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...have been a much shorter growth opportunity than Pandit and Citi thought. A few months ago, Verme was reassigned to London (though he has been promoted to ceo of all Citi's business lines across Europe, the Middle East and Africa, and Citi stresses he is "one of its highest ranking executives globally"). Mohammed al-Shroogi, who headed Citi's United Arab Emirates operations, left in September. In late November, Dubai World, which is a for-profit development company controlled by the ruling family of the gulf state, indicated that it may have to default on a portion...
...search for younger customers not only drives the multiple activities, the super spas and the entertainment; it's also driving the trend to shorter hops. "Younger people aren't going to sail for 24 days down the coast of South America," says Yesawich. "They don't have that vacation time." That's one reason Oasis is based in the Caribbean and set up for seven-day voyages...
Some professors who were accustomed to Harvard’s old schedule, with exams occurring after the holiday season, are being forced to adapt their syllabi to a shorter semester. In an e-mail, Literature professor Leo Damrosch wrote that he has tried this year to extend due dates for term papers past the end of a “painfully compressed” reading period...
...potential response to the stresses of a shorter reading period would be for professors to avoid assigning the heavy workloads at the end of the fall semester that would have been manageable under the old calendar, and instead opt to distribute the workload more evenly throughout the semester. Too many professors this fall maintained their old syllabi structures without considering the potential impact of calendar reform on end-of-term student workloads...
...course, we recognize that larger academic assignments such as papers and projects will inevitably pile up at the end of the semester. Yet students suffer even more from a shorter reading period because professors are not allowed to assign paper deadlines during exam period. This means that all papers must be completed before the end of reading period, rather than having this work more spread out. In light of the condensed reading period, professors should be given the flexibility to set paper deadlines during exam period—a paper due during exam period is much preferable to a premature...