He's loosening Heaven's laws.

The price of ICTs goods and services has fallen because of technological advances, increased competition and loosening trade restrictions.

One after another, they abandoned the gold standard, depreciating their currencies. By loosening credit in this way, they recovered, one after another, from the Great Depression.

And here was the clincher By committing themselves to fiscal tightening, finance ministers gave themselves scope for some fiscal loosening. Proclaiming fiscal virtue enabled them to practice fiscal vice.

Critically, the package should be financed by government bonds issued by the Ministry of Finance, not by commercial banks via local government financing vehicles. Any loosening of monetary policy should be aimed directly at accommodating fiscal policy.

The final source of uncertainty is the corporate sector. So far this year, healthy companies have slowly been loosening their purse strings a notable departure from the risk averse behavior that has prevailed since the global financial crisis.

But policymakers must recognize the damage being done by excessively high real interest rates. Monetary loosening is vital to prevent growth from slowing further, and thus to ensure economic stability at home and maintain the momentum of recovery worldwide.

We are fully aware that our resource constraints are such that our chances of loosening poverty's grip may be slim and that achievement of the first seven Goals is intrinsically linked to the eighth, namely establishment of international partnerships.

Reform suggested a loosening of central controls on economic life, undertaken in a spirit of pragmatism and gradualism, as an antidote to Mao Zedong s ideology of revolution. Similarly, opening heralded the PRC s integration into the world community especially the capitalist West.

This situation will remain manageable only if oil prices stop increasing. And yet, the opposite is more likely, with domestic inflation a danger aggravated by central banks loosening of money supply to help commercial banks bringing the threat of higher interest rates.

Such robust military action, in the form of cordon and search operations and the setting up of checkpoints, is aimed at loosening FDLR command over those who may wish to voluntarily turn their weapons in to MONUC and be repatriated to Rwanda.

The number of daycare centres has increased sharply since the 1970s, partly as a result of women's increasing participation in the labour market, and the loosening of family and other ties, which used to play a major role in the care of children.

In fact, the PBOC has little choice but to engage in monetary policy loosening. But it can avoid the pitfalls of such an approach by placing it within a broader, more comprehensive strategy that accounts for the underlying causes of the increase in funding costs for businesses.

Nevertheless, the risk of a severe recession and of a serious banking and financial crisis will ultimately force all G7 central banks to cut rates. The problem is that, especially outside the US, this monetary loosening will occur only when the G7 and global recession become entrenched.

It is more than odd to argue that the rest of the world has to cope with a built in advantage for China s exporters because its authoritarian political system cannot cope with any change. No wonder the impressive premier is thought to favor some political loosening.

Abe has proposed relaxing visa conditions for expatriate workers but immigration on a scale that would make a major economic difference is unlikely, given the homogeneity and insularity of Japan s traditional culture. The difficulty of loosening limits on immigration will require Japan to mobilize its underused female human resources.

In fact, the rising cost of intermediation largely a result of the distortions in China s financial system is among the most important factors driving the rise in borrowing costs for Chinese businesses. That is why further monetary loosening by the PBOC, though necessary to address faltering growth, will not be enough.

The decrease in the number of fines imposed by OFAC on institutions in the first quarter of 2005 compared to the 45 imposed during the same period in 2004 is not the result of a loosening of the embargo but of terrorism and its adverse impact on business with Cuba.

R. Bradley and E. Rim, Loosening the Reins Autonomy Boosts Cuban Medical Industry . In Harvard International Review, Fall 1994, p. 66 quoted by Denial of Food and Medicine THE IMPACT OF THE U.S. EMBARGO ON HEALTH NUTRITION IN CUBA, A Report from the American Association for World Health, March 1997.

Exclusion, social inequality that has become ever more instigating, urban poverty, precarious nature of rural life, internal and international migration in search of better standard of living, and the loosening of community ties are all factors that render children more vulnerable, particularly girls and children living in the greatest poverty.

Where such loosening of the bonds is still not enough, it may be possible in some cases to arrange an amicable divorce, as happened when Czechoslovakia peacefully divided into two sovereign countries in 1993. But absolute demands for self determination are likely to become a source of endless violence unless handled carefully.

This year, the emerging economies are worried about a tightening of global monetary policy, not the policy loosening that three years ago fueled talk of currency wars. As the Fed tapers its purchases of long term assets, including US treasury securities, it is a perfect time for the ECB to step in and buy some itself.

But changes in the judiciary s composition, Gül s 2008 accession to the presidency, and a 2010 constitutional amendment allowing military officials to be tried in civilian courts contributed to the gradual loosening of restrictions on Erdoğan s authority. More than 400 generals have been imprisoned for allegedly plotting coups, in many cases on the basis of patently fabricated evidence.

In addition to short term policy headaches, stronger currencies carry potentially significant costs in terms of hollowing out industrial and service sectors. So, after a varying mix of tolerance and heterodox responses, officials are pulled into loosening their own monetary policy in order to weaken their countries currencies or, at a minimum, limit the pace of appreciation.

In the US, the two day Federal Open Market Committee meeting on June 29 30 is likely to mark a major turning point, reversing the steady decline of the benchmark federal funds rate since Alan Greenspan began loosening monetary policy in 2001. This is likely to be followed by rate increases in China, the Eurozone, and elsewhere.

For its part, the People s Bank of China (PBOC) has engaged in cautious monetary loosening, which includes freeing up more funds for lending by banks that allocate a certain proportion of their total loan portfolio to SMEs. The PBOC, through its pledged supplementary lending program, has also started lending directly to banks that have promised to use the funds for social housing construction.

Furthermore, in the Greater Middle East, the fall of one secular dictatorship after another, coupled with the loosening of external control, has incited new and rekindled old suspicions, religious disagreements, and mistrust of outsiders in general and the West in particular. As a result, the region has entered a period of conflict, social degradation, rising nationalism, and growing religious fanaticism.