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Retailing for about 100 rubles each (or close to $3), Russians can buy them at wholesale at Udelnaya for half the price. For most Russians, medicinal leeches are not looked upon as exotic or primitive. Under Communist rule, leeches were readily available for sound therapeautic purposes. "It was mandatory for each pharmacy to have 25 leeches in stock at a time," says Nikonov, who has worked at the Center for 19 years. He is very proud that the rest of the world is now catching up to Russia. (Check out the story of a modern-day exorcist...
...credit enhancement techniques, tranches are rated differently because each one is paid sequentially, with interest and principal payments on the underlying loans first going to the senior most tranche and the last payments going to the most junior. Effectively, the tranches are, at least in part, rated differently based upon the order in which they receive payment from the underlying loans. In the event of default, the junior most tranche may receive less than their regular return because they are the last tranche to be paid. In order to compensate for the increased risk, the more junior the tranche...
...shows that implementing such a tax may actually increase the ranks of the uninsured and raise premiums for people with coverage. "Taxing health-insurance benefits would encourage the young and healthy to opt out of [risk] pools," says author Elise Gould, EPI's director of health-care-policy research. "Upon their exit, premiums would likely rise for those remaining." (Read about what your health-care plan won't cover...
...political legacy of Nehru-era socialism to education, the deeply entrenched caste system, and urbanization. But his reliance on platitudes and wide-eyed optimism is cogent only to a point: the hows are lost in the dust of repetitive hopeful declarations ("a different type of moment seems to be upon...
...Those measures created a budget that was arguably sustainable once upon a time, with deficits that were smaller than the projected annual growth in the economy, while Obama still managed to make significant investments in education, energy and health care. But the economy appears to be shifting. And unless Obama finds a way to shift as well, or the economy recovers in a way some economists now think unlikely, Obama's new "Era of Responsibility" may be viewed by historians as no more than another predictable attempt by a political leader to repaint the sides of a sinking ship...