By showing bold leadership now, China could start the much-needed adjustment of global economic imbalances.

ECONOMIST: China should loosen its currency peg��and quickly

Substantially more complex than previous aircraft, the new plane required the pilot to attend to the four engines, a retractable landing gear, new wing flaps, electric trim tabs that needed adjustment to maintain control at different airspeeds, and constant-speed propellers whose pitch had to be regulated with hydraulic controls, among other features.

NEWYORKER: The Checklist

Indeed, Brazil's currency regime may have made much-needed fiscal adjustment harder: now that Brazilians have conquered inflation, they are loth to push through painful budgetary reforms.

ECONOMIST: Exchange rates

More broadly, in the United States, for example, the dollar made artificially expensive by capital inflows related in part to its reserve currency status has prevented the exchange rate adjustment needed to balance our trade in goods and services.

FORBES: The Euro's Dutch Disease

Ohio State confirmed that they already attribute Big Ten Network revenue between football and basketball, so no adjustment is needed for their football revenue number.

FORBES: How The Big Ten Stacks Up Against The SEC In Sports Revenues

PdL supporters have been drifting away from the party since May when the government performed an abrupt U-turn, declaring that a package of painful adjustment measures was needed to prevent Italy going the way of Greece.

ECONOMIST: Italy's beleaguered prime minister

However, German Finance Minister Wolfgang Schaeuble accepted that, later down the road, there could be debt relief if Greece completed its adjustment programme and no longer needed new loans.

BBC: Breathing space for Greece