Another IMF initiative that should be commended is the new facility, called CCL (contingent credit line), created to control contingencies that might arise from external shocks.
"The $260 billion to $300 billion cushion should suffice to meet contingencies that might arise".
"We must now be ready for contingencies that seemed virtually impossible just a few months ago".
Planning for the other contingencies that might be in store will be difficult.
The narrative of individual ascent in America often elides the many frail contingencies that make success possible.
He held the rest in reserve for contingencies that may or may not put them to use.
He was never distracted by the contingencies that might combine to make the elimination of Hitler unnecessary.
Speculating about sparks that failed to ignite versus sparks that did and contingencies that failed to materialize versus contingencies that did is one of the reasons people like to write history and like to read it.
The plans presented to Mr. Bush will include several contingencies that depend heavily, officials say, on how Mr. Hussein leaves power.
The Pentagon, along with Central Command, has established a similar group of planning cells, known as "crisis action teams," focused on contingencies that could involve the American military.
All the military contingencies that have been developed by the Pentagon involve a serious commitment of resources, with no low-cost options as in Libya.
