Word: constraint
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Dates: during 2000-2009
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...comes to chaotic situations, Hungary has seen the worst: The stark depreciation of the florint in international markets means that over half of the mortgages in the country (denominated in euros, just like everything aimed to tourists in Budapest) have become unpayable. Macroeconomically, the state has faced a similar constraint: Therefore, the World Bank, the EU, and—most notably—the IMF have agreed to provide funding to avoid disaster. On Thursday, it was announced the country would receive over $25 billion of international bailout funds to last through the year. As David Hechlam, a director...
...divert resources from already existing artistic endeavors on campus. But Tom Conley, professor of romance languages and literature and visual and environmental studies, stood with arms akimbo at the podium and sought to allay Lewis’ concerns. “‘Art is born of constraint, and it dies of liberty,’” Conley recited in French. “I hope that this will soften...your remarks to some extent.” —Staff writer Bonnie J. Kavoussi can be reached at kavoussi@fas.harvard.edu —Staff writer Esther...
...Mumbai investigation, and make it clear that its soil cannot be a training ground and safe haven for terrorists. Pakistan’s recent raid and arrests at a suspected Lashkar-e-Taiba training camp gives us reason to take heart. India must exercise extreme caution and constraint in its response and show a willingness to work with the Pakistani government during these troubled times. Diplomatic intimidation and flexing of military muscle will serve no productive end. Furthermore, Delhi must collaborate and provide the Pakistani authorities with credible and specific evidence if it expects any significant response. Peace talks, trade...
...pause on all vacant positions yesterday. While no further changes have been announced, University spokesman John D. Longbrake wrote in an e-mailed statement that “the Harvard community needs to be prepared to absorb unprecedented endowment losses and to plan for a period of greater financial constraint.” BROWN UNIVERSITY Brown has instituted a hiring pause through January of all administrative and staff positions as a result of voluntary turnover...
...sufficient. The Treasury may yet go back to Congress begging for additional dollars from a new administration if the initial allowance doesn't yield sufficient liquidity. And having fewer junky assets on their books may not cure banks of stinginess in the current climate of constraint. "Once confidence is destroyed, it's not easily restored," says Angel...