Word: three-year
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Athens has scrambled to calm jittery investors and skeptical European Union partners that it can clean up its mess without any assistance. In mid-January the Papandreou government, which has to raise $75 billion to close its gaping fiscal shortfall, announced an ambitious three-year austerity plan to reduce the deficit to 2% of output by 2013. "Greece is playing by the euro zone's rules and it will put its house in order," Greek Finance Minister George Papaconstantinou tells TIME. "To borrow words from an ad: Watch this space...
...this year. Obama blamed the shortfall in part on the "decade of profligacy" under his predecessor, including two wars and tax cuts for the wealthy. Propping up the fragile economy, he added, remains a top White House priority--and it's not cheap. While the proposed budget includes a three-year freeze on discretionary spending and other deficit-reduction measures, it also calls for such job-creation measures as tax breaks for small businesses and infrastructure-investment programs...
...Wednesday, the first draft of DSM-V was published online, kicking off a three-year process of public comment and further revisions that will culminate in a new and improved version come 2013. Orthorexia is not listed in this new draft and, despite the ongoing efforts of various eating-disorder groups, is unlikely to make its way into the final edition...
...spite of his proposed three-year freeze on all domestic discretionary expenditures unrelated to defense, homeland security, or veterans’ affairs, President Obama’s $3.8 trillion budget for 2011 will actually increase spending for various education programs. We welcome the influx of money to a system in dire need of help, and take heart that Obama sees education as a priority even during trying financial times...
...named him one of the country's top 10 lawyers. But his work on sensitive cases, most notably representing members of the banned Falun Gong spiritual movement, led to his being seen as an enemy of the Chinese state. He was convicted of subversion in 2006 and given a three-year suspended sentence. In 2007 state security officers detained Gao after he wrote letters to the European Parliament and U.S. Congress complaining about human rights in China. During his 10-day detention he was subjected to grotesque and brutal torture, according to his written account. Gao said he was warned...