Word: risking
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Dates: during 2000-2009
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...combination of hard work, high risk and low pay has made the general surgery specialty nearly as unattractive to new doctors as primary-care medicine. The statistics are grim: a report in the journal Surgery places the nationwide general-surgeon shortage at 1,300 currently, and estimates that the country will be at least 6,000 surgeons short by the time you need your colon removed...
...Mankiw’s simple investment portfolio consists of about two-thirds stocks and one-third bonds, balancing what he considers the high risk of equities with more dependable fixed income...
...idea "unless they could demonstrate this wouldn't put a target on Michigan. It'd be a difficult sell, politically." David Fathi, U.S. program director at Human Rights Watch in Washington, urges caution in the rush of states moving into the business of transporting prisoners. "There's a risk that conditions will deteriorate as corners are cut to make more money," he says. (See TIME's graphic "Detroit: Now a Ghost Town...
...Most small biologics companies are still years away from seeing their first profits in this high-risk, high-return business. Their trade association, BIO, says that in the past 11 months, at least 40 of them have cut back or eliminated drug-development programs. The venture capitalists who invest in them "aren't looking to cure Parkinson's disease as much as they are looking for a return on their investments," says Greenwood. "They're just as happy to put their money into the next iPod." But increasingly, the big players in the pharmaceutical industry are moving into the biologics...
...already becoming a reality, as signs appear that central-bank policies are beginning to diverge. On Oct. 6, Australia became the first G-20 nation to raise interest rates, hiking its key rate by a quarter of a percentage point, to 3.25%. With "inflation close to target and the risk of serious economic contraction in Australia now having passed," Reserve Bank of Australia Governor Glenn Stevens said in a statement, the central bank decided that it was now "prudent to begin gradually lessening the stimulus provided by monetary policy." Meanwhile, in other industrialized nations still suffering from high unemployment...