Word: boom
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Dates: during 2000-2009
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...feature what a University press release calls “an unusual pearlescent facade that changes subtly with the day’s lighting.”Together, the projects—to be completed by 2007—comprise the biggest component of an $800 million building boom that is one of the largest in Harvard’s history and is driving the Faculty of Arts and Sciences into a financial squeeze not felt in University Hall since the early 1990s.Notably, none of the three North Yard projects bear the name of a donor.University President Lawrence H. Summers...
...just the beginning. After 15 hikes in less than two years, the Federal Reserve has signaled that it has probably finished bumping up interest rates, but for people who borrowed heavily to buy new homes during the recent boom, the damage is done. Those hugely popular adjustable-rate mortgages (ARMS) have always had a catch--the low initial rates last only a year or so--and the new terms are now kicking in for the latest wave of ARM holders...
...letter outlined Kirby’s priorities and took a retrospective look at his deanship. His four years in University Hall saw a building boom worth almost a billion dollars, the growth of the Faculty from 635 professors to 703, and the beginning of the College’s first full-scale curricular review since the 1970s...
...boom times last? Russia has set aside a portion of its oil revenues in a so-called stabilization fund that tops $55 billion, and Moscow is running a budget surplus equal to 7% of GDP. But economists are worried that the Kremlin hasn't used the fat years to cut back on the remnants of Soviet-era bureaucracy, modernize Russian industry or improve the overall investment climate. "Russia will continue to be hooked on oil revenue for the foreseeable future," says Ivan Szegvari, a Russian-economy specialist at the European Bank for Reconstruction and Development in London. Retailing is booming...
...letter outlined Kirby’s priorities and took a retrospective look at his deanship. His four years in University Hall saw a building boom worth almost a billion dollars, the growth of the Faculty from 635 professors to 703, and the beginning of the College’s first full-scale curricular review since the 1970s...