Word: steps
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Dates: during 2000-2009
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...fell in currency markets in reaction, Geithner backpedaled. But at the G-20 meeting in London, President Barack Obama joined the assembled heads of state in agreeing to a nearly tenfold, $250 billion increase in the amount of SDRs available to be lent out. (Read "China Takes a Small Step Away from the Dollar...
...decision to create $250 billion in new SDRs marks a "major step" toward establishing the SDR as a global reserve currency, says Stiglitz. It's only a step, albeit enough of one to prompt Republican Representative Michele Bachmann of Minnesota to make the claim that Obama was out to ditch the dollar. Actually, the dollar would live on in an SDR-dominated world. It would no longer reign supreme, but neither would the yen or the euro or the yuan. Which might be the best long-run outcome the U.S. can hope...
...Bangkok Protests, Again After just a few months of relative calm following an extended period of political turmoil, as many as 100,000 protested on April 8 to demand that Prime Minister Abhisit Vejjajiva step down. Supporters of exiled former PM Thaksin Shinawatra rallied outside the home of the privy councilor to Thailand's revered monarch. Thaksin blames the adviser for organizing the 2006 coup that ousted...
...light of the administration’s decision, we strongly urge University Hall to take necessary steps to minimize the negative effects of canceling a “January Experience.” One important step would be for the deans to rigorously follow up on their promise to “work with students to identify interesting opportunities and help them make the connections to pursue them.” This would entail providing guidance and sources of funding much like the university does for summer vacation. Another important step would be clarifying and loosening criteria for students wishing...
Sherry Rehman, a prominent member of Zardari's ruling Pakistan People's Party (PPP) and a former minister, echoes the sentiment but allows that Islamabad should step up in its own efforts to battle the militants. "What is not helpful is saying that it is someone else's war," she says. "Yes, it may have arisen from interventions in the past such as in the Afghan jihad, but this is a very clear [and] present challenge. Whether it is homegrown or not, it is now in Pakistan, and solutions can only come up at a national level. International intervention...