Word: shuts
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...Blame it on Japan's ever reluctant consumer. Household spending has long been the missing piece in Japan's recovery puzzle: every time sustainable domestic demand seems to be around the corner, wallets snap shut again. Part of the problem this time is that companies have been loath to share their record profits with employees. "Economic recovery started in early 2002, and worker income still has not risen," says Jeffrey Young, head of economic and market analysis at Nikko Citigroup in Tokyo. As a result, domestic spending in the third quarter edged up only...
...much the goaltending of Bourdon that shut down Harvard’s offense but the Crimson that took itself out of the game...
...longer expect to hamstring attempts by other nations to form powerful trading blocs as it did in the early 1990’s when it limited the authority of the Asia-Pacific Economic Cooperation and shut down the East Asian Economic Caucus. It may be that for the U.S. to retain its preeminent seat in the world both politically and militarily, it will have to show some leadership economically...
...handed out by local banks and businesses every fall, Harvard students are a large block of customers in Cambridge. We eat at Cambridge restaurants, buy things from CVS, and spend money on local entertainment. Without access to the wallets of Harvard students, many local business owners would have to shut their doors...
...College to limit its liability by imposing overly broad restrictions, it is crucial not to send mixed messages about Harvard’s commitment to international experience. As the University strives to establish a presence in as many corners of the world as possible, it should not shut itself off to foreign locales unnecessarily...