Word: tighteners
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...finance this initiative. Harvard, like most research universities, depends on federal funding to conduct research. In 2007, Harvard received $329 million in grants from the National Institutes of Health (NIH), the largest source of federal funding for research. Over the past eight years, the Bush administration has repeatedly tightened the purse strings of the NIH; today only one in every four grant application is funded. Federal budget constraints will continue to tighten in the next few years, even if the credit markets begin to thaw. As the stock market continues to fall and central banks race to cut interest rates...
...That's because credit markets, which affect the ability of businesses and governments to borrow to fund day-to-day operations, continue to tighten in Asia as banks become more nervous about lending. In Hong Kong, the one-month interbank lending rate has doubled in the past month to 4%. Central banks are trying to pump liquidity into financial markets to avert a credit crunch. India on Monday cut the amount of cash that banks must deposit with the central bank in an attempt to loosen credit. "Credit markets are quite global," says Kirby Daley, senior strategist at financial services...
...pray that the credit market doesn't tighten any further...
...Helsinki After Killings, a Crackdown In the wake of a second school shooting in 10 months--which claimed 11 lives at a trade school 180 miles (290 km) northwest of the capital--the government announced it will move to tighten Finland's lax gun laws by submitting amendments to Parliament that would restrict licensing and deepen background checks. The nation's strong hunting tradition has spurred one of the world's highest rates of gun ownership...
...fourth time in as many minutes. Obligingly, my classmates and I traverse the dance floor like tragic auditioners for a hip-hop video. We, the participants in the High Heel Fitness Class & High Heel Walking Workshop, need more hips. We need to move our knees more. We need to tighten our core. We need to hold up our chests. We need, in short, to learn to walk again. This time in heels...