Word: annualized
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...become a predictable September ritual: officials from the world's oil-rich nations fly into Vienna for their annual OPEC meeting, huddle around a gleaming conference table and decide how to push oil prices up or down by closing or opening the spigots on their vast resources - about two-thirds of the world's total reserves. At this week's meeting, however, OPEC's oil ministers attempted an even trickier acrobatic act: staying in place...
...third annual service issue, we've tried something a little different. The first issue was "The Case for National Service," a full-throated call for universal service by Americans young and old. Last year we did "21 Ways to Fix Up America" and convened a summit on service with ServiceNation, a coalition of more than 200 organizations. The high point of that summit was a televised conversation that Judy Woodruff and I had with candidates Barack Obama and John McCain at Columbia University on the evening of Sept...
...unprecedented drop has dramatic ramifications for Harvard’s schools, some of which rely on annual payments from the endowment for more than half their income. The Faculty of Arts and Sciences, the University’s largest school and home of Harvard College, drew 52 percent of its revenues from the endowment last year. Planning for a precipitous drop in endowment size has already resulted in $77 million in budget cuts at FAS, and administrators are looking to cut another $143 million this year from a budget of just over $1 billion...
TIME: So this is for our third annual national service issue. And that is a great thing. I remember last year we did one that was the setup for the national service summit that we did with you and Senator McCain. So it's a year later - The President: Which was very cool. That was a great forum...
...limits of relying only on philanthropy for some core functions that have to be dealt with. We're in the midst of a health care debate right now, and there was a story a couple of weeks back about the free health care that was provided on an annual basis in California, but they do the same thing in Virginia, where doctors and nurses all gather for three or four days; anybody can come and get health care, and there were just thousands of people showing up. That can't be sort of an efficient, effective...