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Which makes the backdrop to the pound's latest dip - the massive public debt and deficit, and the potential threat to Britain's triple A investment rating - a far greater problem for the currency than anything else. The rest is small change...

Author: /time Magazine | Title: Pound Woes: Why Britain's Currency Is Falling | 3/3/2010 | See Source »

...budgeting strategy, known as the “first-dollar principle,” requires that departments and centers spend their restricted funds according to thus far unspecified FAS “core principles.” Since area study centers—such as the Center for European Studies—are traditionally autonomous units that depend largely on restricted endowments and donations, center administrators were concerned about losing control of their spending priorities...

Author: By Noah S. Rayman and Elyssa A. L. Spitzer, CRIMSON STAFF WRITERS | Title: New FAS Policy Budget Questioned | 3/3/2010 | See Source »

...said the template for the forum has been created and the process of informally soliciting applications for moderators has begun, including reaching out to Peer Advising Fellows. However, the project is far from approval—the next step will be review by the UC Executive Committee...

Author: By Julie R. Barzilay, CRIMSON STAFF WRITER | Title: EdCom Votes to Advance Advising Website | 3/3/2010 | See Source »

...Entertainment are intended to excite fans with their dramatic likeness, but it is UFC’s actual fighting, real pain, and serious bodily harm that makes it so exciting. Although both venues allow for violence to serve as a form of mass entertainment, that UFC has progressed so far by riding a wave of enthusiasm for actual violence is far more disconcerting. There are many sports that incorporate physical contact, but unlike UFC, personal injury is always a secondary consequence of the game, never its purpose. Professional football and hockey are two truly physically violent games, but they each...

Author: By Marcel E. Moran | Title: Ultimate Fighting’s Grim Role | 3/3/2010 | See Source »

...last available official figures put Iran's economic growth at just 2.5% for the first half of the Iranian year (March-August 2009) - far short of the 8% targeted in Iran's fourth Economic Development Plan, which ends this year. Despite the apparent unknowability of third-quarter statistics, figures closely associated with growth - capital investment and permits for new construction projects - showed double-digit declines. Overall unemployment stood at 11.3%, while the out-of-work figure for those between the ages of 15 and 24 was estimated to be just over 24%. Real unemployment figures, however, are suspected...

Author: /time Magazine | Title: Are Iran's Leaders Hiding a Severe Economic Downturn? | 3/3/2010 | See Source »

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