Word: hard-hitting
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...which has a daily circulation of about 220,000. It is owned by McClatchy, a publicly traded company that could be the next chain to file for Chapter 11. The Herald has been on the market since December, but no serious bidders have emerged. Newspaper advertising has been especially hard-hit in Florida because of the tremendous loss in real estate advertising. The online version of the paper is already well read in the Miami area, Latin America and the Caribbean. The Herald has strong competition north of it, in Fort Lauderdale. There is a very small chance it could...
...Brussels Bailout Denied The European Union dismissed a Hungarian-led request from nine hard-hit East European countries for a $240 billion economic bailout, saying that blanket spending would be ill-advised owing to each nation's unique financial outlook. Hungarian Prime Minister Ferenc Gyurcsany insisted that without funds, a 'new Iron Curtain' would divide Europe...
...developed countries are not going to resume their past spending patterns any time soon, despite tax cuts and rebates. But if the economies of developing countries can be grown, then their people will eventually become the replacement consumers and will buy goods produced in Japan and other hard-hit manufacturing/exporting countries. This is why it is so important not to delay projects like DESERTEC and the Sahara Forest Project. Such projects have the capacity to provide the power, fresh water and food essential to allow developing economies to move from subsistence living. That they help Europe with green power, absorb...
Droves of applicants are jockeying for graduate school admission in hopes of avoiding the job crunch during this economic recession. But the nation’s top universities say that they are unable to open up more spots for Ph.D. students, since their hard-hit endowments cannot fund additional graduate student fellowships...
...Although Princeton is increasing funds for graduate student fellowships by 3 percent to help students cope with the financial crisis—Princeton’s endowment has been relatively less hard-hit than Harvard’s, losing 11 percent of its value as Harvard lost 22 percent—next year’s Ph.D. class size will remain the same, according to the university’s graduate school associate dean, David N. Redman...