Word: low
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...Cambridge City Council unanimously approved a resolution last Monday night asking Harvard and MIT not to lay off low-wage workers, following recent staff cuts and hours reductions by cleaning companies subcontracted by Harvard...
...reconsider whether the money saved by the cuts was substantial enough to justify the lost jobs. Regardless of whether Harvard accepts the “stimulus,” Decker said, such a gesture of aid from the City would hopefully shame Harvard into realizing how unnecessary and immoral low-wage worker cuts are in light of its overall fiscal scheme...
Decker said that the Council’s intervention was justified because laying off low-wage workers would likely burden the City and state’s homeless shelters, food pantries, and low-income housing services...
...stock market was too low at the beginning of the month because it had all of the bad news of the next two years priced into it. That is, at least, what the current buyers are saying. All of the high unemployment and poor corporate numbers had been taken into account at the bottom. Under almost any set of circumstances, history would support this analysis. A recession lasts four quarters and then turns into a recovery. (See pictures of TIME's Wall Street covers...
...while President Hosni Mubarak has been a steadfast U.S. ally, his credibility among Muslims (his own people included) is pretty low: he's seen by many as an American puppet who is no fan of democracy. Besides, anti-U.S. sentiment is very high among Egyptians. "I would not want to be the person in charge of security for [Obama] in Cairo," the diplomat says, shaking his head...