Word: spites
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Thus far, consumers and non-energy-related businesses have not felt much of a credit pinch. Yet, analysts warn that, in spite of the strong position of the banks, a powerful credit crunch is inevitable. “This is going to be worse than 2008,” said Nouriel Roubini of NYU. “Sure, the banks look healthy now. They have been well-regulated and very prudent. But somebody is going to have to buy up trillions of dollars of these liquidated wind-farm assets. The huge discounts will make it impossible for the big banks...
...place “where the best of thought clings like dead ivy vines upon old dead brick”). Alongside it stands a display on Harvard’s poets, which chronicles the lives of Eliot, Frost, Lowell, and Stevens, and reveals that Gertrude Stein did not, in spite of the popular myth, receive an “A” for writing that it was far too nice a day to take an exam on the final for a William James-taught psychology seminar...
...pleased that the University is making an effort to uphold certain commitments even in spite of budget cuts. Development of the University’s Allston project has somewhat stalled this year due to cuts, but some encouraging progress has been made in certain areas, including a land concession that allows residential development, helping dull the negative effect that halting construction could have on Allston development. We are also glad that the University plans to continue its long-needed project of renewing undergraduate housing despite the budgetary pressure and believe that increasing living space, social space, and privacy...
...spite of these setbacks, however, we see some signs of progress manifest around the world. In India, a country long dogged by misogyny, we took heart in a bill that promises to establish quotas for the number of women in Parliament. However, in spite of its positive sentiments, we did voice concern about the possibility that the bill could further marginalize minorities, such as Muslims...
...choice was particularly sensible given the expensiveness and relative uselessness of such missile-defense programs. Obama’s efforts to please Russia ostensibly paid off when Russian President Dmitry Medvedev verbally backed the concept of sanctions against Iran, a sea change in Russian policy regarding Iran. Nevertheless, in spite of our commitment to diplomacy and reconciliation, we took a tough line against Iran, firmly calling for the U.S. to condemn the nation’s uranium enrichment, crack down on domestic corporations doing business there, and aggressively forge an international coalition against the rogue regime...