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...waste, but it remains wasteful, almost as wasteful as before,” said Howell. “This measure doesn’t even begin to root out the government waste in city and town spending.” Yet legislators argue that the initiative will affect the aid the state can give to local communities. “One would find it hard to believe that they would be able to lose 40 percent of revenue stream and not have to reduce state aid to local cities and towns,” said Cambridge Budget Director David...
...Sciences Fellowships, the school announced last month. The award, which was established this past January, provides first-year MBA students who have a background in the life sciences with a one-year, $20,000 grant. The grant does not affect the winners’ eligibility for need-based financial aid from the Business School. Michael T. Derse, one of this year’s recipients who graduated from Stanford in 2004 with a degree in mechanical engineering, became interested in designing medical devices during his junior year of college when he joined a team trying to help a saxophonist suffering...
...chemical had reached American shores. We urge policymakers on both sides of the Pacific to better regulate and police the trade agreements that govern Chinese imports into the United States.Beijing’s foreign policy priorities should also be scrutinized. We are especially concerned by its continued foreign aid to the oppressive military regime in Myanmar, which has shot its own people on the streets and refused to allow legitimately elected leaders to take office. China’s refusal to put real pressure on the autocratic North Korean government – by stopping fuel oil shipments...
...Japan, which has the world's second-largest economy, was the No. 1 provider of overseas aid in the 1990s. After years of sluggish economic growth, the country ranks fifth among donor nations according to the organization for Economic Cooperation and Development. (Aid has fallen by about 40% and is a hit to Japan's diplomatic clout). In an Oct. 3 speech, Sadako Ogata, JICA's president since 2003, chided Japanese society for its lack of support of foreign aid and questioned the country's ability to play a leadership role in areas such as alternative energy development...
...Japan's motives are not entirely altruistic. The economic rise of China, India and other countries means resource-poor Japan faces increasing competition for commodities such as oil and metals. Foreign aid is a way to cement relationships with potential trade partners. Development experts such as Jeffrey Sachs, Special Advisor to the United Nation's Secretary General on development goals, say that China is providing billions of dollars each year to Africa, although no one knows the official figure. Japan's trade with Africa, about $25 billion, is about one third of China's trade with the continent. Tokyo...