Word: stemming
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...savers at British bank Northern Rock, the days of worry may be waning. But it took a bold intervention by the U.K government to accomplish. Hoping to stem depositors' panic about the Northern Rock's solvency after it announced last week that it had requested an emergency line of credit from the Bank of England (lengthy lines of customers waiting to withdraw their savings have been a frequent sight outside Northern Rock branches for days), Alistair Darling, Britain's Chancellor of the Exchequer announced yesterday that the government itself would guarantee the bank's customers' money in the (very unlikely...
...student takeover of University Hall to protest the Vietnam War. With it went the close ties between Harvard and the military that defined the institution during World War II and even into the Kennedy administration. While bringing ROTC back to campus should not be conflated with studying war, both stem from the Faculty of Arts and Sciences’ continuing apathy toward a more comprehensive study of national security. The biggest misconception is that the study of war implies a support for conflict. Yet if pacifists renounce the study of war, they surrender expertise to its natural adherents: the hawks...
...University expects to receive approval for its long-anticipated science complex from the city within the next few weeks. It filed its draft project impact report, a document exceeding 1,000 pages, in June for the buildings, which will house the Harvard Stem Cell Initiative, giving the public 90 days to review the proposal...
...ethics "swamp" and end partisan arm wrestling. But accomplishing all that is tricky when the opposition party still controls the White House. So far this year, President George W. Bush has vetoed war-funding legislation that included a timeline for withdrawing troops from Iraq and federal funding for stem-cell research--and he has issued veto threats for 77 other bills...
Hoping to duplicate the electoral success of the Contract with America, Democrats ran on a platform of "Six for '06." As of late summer, two of the items--9/11 reforms and an increase in the minimum wage--had become law, while Bush had vetoed funding for stem-cell research. Proposals to reduce subsidies for oil companies and expand Pell grants remain tied up in conference committees; a bill to fix Medicare's prescription-drug problem has stalled in the Senate. Still, the GOP passed only two of the 11 Contract with America items in its first year back...