Word: sectored
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...next month, Japan's reform-repellent banks will close their yearly books and reveal whether their assets, many of them shares on the super-depressed stock exchange, are substantial enough for solvency. (There's serious talk of the government having to nationalize a big part of the banking sector.) Beginning April 1, the government will no longer guarantee bank deposits above $75,000. That signals that the country's downhill coast of the past decade could pick up truly dangerous speed: at the very least, Japanese thought - both collectively and individually - they could live a long time on the savings...
...small sector of the conservative Right (namely Kenan Professor of Government Harvey C. Mansfield Jr. ’53) is up in arms over the high percentage of high grades given to Harvard students. As is usually the case with anyone to the far left or right of the political norm, Mansfield is so maddeningly conservative that reporters feel compelled to grant him interviews, with the guarantee that he’ll say something infuriating to the general public. And of course, once his quotes began hitting the papers last year, public responses from the Harvard administration were necessary...
...JAPAN Bearish Outlook The government got a win in parliament last week, defeating a no-confidence motion against Agriculture Minister Tsutomu Takebe. But the victory was small compared to the mounting challenges for Prime Minister Junichiro Koizumi. The stock market is at 1983 levels, the banking sector may need a bail-out, and, worst of all, Koizumi's popularity, long his biggest asset, is waning: new polls show support for his Cabinet at an all-time...
...their children. The Congress of South African Trade Unions, a close political partner of the ruling African National Congress, allied itself with Achmat's drug purchase in Brazil. Many state doctors and health officials, especially in the rural areas, are quietly accepting offers of funding from the private sector and overseas to obtain antiretrovirals. "It's a revolt that's gone underground," said a KwaZulu health worker. But in some provinces officials have been suspended and doctors have lost government contracts for giving nevirapine without authorization...
...can’t answer even basic questions about why they applied to us. For example, our firm deals predominately with tech companies. The kids that always blow us away are those who can name the tech firms they like and then engage in real conversation about the sector...