Word: fractionalism
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...unlike Harvard, Princeton plans to increase the fraction of the endowment it plans to spend—upping the spending rate from a projected 6.25 percent to 6.7 percent next year, which is higher than its usual target rate of 4 to 5.25 percent, according to Princeton University President Shirley M. Tilghman’s letter to the community on Monday. [SEE CORRECTION BELOW...
...Penang-based corporate-affairs executive with Intel. According to Citigroup's Chua, companies in South Korea, which was the first to sign a swap facility with China, have so far also declined to utilize it. Indeed, even if it were used, the $26 billion facility could only absorb a fraction of the trade between South Korea and China, which totaled $168 billion...
...many have also started to doubt the viability of pursuing a career in these once stable industries altogether. Even seniors with full-time offers from banks and consulting firms are feeling the effects of the downturn: Companies are currently offering some members of the class of 2009 a fraction of their annual salary if they voluntarily take a year off before beginning work. The economic crisis has exposed those students interested in finance and consulting to the reality that has long faced undergraduates in other fields: Securing a summer internship or full-time job cannot always be as easy...
...reported that a new HPV test, called careHPV, is easier to use, produces results faster and is just as effective as the Hybrid Capture II. Researchers say that when careHPV becomes available - Sankaranarayanan anticipates it will be on the market within two years - it will cost a fraction of the price of the Hybrid Capture...
...same time, there is an enormous potential windfall in the taxation of marijuana. It is estimated that pot is the largest cash crop in California, with annual revenues approaching $14 billion. A 10% pot tax would yield $1.4 billion in California alone. And that's probably a fraction of the revenues that would be available - and of the economic impact, with thousands of new jobs in agriculture, packaging, marketing and advertising. A veritable marijuana economic-stimulus package! (Read "Is Pot Good...