Word: closers
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...Stephanie Sandler, the chair of the Slavic Department, said that she is concerned that “reshaping” might mean merging smaller departments, which would come at the cost of “closer relationships with students, smaller classes, a greater sense of cohesion among faculty, and shared intellectual projects...
...worried much when S&P downgraded the sovereign debt of The Ukraine or the Republic of Kazakhstan. Now, the trouble has moved much closer to home as the credit agency lowered its credit rating outlook for the U.K. from "stable" to "negative." The agency is concerned about the increase in government debt and decrease in GDP. The action may make it more difficult for the British government to raise money or, alternatively, it may force the country to pay higher interest rates. (See pictures of the global financial crisis...
...problem brings the trouble of rising deficits and falling GDP and tax collections closer to the U.S.. The largest purchaser of American Treasuries, China, has already voiced concern about the profligacy of spending that is part of the plan to pull the U.S. out of a deep recession. If China cuts back its purchases of Treasuries, even a bit, interest rates on paper issued in the future could move up substantially...
...junkies have looked on in horror over the past few months as America's most august papers slashed staffs and in some cases morphed into exclusively online entities to weather the worst financial storm the industry has ever seen. On Thursday, however, some of that U.S. media pain hit closer to home, as French readers of the left-leaning Libération popped into newsstands to find their favorite daily nowhere to be found. The reason: managers of the financially troubled Libé decided not to publish on Ascension and five other national holidays throughout the year. It was hardly...
...hour electricity and pothole-free streets where people wander without fear of the random violence that afflicts other urban centers in the country. Who gets the credit? Much of it goes to Iran, which lies less than a hundred miles to the west and is moving closer...