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Moody’s, the financial research and ratings service, projected a 30 percent decline in the value of college and university endowments for the current fiscal year...
...endowment reductions that could come out of this year are much beyond what we’ve ever experienced,” said Smith. “The largest decrease in any one year was 12 percent. Thirty percent is a long way from that...
...after the meeting reflected both the United States’ desire to maintain open markets and Europe’s desire for more heavy-handed regulation. The G-20, established in 1999 and made up of 19 countries and the European Union, represents 90 percent of the world’s gross national product. The group will reassemble in London next April. —Staff writer Lauren D. Kiel can be reached at lkiel@fas.harvard.edu
...large percentage of religious Americans are not pro-life, do not oppose same-sex marriage, and do not believe that the messiah will only come when the children of Israel inhabit their whole homeland. Despite their near-constant presence in newsprint and political media, evangelical Christians constitute only 26.3 percent of religious adults in America. Yet, if Bill Maher’s recent film “Religulous” and a wave of secularist polemics are any indication, extreme religious views are being used to justify the wholesale abandonment of all religion...
...like them.” Many understood Obama’s suggestion as embracing the secularist proposition that religion is a trend of past centuries, comparable to racism in that it is something to be outgrown. This belief’s increasing prevalence is reflected in the 28 percent of American adults today who have left the faith in which they were raised. And when Sarah Palin says, “I think God’s will has to be done in unifying people and companies to get that gas line built, so pray for that...