Word: dire
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...That's going to make borrowing crucial. Ireland's budget deficit is projected to rise to 13% of GDP by 2010; Britain's could hit 9.6%. France and Germany are both expected to blast through the 3% ceiling. The region's debt figures are just as dire. (See pictures of the financial crisis hitting London...
Walter Isaacson's cover story about the very likely imminent death of newspapers is exactly the kind of wake-up call people need now [Feb. 16]. I have been a daily newspaper reporter for more than 14 years and have never seen such a dire situation. A world without local, daily papers and the content they provide would be a very sad, uninformed and dull place. Ken Ross, WARE, MASS...
...internships due to the economic downturn. Reid said that some employers were unable to sponsor summer interns this year. Though visa negotiations began before the financial crisis, Robin E. Mount, the Director of the Office of Career Services, said that talks may have been elongated by the dire financial situation. “It’s a very tough time and you’re seeing a lot of protectionism taking place between countries,” Mount said. The U.K. has historically been one of the most popular summer destinations for Harvard students, according to Mount. While Raginskaya...
...over the implications of the indictment. Alex de Waal, a senior fellow at the Harvard Humanitarian Initiative, has argued that an indictment could derail peace negotiations and lead to reprisals against Darfur’s civilian population. But, given the failure of all previous peace negotiations and the already dire situation on the ground in Darfur, this may well be a risk worth taking...
However, with Pakistan's security situation growing increasingly volatile and economic conditions turning dire, there may be a turn in tide between these once intimate friends. "The situation is much different now than once upon a time," says William Kirby, T. M. Chang Professor of China Studies at Harvard University. "India has emerged as a much more powerful force in the region and Pakistan has not succeeded in the way that hopeful and loyal supporters had once imagined. It is now one of the great security risks in the region...