Word: shorted
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...First Things First Before planning for the future, however, Detroit still has to get through the present. GM has been on life support since Dec. 19, when the outgoing Bush Administration threw it a short-term loan and told the company that it had until March 31 to come up with a plan for its long-term survival. It did - but its strategy was premised on projections that car sales would begin to pick up this year after last year's dismal industry performance, in which sales sank 18%, to 13.2 million units. But the pickup hasn't happened...
...While the medications currently prescribed are already much safer in the short term than the ones commonly used during the study period, their long-term effects on health are still unknown, since they simply haven't been circulating long enough for any damaging side effects to have surfaced. But, Ho notes, "I always felt the side effects of HIV are greater than the side effects of the drugs." After all, he says, "the side effect of unchecked HIV is death...
...celebrated in a different way in the Floating Mosque currently under construction off the coast of Dubai. Designed by Dutch firm Waterstudio.NL, the arresting building, which is due to be finished by 2011, resembles a futuristic submarine rising from the Persian Gulf with minarets so short and slender they could be periscopes. Built of floating modules of concrete and foam, it will be cooled by seawater pumped through the roof, walls and floors...
...keep on workers even though there's little or no work for them to do. Both have recently extended their schemes. In Germany, the government now subsidizes companies and idled workers for a full 18 months, up from six months, and the number signing up for the so-called short-work programs is soaring. In February, 724,000 workers were registered, more than double the number in January and 20 times the number a year ago. Most of the nation's auto makers including BMW and Porsche have adopted short-work programs in some of their factories. In Japan...
Torres and other labor experts say it's an open question whether these schemes make much of a difference. In the short term, they may well slow the rise in unemployment. But if the current crisis continues, as many economists are predicting, at least for this year and probably into 2010, even pay cuts, work-sharing schemes and shorter working hours won't be enough to safeguard jobs. "The real issue is can it be sustained?" Torres asks...