Word: standardization
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Just 13 months ago Mejia and his cohort were global celebrities. A world used to watching Latin American students march for Che Guevara causes did a double take: these undergraduates were pouring out of campuses to oppose the new standard bearer of the Latin left. And they weren't all children of right-wing oligarchs. Many were leftists themselves, with first names like Stalin. Their beef, they said, wasn't so much with Chávez's Bolivarian Revolution, which many of them acknowledged had finally enfranchised the poor in a country that has the hemisphere's largest oil reserves...
...their earnings are used to purchase shares rather than being retained as cash. Worse, sometimes banks borrow money in order to buy back shares, upping their leverage and lowering their capital at the same time. In the past four years alone, the nation's largest banks, as defined by Standard & Poor's, have spent $300 billion buying back stock...
...welcome as that change will be, it may be less urgent now - owing primarily to the work of scientists like Melton. While embryonic stem cells remain the gold standard for any treatments that find their way into the clinic, newer techniques using the next-generation stem cells may soon surpass the older ones...
...then, perhaps as early as March, they'll launch their biggest lift with the beginnings of a plan to reform Social Security and Medicare, the two entitlement programs that, even before the economy collapsed, were threatening the Treasury with bankruptcy. By any standard, it is a massive three-month agenda fraught with political risk. The key to getting it all done, Summers says, is entering into a "compact" with the country "that this isn't just government as usual throwing money at things." When Obama unveils his annual budget in late February or March, Summers promises that the President...
...unclear where the 16,000 sets of armor are currently located or being used. Body armor is now standard issue for all military personnel in war zones like Iraq and Afghanistan. Since 2001, the U.S. military has sourced body armor from nearly a dozen manufacturers. Almost from the start of the war in Iraq in 2003, the military has been criticized for failing to supply armor in sufficient numbers; more recently, the criticism has centered on the quality of the armor...