Plato's stave: academic cracks philosopher's musical code
The New York Times and Washington Post highlight word that the Federal Reserve is considering a plan to buy large amounts of unsecured short-term debt--so-called commercial paper--in an effort to revive the financial system. This "radical new plan" (NYT) would essentially make the Fed "a major funder of a wide range of U.S. businesses facing imminent cash shortages," explains the Post. While the growing financial crisis is putting pressure on government officials to act, the Los Angeles Times points out that if there's a clear message from yesterday's worldwide sell-off it's that investors are increasingly concerned "that government intervention won't be enough to stave off a potentially severe global recession."
The London Stock Exchange plans to set up a pan-European trading platform with Lehman Brothers to stave off start-up rivals eroding its market share, the groups said.
Go to Article from Reuters via The New York Times»
Their results are surprising, even to many of the researchers themselves. The investigators find that while you will slow down as you age, you may be able to stave off more of the deterioration than you thought. Researchers also report that people can start later in life — one man took up running at 62 and ran his first marathon, a year later, in 3 hours 25 minutes.
stave sth/sb off phrasal verb [M]
to stop something bad from happening, or to keep an unwanted situation or person away, usually temporarily:
We were hoping to stave off these difficult decisions until September.
- A narrow strip of wood forming part of the sides of a barrel, tub, or similar structure.
- A rung of a ladder or chair.
- A staff or cudgel.
- Music. See STAFF (sense 5). 《音楽》譜表，五線.
- A set of verses; a stanza.
v., staved or stove (stōv), stav·ing, staves. v.tr.
- To break in or puncture the staves of.
- To break or smash a hole in.
- To crush or smash inward.
- To furnish with staves.
To be or become crushed in.
- To keep or hold off; repel: “For 12 years, we've sought to stave off this ultimate threat of disaster” (New York Times).
[Back-formation from staves, pl. of STAFF1.]
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