Word: midyear
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...state of Maharashtra, is dependent on India's annual monsoon to provide the water necessary to grow his cotton and soybeans. A failed monsoon meant disaster. Without the rain, the crops withered, and so did his primary source of income. Every year, all Thakare could do as the midyear planting season approached was wait and hope that the monsoon would deliver enough rain so he could support his family. (Read "Hungry? How About Some Protein-Rich Cotton...
...reduction in local aid to cities and towns.The House Ways and Means committee submitted a $27.44 billion budget for fiscal year 2010—$532 million less than what was proposed by Governor Deval L. Patrick ’78 three months ago. That same month, Patrick made a midyear budget cut of $128 million, leading to a local aid decrease of approximately $2.6 million for the City of Cambridge for fiscal year 2009. The House’s budget relies on $1.46 billion in federal stimulus aid, cancels a planned $97 million transfer to a state rainy day fund...
...addition to ensuring that prospective students see Harvard as affordable, the University also allows students whose financial situations change during the course of the year to submit “midyear appeals” to have their aid packages adjusted...
...What you're seeing in California is a double witching hour." Cal State, which experienced a 20% increase in first-year applications this fall, is the first public university to cap enrollment since the market meltdown in September, a move other schools may follow as 21 states grapple with midyear budget cuts to public colleges and universities in the wake of financial Armageddon. (See pictures of the college dorm's evolution...
...Junmin, CEO of Pinghu Mingda Bag and Suitcases Co. in Zhejiang province near Shanghai, had been selling suitcases to U.S. customers since 2006. He stopped in June. Orders were still flowing in from America, but clients, strained by the financial crisis, were not paying him, Shi says. By midyear, he says, he was owed some $3 million. Shi instead shifted to manufacturing luggage for local China brands, hoping domestic sales could rescue his company. "We just ran out of money to buy materials to manufacture our own," Shi complains. "Processing for domestic factories is our only option...