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...know, the current projection of a 30% decline in our endowment presents the FAS with a substantial financial challenge. To help address this challenge, we will need to draw upon our endowment at a higher spending rate than we have historically. Even with a higher spending rate, we still face a large gap in funding. Based on preliminary estimates, we need to plan for a cost reduction of $105 million to $125 million relative to this year’s (FY2009) budget. In other words, even if we do not take on any incremental expenses (such as a salary increase...
...article in Foreign Affairs magazine, U.S. Secretary of Defense Robert Gates writes, "Over the long term, the United States cannot kill or capture its way to victory. Where possible, [military] operations should be subordinated to measures aimed at promoting better governance ... and efforts to address the grievances among the discontented, from whom the terrorists recruit." But so far, the U.S. is failing to do that. With the possibility that Indian threats of retaliation over last month's terror attacks on Mumbai could force Pakistan to move its military to the east from the Afghan border, where it is currently fighting...
...rioters. Still, the 45,000-strong police seem unable to find a way to quell the unrest. Dokos says the situation has spiraled out of control because "the government made the assumption that police intervention would have inflamed the crisis even further." In a prime-time televised address to the nation, Costas Karamanlis called those who engage in acts of violence and vandalism "enemies of democracy" and asked for unity in order to isolate the radical elements...
...Center, Malkin Athletic Center, and The Democracy Center at 45 Mount Auburn Street for reasonable fees, while lowering the currently prohibitive cost of BAT teams and HUPD details. This immediate action, coupled with the ticket’s long-term goal or procuring a permanent student center, will hopefully address the unfortunate dearth of venues for student socializing.In addition, Schwartz and Biggers are committed to addressing the unfair punishments and perverse incentives created by Harvard’s ill-conceived policy that holds student group leaders accountable for individuals who drink at their parties. As Vice-Chair of the Committee...
...cope with a plague of scandals and an economic slowdown that threaten its slim one-seat majority in Parliament. "For the past five years, Greek citizens have realized that they live in an insecure environment, both socially and financially," said center-left opposition leader George Papandreou. "We must address responsibly the deeper causes of these phenomena." (See pictures of the recent riots in Belgrade...