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However, Hancké describes a scenario in which continued market doubts could drive the value of Greek bonds to junk status, confounding outside efforts to bail Athens out and forcing Greece to simply abandon the euro before it drags the currency down to nothing. "Once that happens, markets then turn...
How worried should we be? Perhaps very, according to a chart from a recent report by Amherst Securities. The chart shows the dollar value of loans that will undergo a 10% or more jump in monthly payments, an amount that plenty of families would find unaffordable considering nearly 1 in...
The two groups of bacteria, called Photorhabdus and Xenorhabdus, reside dormant in the gut of roundworms—also called nematodes—until they are “switched on” to excrete antibiotics, digestive enzymes, and insecticidal toxins.
At least, until now. Early this February, the Hasty Pudding Club ebulliently announced to its members that it would be conducting an “open punch,” abandoning the invite requirement for the first event of its spring membership tryout.
While the move sounds like a bold departure from over 200 years of exclusive tradition, a couple of caveats are in order. This new, open process is not entirely new, nor is it entirely open. From 2001 until 2003, the Pudding was forced to conduct a truly open punch, complete...