The report of an expected overhaul of Libor came a day after Gary Gensler, chairman of the Commodity Futures Trading Commission in the United States, suggested that authorities should rework or replace the interest rate.
Based on this model, the optimal number of overhauls and the optimal overhaul interval for minimizing the expected total maintenance cost are also analytically determined.
Specifically, the legislation is expected to overhaul federal sentencing policy, rolling back the harsh punishments that have overwhelmed US prisons with a flood of non-violent drug offenders.
Even with bombs, the Bf 109s were expected to overhaul the bombers and attack London a few minutes before the main raids began.
Besides cutting public spending and raising taxes, the government is expected to overhaul Greece's labor market, crack down on political patronage and official corruption, and privatize various state assets, such as the electrical grid.
The mayor cannot be expected to overhaul municipal government after only a few months in office.
With the Olympic qualifying tournament and two other important international tournaments scheduled from January through March, the United States is not expected to overhaul its system drastically.
As HuffPost previously reported, the education secretary's proposed regulations for Title IX, a federal law meant to ensure gender equality in education, are expected to overhaul the way colleges handle sexual assault allegations.
He had already set aside in his budget what he calls a $635 billion "down payment" toward the overall 10-year cost of the overhaul, expected to top $1 trillion.
At a press event on the morning of 27 October, San Francisco time, Apple is expected to overhaul its MacBook line of personal computers.
