Word: totalizer
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...There is an irony to how the ostensibly free-market U.S. has just signed off on a $787 billion stimulus package - equivalent to about 5.5% of total GDP (2.0% for 2009) - while the supposedly interventionist E.U. has struggled to scratch together programs worth 0.9% of its total GDP. The E.U.'s reticence is partly due to fears that piling up debts and deficits to fight the collapse in output and jobs could destabilize the euro zone. It also reflects Europe's confidence that its economies are more resilient to the banking and housing collapses that have hit the U.S., while...
...banks also borrow on wholesale markets, mainly by issuing bonds. About $2.6 trillion of bank funding in the U.S., 20% of the total, comes from such debt securities, according to the FDIC. At the most troubled of the big banks, Citigroup, the figure is 27%. (Citi's domestic depositors account for just 16% - its main deposit base is overseas.) These bank bonds are mostly in the hands of large, sophisticated institutional investors - pension funds, insurance companies, mutual funds. It may be too much to ask small depositors to monitor the risks at the banks where they put their money...
...crop. Every almond we eat is the result of multiple acts of pollination; without a massive number of bees to flit among the blossoms, growers say, almond trees would produce scarcely a tenth as many nuts. That's why, every February, more than a million beehives--with a total of some 20 billion bees--are shipped in on flatbed trucks from all over the country. (Video: TIME visits the buzzing almond orchards of northern California...
...We’re hoping for a total of nine breasts...
Freshman proctors may see cuts in their meal plans next year, according to Dean of Freshman Thomas A. Dingman ’67. He said both cuts in the 15-meal per week allotment for proctors and a total abolishment of the proctor guest meal plan are on the table. “The proctors work hard and this is an important part of their compensation,” he said. “We want their presence in the dining hall.” While proctors emphasized the importance of interacting with students—especially in Annenberg?...