Context and question: To other analysts the delay between CRA rule changes (in 1995) and the explosion of subprime lending is not surprising, and does not exonerate the CRA. They contend that there were two, connected causes to the crisis: the relaxation of underwriting standards in 1995 and the ultra-low interest rates initiated by the Federal Reserve after the terrorist attack on September 11, 2001. Both causes had to be in place before the crisis could take place. Critics also point out that publicly announced CRA loan commitments were massive, totaling $4.5 trillion in the years between 1994 and 2007. They also argue that the Federal Reserve’s classification of CRA loans as “prime” is based on the faulty and self-serving assumption that high-interest-rate loans (3 percentage points over average) equal “subprime” loans.
When were ultra-low interest rates initiated by the Federal Reserve?
Answer: after the terrorist attack on September 11, 2001
Context and question: The Brazilian federal constitution states that the power to enter into treaties is vested in the president and that such treaties must be approved by Congress (articles 84, clause VIII, and 49, clause I). In practice, this has been interpreted as meaning that the executive branch is free to negotiate and sign a treaty, but its ratification by the president is contingent upon the prior approval of Congress. Additionally, the Federal Supreme Court has ruled that, following ratification and entry into force, a treaty must be incorporated into domestic law by means of a presidential decree published in the federal register in order to be valid in Brazil and applicable by the Brazilian authorities.
In what office is the power to enter into treaties vested according to the Brazilian federal constitution?
Answer: president
Context and question: Synnecrosis is a rare type of symbiosis in which the interaction between species is detrimental to both organisms involved. It is a short-lived condition, as the interaction eventually causes death. Because of this, evolution selects against synnecrosis and it is uncommon in nature. An example of this is the relationship between some species of bees and victims of the bee sting. Species of bees who die after stinging their prey inflict pain on themselves (albeit to protect the hive) as well as on the victim. This term is rarely used.
What type of relationship harms both organisms?
Answer:
Synnecrosis