Word: cutting
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...billions on bailing out their own floundering economies. And the squeeze on the finances of G-8 countries is likely to worsen next year, as governments scramble to lower their deficits rather than risk inflation in the midst of rising unemployment. Overseas aid could then suffer even further cuts. "As governments look to cut deficits, they will look to cut all parts of their budgets, and these parts that are to help the poorest may or may not be cut as part of that process," Bill Gates told reporters in London on Thursday after the release of the DATA report...
...will start her job shortly after the University asked the Law School to cut 10 percent from its operating budget in order to cope with a precipitous fall in Harvard's endowment. And though much of the budget for the coming fiscal year will have been written by Jackson, the acting dean, tough economic times are likely to continue, and Harvard has said support from the endowment will fall still further in the following fiscal year...
...their relationship with the incoming dean, said that Minow's critics say she is not sufficiently able to “say no”—a dangerous quality at a time when hard decisions will have to be made about what programs will be downsized or cut...
...impetus for unsprawling Tysons is a 23-mile extension of the Metro line that will connect Washington proper to Dulles International Airport, with four stops in Tysons along the way. The U.S. Department of Transportation agreed in March to cut a $900 million check for the rail line. But a simple park-and-ride project this is not. To help more people live closer to their jobs, the proposed land-use plan, which the county is expected to adopt in October, calls for adding as much as six times the number of existing housing units, bringing the total...
...What's there to like about this merger? The combined company will effectively cut out middlemen, such as independent concert promoters, business managers, lawyers, agents and venue owners who want a piece of the pie, and allow artists to deliver services "quicker, faster, better and cheaper" to its fans, said Luke Froeb, associate professor at Vanderbilt University's Owen Graduate School of Management and a former senior economist with the FTC and Justice Department. From a stock perspective, Citigroup analyst Mark Mahaney sees significantly bigger growth than Ticketmaster would enjoy...