Word: staving
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Dates: during 2000-2009
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Losing more than $1.6 million a day, Alitalia said in February that its cash reserves had dropped to $263 million. With money rapidly running out, and no good offers on the table, the board may well opt for filing bankruptcy to stave off creditors and force lay-offs and an organizational overhaul. Italian officials say most service would likely continue while the financial restructuring is underway...
...Monoline bond insurance companies, such as MBIA and Ambac Financial Group Inc., have been hit the hardest as they scramble to raise capital to cover possible defaults and to stave off a downgrade from the ratings agencies. It was this group's foray out of its traditional municipal bonds and into mortgage-backed securities that caused the turmoil. A rating downgrade of the monoline companies could be devastating for banks and others who bought insurance protection from them to cover their corporate bond exposure...
...them, coca has been a cultural cornerstone for 3,000 years, as much a part of daily life as coffee in the U.S. (La Paz is home to perhaps the world's only coca museum.) From the countryside to swanky urban hotels, it is chewed or brewed to stave off hunger or exhaustion or to ease the often debilitating effects of high-altitude life in the Andes. It is also "used by healers and in ceremonial offerings to the gods," says Ana Maria Chavez, a coca seller in La Paz, who refers to her product as "the sacred leaf." Pope...
Harvard women’s lacrosse (4-1) got out to an early lead against Quinnipiac (2-3), then shifted gears to stave off a Bobcat rally in the second half of yesterday’s match at Quinnipiac Lacrosse Turf Field and secure a 13-10 victory. A trio of hat tricks from junior Kaitlin Martin, sophomore Sara Flood, and freshman Jess Halpern led the charge. “We always talk about how great it is to go ahead at the start,” co-captain Lauren Bobzin said. “[Martin, Flood, and Halpern] contributed...
...Chewang Norphel has gone beyond prayer. The 73-year-old civil engineer has come up with a solution that won't exactly save the ancient glaciers, but it could stave off a looming irrigation crisis. Norphel has created artificial glaciers, frozen pools of glacier run-off perched above the farmers' fields, which thaw just in time for the start of growing season in April - two months before water from the distant natural glaciers is expected to arrive. The slanted pools melt into irrigation channels over the next six weeks, watering crops for villages of roughly 500 families...