Word: systemically
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...central bank controls the supply of money for the EU, and individual countries do not have control over inflation targeting, interest rates, and other monetary issues. Yet at the same time, each country is in control of how much its central government spends and the solvency of its financial system, so Germany independently controls its expenditures and tax receipts, and Greece does the same...
Basic macroeconomics teaches that fiscal and monetary policy are related; therefore, governments and central banks must sometimes be able to take wide-ranging action on both during crises. As George Soros wrote in the Financial Times on Monday, “When the financial system is in danger of collapsing, the central bank can provide liquidity, but only a Treasury can deal with problems of solvency.” Europe is now experiencing an unfortunate situation where member countries can create unsustainable deficits or be home to failing financial systems and for this reason place the entire economic system...
...Persistence of Hope It is precisely that word that makes her views incendiary. "Recovery" from what, exactly? The treatments promoted by McCarthy purport to treat an injury, specifically one to the immune or digestive system of the autistic child - and the agent that activists like McCarthy most commonly point to as the cause of the injury is the MMR vaccine. The antivaccine movement has by now gone through numerous iterations in trying to explain how autism happens. The latest alleged culprit is the sheer number of vaccines: at least 10 administered, in 26 shots, during a child's first...
...South Koreans and Japanese will be rooted in front of their screens for the women's final, as Kim and Asada battle for the gold. The entire nation of Canada will be rooting for Rochette as she tries to make it through this difficult week. Under the scoring system, the less than five points that separate Kim and Asada isn't a huge gap. Asada is planning on throwing in two more triple-Axels, an astounding feat if she can land them, but one that she will need in order to beat Kim, whose technical precision on spins and footwork...
...democratization but of substituting military tutelage with a form of civilian tutelage," says Cuneyt Ulsever, a liberal columnist for the Hurriyet daily newspaper. The AKP has also controversially shelved plans to broaden Kurdish rights, introduce a more democratic constitution and complete a comprehensive overhaul of the justice system that would make it less vulnerable to intervention, both military and political. (See pictures of Kurdish rebels...