Word: gaps
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...Harvard Kennedy School has laid off 18 employees to help it close a $2 million budget gap that persisted after less drastic spending cuts, Dean David T. Ellwood '75 announced in a letter to the School's faculty and staff last Tuesday...
...Ellwood said that the School has frozen salaries for faculty and exempt staff, implemented a "hiring frost," reduced the faculty budget, and trimmed expenses for travel, food, rent, and outside services. But a roughly $2 million "long-term structural gap" remained, he said, forcing the School to cut staff...
...Human Rights Policy were launched largely through deficit spending. These initiatives had been paid for during economic booms by the growing endowment, but when the national economy slumped early in the decade, the expenditures coalesced into a deficit and forced HKS officials to take steps to eliminate the budget gap. Overhead costs, for everything from electricity bills to equipment, were furthermore magnified by the School's expansion...
What underlies this crisis, however, is a sort of Cold War reprise vexing the start of Latin America's 21st century. The Chávez-led, anti-U.S. group came to power because Washington-backed capitalist reforms so often simply widened the region's epic gap between rich and poor. But the bloc's socialist ideology, which critics say is a throwback to the authoritarian leftism of a bygone era, has élites across Latin America spooked in ways their parents and grandparents were when Fidel Castro still had influence in the hemisphere...
...research at the New Delhi-based Indian Agricultural Research Institute, the government-run institute for agricultural research, education and extension. But for this to hold true, there will have to be moderate to heavy rains from June through September to make up for the shortfall, and even a 7% gap has economists and agricultural scientists worried. India's long stagnant agriculture sector, which has grown only 2% over the last decade, has already led to much farmer distress. Instances of farmer indebtedness and suicide, already frequent, could go up. Although experts point out that there is no immediate threat...