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...going to abide by a February agreement to shut down its lone nuclear reactor. A dispute over $25 million of North Korea's funds which had been frozen in a Macau bank had finally been resolved-the North got its money back-and now the nuclear agreement-"the main act between the North and the outside world," as one of Hill's counterparts put it-could again move forward...
Carried interest is the main way partners in private equity and venture capital--and some hedge funds--are paid. The outside investors in a fund give the inside partners a share of profits (an interest) as compensation for their work. Compensation, whether the weekly pay of wage slaves or risky executive remuneration like stock options, is usually taxed as regular income at rates as high as 35%. But for reasons having mainly to do with the muddled history of partnership law, carried interest is taxed instead at the 15% capital gains rate...
...master. (And also at things like the skimpy-looking electric range that Johnson tucked into the ultraefficient, small kitchen zone.) But even while the Glass House has been scrupulously restored and preserved, there are thousands of less well publicized Modernist homes on a kind of architectural death watch. The main threat comes from buyers with dreams of tearing them down to make way for McMansions. Or at least for homes without a flat roof, the tricky-to-maintain Modernist feature par excellence...
...considering race and started making assignments so that, among other things, no more than 40% of any public school's students qualified for free or reduced-price meals, according to Walt Sherlin, the assistant school superintendent who implemented the plan. Today, student performance is way up - the plan's main objective - while the schools are still diverse. But Sherlin says diversity is a mere coincidence: black and Latino students are almost 10 times more likely than whites to qualify for free meals, meaning racial integration is a byproduct of economic integration...
Another potential obstacle lies among the Arabs: disagreement over how to handle Hamas. That quabbling that could eventually distract the parties from their main aim of getting Israeli-Palestinian talks back on track. Saudi Arabia, which has no diplomatic relations with Israel and did not attend the Sharm el-Sheikh meeting, seeks to restore Palestinian unity along the lines of the Saudi-mediated Mecca Agreement that led to a power-sharing government comprised of Hamas and Abbas' Fatah party. Jordan's King Abdullah, however, is adamant that Hamas be excluded to give Abbas more freedom of action - and also...