Word: recessional
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Here's the bad news about the global recession's potentially coming to an end: the recovery could spark a massive energy crisis with increased demand for fossil fuels from China and other developing countries, tighter oil supplies and skyrocketing oil prices. And this is just in the near future...
• The global recession has brought the first significant yearly drop in energy demand since 1981, giving the planet a rare breather from carbon emissions. But this is a "unique" moment, the report says, whose gains will be quickly obliterated without a significant move toward alternative energies. The impending energy...
Besides the secret of perfect gelato, many students are attracted by the sweet dream of self-employment. Gelato is a major growth business worldwide, a cheap luxury defying the recession as people turn to smaller pleasures. And despite the $1,052 tuition for a weeklong session, so far this year...
During the recession, some college presidents have opted to take pay cuts, including Stanford University President John L. Hennessy and Brown University President Ruth J. Simmons, both of whom continue to earn more than Faust.
The fellowship might mitigate some of the anxiety that Law School graduates have experienced since large law firms—predominant employers of HLS grads—have been particularly hard hit by a sharp fall in demand for legal work in the financial industry during the recent recession.