Word: budgets
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Dates: during 2000-2009
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...California Gov. Arnold Schwarzenegger's global warming conference were about to convene for panels on the green economy and clean-tech innovation, when the lights suddenly went dark at the Hyatt Regency Century Plaza Hotel in Los Angeles. There was a bit of confusion (given California's state budget woes, one had to wonder whether the power bill was past due), but soon enough the attendees shrugged and continued on with the conference. Having fought to put climate change on the global agenda for years - and now representing perhaps the world's best hope for confronting climate change - a brief...
Yale is now scouring for an additional 5 percent in budget cuts from departments, since administrators had planned for an economic rebound that never came, and humanities and foreign language departments are suffering. “The only area where we can reduce costs is the one area where undergrads need us the most, language instruction,” Benjamin Foster, acting chair of Yale's Near Eastern Languages and Civilizations department, told the Yale Daily News. “But it’s chickenfeed compared to the rest of Yale’s budget...
...held in venues at the brand new Olympic Park in Stratford, East London. Construction is underway at the park's "Big Five" venues - the main Olympic stadium, the aquatics center, the velodrome, the Olympic village and the broadcast/media center. London is on track as far as timing and budget are concerned, which is a feat considering this is the largest building project anywhere in Europe, said John Armitt, head of the Olympic Delivery Authority. The International Olympic Committee has also taken notice: Chairman Denis Oswald said recently he is "greatly impressed by the good progress that London 2012 has made...
...there are some concerns that costs could spiral out of control. London Mayor Boris Johnson has put forth a plan to cut ?20 million ($32 million) from the budget by holding certain events (boxing, shooting, rhythmic gymnastics and badminton) in existing venues such as Wembley Arena - even if this means longer transport time for athletes staying at the Olympic Village. In response to recent opposition from the Olympic Board, which in addition to Johnson includes Lord Sebastian Coe, the LOCOG chairman, the ever-quotable Johnson evoked former Soviet leader Nikita Khrushchev, saying: "If I have to take my shoe...
...Obama Administration seems to recognize the problem. "Let's face it, we have devoted a smaller percentage of our government budget to development than almost any other advanced country, and too little of what we have spent has contributed to genuine and lasting progress," said Secretary of State Hilary Clinton in a July 15 speech at the Council on Foreign Relations. "Too much of the money has never reached its intended target but stayed here in America to pay salaries or fund overhead in contracts." Ironically perhaps, one of the best things Clinton can do is to rebuild and finally...