Word: problem
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...mounting evidence that, once again, government and business leaders are inching toward the type of beggar-thy-neighbor policies of the Great Depression. "Particularly, I am concerned about the rising dangers of protectionism," World Bank president Robert Zoellick recently said in Singapore. "This financial and economic and unemployment problem is serious enough," he later added. "If we start to trigger a round of protectionism, as you saw in the 1930s, it could deepen the global crisis." (See pictures of TIME's Wall Street covers...
...money: the expanded tax credits for renewables in Obama's stimulus plan. The problem is that credits reduce a company's tax bills, but many renewable energy companies are start-ups that have yet to become profitable - meaning they don't pay enough taxes to benefit from a credit. Until recently, banks like Lehman Brothers bought credits from renewable energy companies and used them to reduce their own tax liabilities - for the good that did. With that market vaporized, Washington can increase tax credits all it wants, but the policy will have little effect. The answer is to make...
...have a problem with people saving desks at Lamont, you probably run with the crowd that waltzes in mid-afternoon during Reading Period, expecting to find an empty desk all for yourself. I, however, have been holed up in Lamont since last Thursday, trying to finish my junior thesis, retiring to the cushy chairs at night, only to drag myself back to my study spot come sunrise. And you think a casual 3 p.m. drop-by warrants a desk? Now don’t get me wrong. I understand how frustrating it is to finally muster the resolve to march...
...walk toward Largo Argentina, to catch the number 40 bus toward home, the taller man called out. “I’m not Jewish, but he is,” he said. “Is that alright?” I smiled. “No problem,” I said to him. I turned to his Jewish companion. “Just give ‘em the handshake and you?...
...some of Burma's other oppressed minorities. Their plight, though, may be a central issue at the next regional ASEAN Summit, which will take place at the end of February in Thailand. By then, observers hope the Thai government will employ different methods in tackling the problem. "Governments in the region need to put together a proactive plan to meet the needs of the Rohingya," says Garcia. "You can't literally make these people go away, as if they were less than human." But for thousands of Rohingya refugees, that is a fate to which they are all too accustomed...