Word: dropped
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...Berkeley, will see recruitment of faculty drop from the normal 100 positions a year to 10. At 28,000-student UC San Diego, ranked along with Berkeley and UCLA among the world's top 20 research universities, recruitment has been halted. More than 300 UC scientists have issued a white paper warning Schwarzenegger that the sharp reduction endangers the 10-campus system's position as the premier public university in the United States and could have a negative impact on California's future economic growth. According to UC officials, the cut in state funding brings the "amount of state investment...
What might help us better use economic forecasts, then, is to more explicitly take into account the limits that come with any forecast. You wouldn't find an economist publishing a paper in a journal without margins of error around the data - and yet we routinely drop such nuance when we talk about economic variables in public conversation. "One of the things that gets lost is the fact that there are ways of trying to assess errors in forecasts," says Robert Eisenbeis, a former researcher at the Atlanta Fed who is now chief monetary economist at the money-management firm...
Mayor Giuliani often gets credit for the dramatic drop in New York's crime since the 1990s. Does he deserve it? I think so. It wouldn't have happened without Giuliani. He had a commissioner [William Bratton] that changed the culture of the NYPD and made them accountable for the first time in perhaps a decade, but Giuliani was unable to share credit and Bratton was dismissed. Bratton, in my opinion, was not blameless either. He couldn't control himself when it came to publicity...
...billion. And last month, while demonstrators were fighting pitched battles with paramilitaries on Tehran's streets, Iranian oil officials flew to Beijing to negotiate a $5 billion deal with CNPC for the newest phase of Iran's huge South Pars gas field in the Persian Gulf. Pummeled by the drop in world oil prices from $147 per bbl. last July to about $64 per bbl. this week, "Iranians are feeling more and more of an acute need for capital," Downs says...
...today's report also offered some reassurance that perhaps the fudge factor isn't that big an issue. Electricity generation snapped back sharply in the second quarter, statistics show. Some analysts believe the drop late last year and early in 2009 was consistent with an economy in which heavy users of power, such as steel and aluminum factories, were slashing production is response to weakened global demand. Now, China's aggressive government spending has refired the furnaces...