Word: costes
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Dates: during 2000-2009
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...little sign of the deep spending cuts the country needs to rebalance its books. What's more, reviving growth will mean shifting from an economy founded on domestic consumption to one driven by exports. "That's going to be extremely difficult, given that [the Greeks have] allowed their cost competitiveness within the euro zone to erode massively," says Tilford. "We're still seeing big increases in Greece's wages." (See the top 10 worst business deals...
...works with bulk distributors and a stand at the Harvard Farmers’ Market to buy ingredients. Along with the communal labor, these deals allow the Co-op to offer a significantly lower board cost than the traditional Harvard meal plan. Board was $750 this past semester, according to Robin S. Bellows ’11, while eating at a dining hall cost over $2000 per semester, according to the Financial Aid Office website...
...What's not watered down is the tab. The cost of average tuition rose 6.5% this fall, and a report released on Dec. 1 by the Project on Student Debt showed that the IOU is getting bigger. Two-thirds of all students now leave college with outstanding loans; the average amount of debt rose to $23,200 in 2008. In the last academic year, the total amount loaned to students increased about 18% from the previous year, to $81 billion, according to the U.S. Department of Education...
...author of A Whole New Mind: Why Right Brainers Will Rule the Future says companies want more. They're looking for people who can do jobs that can't be outsourced, he says, and graduates who "don't require a lot of hand-holding." (Read "The Incredible Climbing Cost of College...
...true test of India's new strategic importance is still to come. The Indian Defense Ministry has announced a massive modernization program estimated to cost as much as $100 billion over the next decade. Russia has long been India's biggest defense supplier, but the civilian nuclear deals and safeguards agreement that India has signed with several countries opens the doors for U.S. and European companies to win some of that massive spending...