Word: scaling
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...underdeveloped world the misery's fallout will be incomprehensible. Whatever social services and generosity that has come from the more wealthy nations will dry up along with the financial capacity that has created a history for large scale compassion. A hoarding of natural resources, especially those that are agriculturally based, would cause the cost of humanitarian aid to become unaffordable, especially when there is so little capital for eleemosynary efforts because of ruined economies. In places like East Africa, where millions of people look into the face of starvation every year, the misery could be apocalyptic...
...College’s Admissions and Financial Aid office will cut its travel budget next year by fifty percent, eliminating virtually all non-local high school visits, Dean of Admissions William R. Fitzsimmons ’67 said in an interview yesterday. The scale-down—the admissions office’s response to a Faculty of Arts and Sciences-mandated budget cut of 15 percent for all units—comes two years after Harvard announced an end to its Early Admissions program. At the time, Fitzsimmons stressed the office’s commitment to increasing outreach...
Previous funding assumptions “must be reassessed and are unlikely to cover the same things in scale we initially envisioned for Allston,” said Harvard Chief Financial Officer Daniel S. Shore...
...There are both practical and philosophical problems with a modern Harkness. Practically, there are fewer tycoons on the scale of Harkness today—and far more legal implications to their donations. Even the $100 million that David Rockefeller donated to Harvard last April—the largest ever single donation by an alumnus—pales in comparison to Harkness’s munificent $155 million. Nevertheless, with Harvard’s centuries of experience fundraising, its numerous wealthy alumni, and its thriving Committee on University Resources such a donation seems, at least, possible...
...foreign drug lords. Last week, Guinea's military coup leaders arrested several politicians and military officers in the capital Conakry, charging them with drug smuggling for the Colombian cartels. The late President's son Ousmane Conte - whom U.N. drug officials have long believed was involved in large-scale cocaine deals - went on national television to confess his involvement with his "Colombian friends...