Word: shorted
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...Obama Administration's surge in Afghanistan needs to be short and sweet and avoid stepping on Pashtun toes. It absolutely must not be the first stage of creating an Afghanistan of our dreams, or else it will most certainly become the one of our nightmares...
...poverty, poor health, and low education, both neighborhoods rank among the most deprived areas in Britain. Almost a fifth of the local working-age population receives welfare benefits. Half have no formal qualifications. For leaders of the world's most advanced economies, the area offers a stark reminder: the short-term aim of the G-20 summit might be to revive the global economy, but the longer-term goal needs to be making it fairer. (See pictures of the global financial crisis...
...short walk from the site of the one-time cesspool, Lewis Calado's well-kept home, with its bushy pot plants and white flowering tree out front, stands out on a grotty housing estate littered with boarded-up properties. Life on the estate has improved in recent years, he says - still sporting the luminous vest from one of the two truck driving jobs he holds down to meet his mortgage payments - although petty crime remains a blight. The windows of his neighbor's new car were smashed recently. "You can't leave anything inside," Calado says. "Even...
...spending in developing nations like China, and more saving and less debt in the U.S. Although he was vague, Obama discussed what would amount to a reworking of the basic economic physics that governs our world. It's a delicate balance, however, because too much savings in the short term could delay an economic recovery. (See pictures of the Obamas in Europe...
...University’s chief financial officer, the debt was issued “to manage our risk with previously issued variable rate notes [and] to enhance our cash position and our flexibility.” The variable-rate notes had allowed lenders to recall their principal on short notice, which could potentially drain the University’s cash holdings.“We are confident that we issued our debt quite competitively given market conditions at the time,” Shore said.But the Forbes story suggested that Harvard’s liquidity position was more precarious than...