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...infighting led the finance minister to resign last month, complaining that he had become "a hostage to politics." The lack of unity on the budget also led the International Monetary Fund (IMF) to delay disbursement of the second installment of a $16.4 billion loan, sorely needed to shore up banks and the wobbling currency...

Author: /time Magazine | Title: Political Fights Sour Ukraine Economy | 3/6/2009 | See Source »

...might capitalize on specific new opportunities,” said one Molecular and Cellular Biology professor who asked that he not be named to protect his relationship with the University. “But now, unfortunately, since we cannot grow, the situation involves making choices.”The delay has compelled the University to plan to relocate stem cell researchers originally bound for Allston to a Cambridge facility currently occupied by faculty members in the MCB department—a move that has triggered backlash from professors who object to the administration’s apparent prioritization of stem...

Author: By Esther I. Yi and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: Life Science Conflict Grows from Stem Cells | 3/6/2009 | See Source »

Late last week, Boston Mayor Thomas M. Menino joined the chorus of dissenters over Harvard’s decision to slow construction of the science complex in Allston and to delay plans for further expansion. The mayor’s office was closely involved with the university in planning and advancing the Allston master plan. Menino expressed his criticism of the Allston slowdown in a strongly worded letter to President Faust...

Author: By The Crimson Staff, CRIMSON STAFF WRITER | Title: Some Explaining to Do | 3/3/2009 | See Source »

...most extensive renovation of The College’s nine river and three Quad Houses, with a $1 billion price tag. But last Tuesday, Yale University President Richard C. Levin announced that construction of two new residential colleges on that campus, in addition to other construction projects, will be delayed, citing a projected 25 percent drop in Yale’s endowment by June. University President Drew G. Faust also forecasted a similarly significant endowment drop of roughly 30 percent by the end of this academic year. Still, Suzy M. Nelson, the associate dean of residential life, said that...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERSS | Title: Economy Will Not Stop House Renewal | 3/2/2009 | See Source »

...their best, that’s all that matters.”With the clock winding down and victory an inevitability, Ryabkina scored again to punctuate the Harvard win with just under three minutes left in the game.Cornell committed a pair of penalties—including a bizarre delay of game infraction when the Big Red’s Catherine White attempted to pick up the puck during a faceoff—Harvard found itself on a 5-on-3 power play.The Crimson pounded the net against an overmatched Cornell penalty kill, and after Mazzotta repelled point-blank shots...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: Harvard Completes Sweep of Big Red | 3/2/2009 | See Source »

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