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...sobering report on the finances of the Faculty of Arts and Sciences (FAS), a committee of professors yesterday raised the spectre of budget deficits of over $100 million by 2010 and outlined special measures to dampen the impact of the Faculty’s recent high-cost initiatives.At a meeting of the full Faculty, the three professors, members of the FAS Resources Committee, said the Faculty would begin dipping directly into its endowment by 2010 in order to pay for part of the deficit. Their presentation outlined a plan to “decapitalize” part of the Faculty?...

Author: By William C. Marra and Anton S. Troianovski, CRIMSON STAFF WRITERSS | Title: Faculty Prepares For $100M Deficit | 1/11/2006 | See Source »

...There's a reason, however, that the boast requires qualifiers. Undemocratic, not-so-free-market China continues to set the economic pace with GDP growth exceeding 9%?a fact that seemed to dampen enthusiasm in New Delhi in the face of otherwise encouraging circumstances. In Asia, "China is clearly the leader of the flock," conceded India's Finance Minister Palaniappan Chidambaram. "India is still just part of the flock." That chronic inferiority complex is rooted in industrial policy envy. China maintains a big advantage over India in sectors such as manufacturing, said Chidambaram, because its central government dictates "with brutal...

Author: /time Magazine | Title: India's Real Growth Rate | 12/12/2005 | See Source »

...Commission may balk at suggestions from the icv that Franco's body be moved to a private plot. If the Commission hasn't announced its recommendations by mid-November, the icv pledges to present a bill on the future of the basilica directly to Congress. "We're going to dampen the festivities at least," says Bosch. Whatever happens, Spain has already begun to dismantle the remnants of Franco's legacy. Mass graves of Republican sympathizers are now being excavated by volunteer organizations like Forum for Memory; just last month a related organization, the Association for the Recovery of Historical Memory...

Author: /time Magazine | Title: Farewell To Franco | 11/13/2005 | See Source »

...twin bomb attack on India's financial capital, Bombay, in August 2003. While last week's bombs were likely to have been too long in the planning to be an attempt to disrupt Indo-Pak relief cooperation in the wake of the Kashmir earthquake, they will inevitably dampen the spirit of reconciliation the disaster was beginning to engender. "This is part of LET's overall tactic," said the officer. "To hit everyone everywhere...

Author: /time Magazine | Title: Dark Days of Diwali | 10/30/2005 | See Source »

...even heavy rain could dampen the spirits of the almost 4,000 people who flocked to the Bright Hockey Center on Friday and Saturday nights for Eliot House’s 36th annual ice-skating charity benefit show, “An Evening with Champions.” Skating celebrities and up-and-coming talents from the Boston area and throughout America donated their time to raise money for The Jimmy Fund, which supports efforts at the Dana-Farber Cancer Institute to fight children’s cancer. This year’s Evening co-chairs Kierann E. Smith...

Author: By Cyrus M. Mossavar-rahmani, CONTRIBUTING WRITER | Title: Ice Skating Event Funds Cancer Research | 10/17/2005 | See Source »

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