Word: fiscal
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...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 to be the German Democratic Republic (GDR), the formerly communist eastern part of Germany. Since the Berlin Wall fell, the old GDR has been showered with money. Overall, some $2 trillion...
...ought to be cut, with the work taken up by the divisional deans themselves. And, if the divisional deans—all of whom are tenured professors—are receiving any significant remuneration from University Hall, they should consider returning these supplementary salaries for the duration of the fiscal crunch...
...group that oversees the University’s multi-billion dollar endowment—is navigating this year’s tumultuous and markedly changed financial landscape. University officials say they have been planning for a total 30 percent drop in the endowment by the end of the current fiscal year.Despite an increase in public equity holdings to almost $772 million by March 31, up from $571 million in the previous quarter, the University has still dramatically reduced its publicly traded equities portfolio, which was valued at almost $2.9 billion as late as last September. Harvard appears to have redirected...
...printed because they were told by FAS IT not to speak to the press and did not want to damage their chances for potential future employment—said that multiple students at the meeting said they would have better understood the reductions had they been part of fiscal cutbacks. “I came away thinking that it was budgetary but that someone higher up had told them that they needed to say it wasn’t budgetary,” one UA said. FAS IT—which currently employs 50 UAs—currently plans...
...Health Services will discontinue anonymous HIV/AIDS testing for students, effective August 1. Plans to eliminate this type of screening have been in the works since the beginning of this academic year, according to UHS Director David S. Rosenthal ’59, who cited underusage—rather than fiscal considerations—as the primary motivation behind the decision. “Anonymous testing has been great, but every year, fewer and fewer people get the testing,” Rosenthal said, adding that Harvard is one of the last Ivy League schools to continue both testing standards. Next...