Word: transferals
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...inspire Washington to clamp down on the freewheeling markets. Already Texas Democrat Kika de la Garza, chairman of the House Agriculture Committee, plans to investigate the Chicago exchanges. Congress could decide to beef up the relatively tiny agency that oversees the Chicago markets, the Commodity Futures Trading Commission, or transfer the authority to the Securities and Exchange Commission. "Figuratively speaking, at least," laments a futures broker, "there'll be police in the pits from...
Rarely if ever in 200 years has there been such an affectionate farewell from the nation and from the White House staff, such a graceful and rancorless transfer of authority and such pageantry unmarred by national turmoil or brutal winter weather. It was a class act from the President and his lady, in its own way one of the hardest things the two old troupers ever...
...fitting that during Inauguration week, the stock market should have recovered nearly to its level of Black Monday, the day of the 1987 crash. Fitting, because an Inauguration is more than just a transfer of power. It is a ritual re-enactment of the resilience, the suppleness of American life...
Allowing Japan to buy into U.S. schools worries some American educators, who fear this would be the ultimate technology transfer. But the deals also provide vital links to Japanese business, a chance for American students and faculty to be exposed to that country's culture, and, not incidentally, a source of revenue for U.S. institutions. "I see it as an opportunity," says George Smith, assistant to the president at Warner Pacific. "There is no question that higher education will be more international in the future...
Plant genetics is another option that needs to be energetically pursued. At / the University of California at Riverside, plant physiologist Anthony Hall is working on a way to make cowpeas more tolerant to heat. Other scientists are using genetic engineering to transfer genes from bacteria that act like natural insecticides. But though they have tried, scientists have not yet been able to develop farm crops that are drought resistant. Says Hall: "You can't grow plants without water...