Word: june
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...Princeton University Investment Company, which manages the school’s endowment, reported investment losses of 23.7 percent this past year—better than the 30 percent loss predicted in the spring. The loss brings the total value of Princeton’s endowment as of June 30 to $12.6 billion, down from $16.3 billion last year...
...Neal wrote in an e-mailed statement that the groups have no set deadline for the recommendations, though he expects that the process will continue into next semester “if necessary.” In contrast, a timeline posted on the FAS planning Web site in June designated the end of October as the deadline for working groups to draft recommendations for FAS’ top academic deans...
...talks were a win for Obama, the same could be said for Iran's President Ahmadinejad, who plainly intends to use the process to reinforce his legitimacy in the wake of Iran's June 12 election debacle. Indeed, Iranian Foreign Minister Manoucher Mottaki said on Thursday that the talks had gone so well that the next round ought to be a summit between the two Presidents - an option that would likely be politically unpalatable to the Administration in light of Iran's domestic political situation...
...forays West have proved to be, at best, a mixed success, especially its business in the U.S. HSBC dove into the U.S. subprime mortgage and consumer credit market, mainly through its 2003 purchase of consumer finance firm Household International. That decision proved disastrous. For the 18 months ending in June, HSBC's U.S. personal-financial-services business posted pretax losses of $20 billion. In March, HSBC announced its consumer-finance operation wouldn't issue any more loans and would begin winding down its business (except for credit cards). Chairman Stephen Green said in a statement at the time that...
...news. Exiled Honduran President Manuel Zelaya, after sneaking back into his Central American country, had shown up at the Brazilian embassy in Tegucigalpa seeking refuge. Lula, like every other world leader, has called for Zelaya's restoration ever since the Honduran was ousted by a military coup on June 28, so he had little choice but to let him into the embassy. But when Lula arrived in Manhattan, according to numerous sources, his irritation was plain. "He was taken by surprise and put in an uncomfortable position," says one Brazilian source. "Brazil was on the spot, in the center...