Word: downturning
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...Companies are not the only organizations that do not have the money to advance the cause of the environment in an economic downturn. Charities such as Greenpeace or The Sierra Club are probably suffering from a reduction in donations which will decrease their ability to accomplish the goals they have set for themselves...
...past year, as the world economy has plunged into recession, governments have pledged to spend as much as $5 trillion of taxpayers' money to ward off a prolonged slump. For the most part, these massive programs are based on little more than theory: nobody advocating them has experienced a downturn as dramatic as this one. But Dagmar Szabados has seen such spending before - she knows what it's like to be on the receiving end of a gigantic fiscal infusion. Szabados, a chemist by training, is the mayor of Halle, a mid-sized town in the middle of what used...
...economic crisis strikes - this time a global one - Halle isn't immune. Its economy has crashed in the past six months. Across the region - but especially in places like the town of Eisenach, where a new auto industry has been built up over the past few years - the latest downturn is biting, though local officials stress that at least their position is better now than it was. "We're certainly in a crisis," says Peter Haimann, president of Halle's Chamber of Commerce and Industry, "but we also have much more flexibility to face...
...Your cover story made serious reading. But the present downturn could be a blessing in disguise for some countries, since highly skilled professional talents can transfer their skills and become useful in their often poorer home countries. Though their salaries may not be as good as the previous jobs they held, they might find more security in the comfort of the familiar rather than in an uncertain position in an alien land, and both they and the countries that welcome them back will benefit. Philip Verghese, Secunderabad, India...
...Additionally, FAS has become overstuffed in recent years with a number of financial administrators, a hiring binge that took place out of a desire to get a better handle on the FAS endowment and gear up for a new capital campaign. With the downturn making these concerns largely irrelevant, the finance staff seems like a logical place to scale back. The newly hired deputies of administrators like Associate Dean for Finance Deena Giancotti and Senior Associate Dean and Director for Development Paul Keenan could likely go, given that FAS operated adequately without them just a few years...