attention. While international aid agencies focus...
When Jacques Bailly won the Scripps National Spelling Bee as a 14-year-old in 1980, his first reaction was relief. After spending two grueling days onstage with 100 other young contestants sounding out words like schottische, mahout and elucubrate (the winning word), he recalls just wanting the competition to be over. But nearly 30 years later, he's back again at the World Series of spelling as the contest's official pronouncer. At this year's finals, which kick off May 26 in Washington, D.C., Bailly will read each word and provide its definition, origin and context. TIME spoke...
...Recently, Goldman Sachs, JPMorgan and others have said they plan to repay the tens of billions of dollars they received last fall as part of the government's Troubled Asset Relief Program (TARP) as soon as possible. Investors immediately cheered the news. Shares of Goldman and JPMorgan are up 80% and 117%, respectively, since the market bottomed in early March...
...best interest to educate all students to their full potential—it vastly improves their lives and grows our communities and economy.” Currently, undocumented immigrant children can only obtain permanent residency through their parents. The 2009 DREAM Act—or the Development, Relief and Education for Alien Minors Act—was first introduced in Congress in March with the support of senior Congressional Democratic leaders including Harry Reid, Dick Durbin, Russ Feingold, an Kennedy. The legislation would make illegal immigrant students who graduate from U.S. high schools eligible to apply for conditional permanent residency...
...this a sigh-of-relief rally, or is something positive going on with respect to the longer-term earnings potential of financials? I don't think this rally has much to do with the longer-term earnings potential of these companies. I think the move in financials, mostly over the last four to six weeks, is primarily a sigh of relief. To be more precise, it's about institutional investors repositioning themselves in these stocks. Last year there was a mass exodus from financial stocks, and not just the banks. There was just too much risk...