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It enables humans to draw upon past experience in the present and to plan for future contingencies.
Insurance is for future contingencies, not retroactive mishaps; you can't take out a fire-insurance policy on a house that's already burned down.
Merkel made clear that any direct bank recapitalization, if and when it is allowed, would not be retroactive and could only be applied for future contingencies.
But given its commitments to Ireland, Portugal, Greece and, perhaps, the recapitalisation of the banks, it may have as little as €200 billion for future contingencies.
"NATO planning is an internal process designed to make the Alliance as prepared as possible for future contingencies," the cable said.
The intelligence function comprises the gathering, evaluation and dissemination of information relevant to decision-making, and may include prediction based on such information, as well as planning for future contingencies.
Similar(50)
The Bank said its independent review would "cover the causes of the incident, the effectiveness of the Bank's response and the lessons learned for future contingency plans" and pledged to publish the findings.
Mr. Obama took a step in that direction in 2011, when he rejected a Pentagon request for a permanent standing force of 100,000 or so troops for future "contingency operations" like those in Iraq and Afghanistan.
It is also important for future contingency plan to accumulate information of problematic cases after limited resection [3, 4].
Finally, in 2005, the DISCOM redeployed to Germany to reconstitute and prepare for future contingency operations.
After Operation Credible Sport ended the Army leadership decided the unit was needed for future contingency operations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com