Word: slashings
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...motivated as much by enlightened self-interest as by altruism, but the decision by five pharmaceutical giants to slash the price of AIDS drugs in Africa has the potential to be an important milestone in the battle against the killer disease. Bristol Myers Squibb, Glaxo Wellcome PLC, Merck and Co., Boehringer Ingelheim GmbH and Roche Holding AG are set Thursday to announce a program negotiated with the United Nations to cut the price of AIDS drugs by as much as 90 percent on a continent where more than 23 million people are infected with HIV. The business context for that...
...political third criterion makes the technical problems of the shield pale. When Clinton visits Moscow on June 4 for his first summit with President-elect Vladimir Putin, he wants to make headway on an accord both to slash U.S. and Russian strategic nuclear weapons to between 1,500 and 2,000 and to amend the Anti-ballistic Missile Treaty of 1972 to allow the U.S. to begin building a national missile defense. Instead he may be staring at the collapse of practically every major arms-control treaty...
...challenges pale next to the effect that the Internet rush could have on everyday life in Latin America. For companies, it could slash costs, boost efficiency and broaden markets spectacularly. For governments, it could help burn through centuries' worth of encrusted bureaucracy and cronyism as well as prove a boon to overtaxed education systems. And for ordinary people, it could offer empowerment and social mobility never seen before...
...with crippling bills that often force them to sell off Mom's or Dad's legacy. Supporters? They say the tax helps close the gap between rich and poor. The G.O.P. is mounting a three-pronged attack on the tax. The House tax-cut bill passed last July would slash the estate tax's floor rate to 18% and the ceiling to 50%. Republican Representative Jennifer Dunn of Washington is backing that up with a separate bill that would ease the tax 5% a year until it reaches zero by 2010. And G.O.P. Governor George W. Bush of Texas...
...styled "dissident" AIDS scientists who believe the disease isn't caused by the HIV virus. Mbeki even put a nationalist spin on his angry retort to those who criticized him for giving credence to discredited science. Distinguishing AIDS in Africa as a primarily heterosexual phenomenon that is destined to slash average life expectancy in his region to 47, Mbeki insisted that "as Africans we have to deal with this uniquely African catastrophe" and that simply accepting Western conventional wisdom on AIDS would be "absurd and illogical." Mbeki's remarks, in letter to President Clinton - which administration officials considered so unfortunate...