Word: cuts
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Dates: during 2000-2009
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...lesson Lawrence Summers mastered with great ease. But after nearly a decade working beside sphinxlike Alan Greenspan, and having watched his own tenure as president of Harvard cut short by a phrase that slipped too nimbly from brain to mouth, Summers, director of the President's National Economic Council, has become a restrained public man. Gone are the days when he would glibly compare flailing financial markets to jet crashes, as he did to TIME in 1999. He is mindful of how ill-considered asides by policymakers can cause financial-market angina. So you can probably imagine the ripple that...
...Russia OPEC has no control over one very important energy powerhouse: Russia. Russia's Energy Ministry reported this week that for the first time, the country's exports (about 7.4 million bbl. a day) outstripped those from Saudi Arabia, which has the world's biggest oil reserves. Saudi Arabia cut its production last year in order to prop up world oil prices and is easily the bigger potential oil producer. But oil analysts say that by ignoring OPEC's calls for production cuts, Russia has shown OPEC how little power it wields over non-OPEC producers. Although Russian officials told...
...which according to Manoogian has a system of security measures in place that meets recommended practices for museum security—has never faced the embarrassment of a successful heist. Still, a few crimes have been attempted, according to one Sackler guard. One Degas showed subtle signs of being cut out of the frame, although the culprit was never caught in the act and disappeared among the crowd...
...imprudent” to decrease the overall size of the faculty. Yale will continue to conduct searches for researchers specializing in neuroscience, cancer, and cardiovascular disease since “outstanding laboratory facilities are in place,” but at the same time, the university will cut spending related to these labs by over 25 percent, the letter said. During the past year, two prominent medical researchers departed Harvard for Yale, recruited as part of Yale’s aggressive expansion into cutting-edge fields. Former Harvard Medical School Professor David A. Hafler was appointed chair of Yale?...
...stay in the black, the Rogerses cut all worker hours 10% at the beginning of August, which saved jobs but lowered the wage dollars available to the community. Rogers isn't even the worst off - his cheap buffet can still fit into many tight budgets. O'Neil says other restaurant owners in town tell her they're down 25% in 2009. Big Al's diner closed in February...