Word: slashed
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...narrow margin over his Green Party opponent last December, San Franciscans thought they had Newsom figured out. He was a Clintonian New Democrat, the party establishment's choice to replace outgoing Mayor Willie Brown. The issue Newsom was best known for was a favorite with conservatives: he wanted to slash welfare payments to the homeless in return for more city housing. During a contentious campaign, Newsom voiced enthusiasm for same-sex marriage--but that is hardly an unusual platform in America's capital of gay culture. "Every San Francisco politician supports it, and then they run and hide when they...
Even if other details about the move remain unclear, a few things can be said with certainty. HCL is cash-strapped and troubled; it has been desperately trying to slash costs, using methods including firing employees. Why one would put an admittedly expensive and complicated operation—even though its budget will be transferred over to the libraries—inside an organization that is having massive financial and structural difficulties is a mystery. Intellectually, it makes little sense to take films studied within VES out of the control of the VES professors, who are presumably the best suited...
...record 3,600 tons of opium, with farmers - taking home up to ten times a policeman's pay - expecting further growth this year. While the U.N. advocates deploying coalition troops to smash drug labs thriving in the north, Karzai is pleading for $300 million in international aid to slash cultivation by 70% before 2008. One Step Closer CYPRUS Greek and Turkish Cypriot leaders meeting at U.N. headquarters agreed to begin formal talks in Nicosia this week to resolve the 30-year dispute that has divided the island. They hope to complete the talks by the end of March. Referenda will...
...bottom line looks healthy in the long run. "Are we expecting a rash of complaints?" says Ryanair's head of communications Paul Fitzsimmons. "Yes." O'Leary had better fasten his seat belt. Showroom Showdown Despite hopes for an upturn, European car sales remain stalled. The manufacturers' response? Slash prices. Less than four months after it launched its new flagship Golf, Volkswagen last week announced it is throwing in free air-conditioning, the equivalent of an 8% discount on its base model. The move follows a 31,085 rebate offered by GM's Opel to early buyers of its new Astra...
...unchecked increase in drug prices in particular. Both have grown irritated with Congress's failure to consider pricing alternatives and have become especially annoyed lately with the FDA's threats to initiate legal actions against any government that seeks to enter into buying arrangements with the Canadians to slash their prescription drugs costs for employees, prisoners and Medicaid recipients. The latter group represents a significant financial burden for the states. Although the feds kick in some Medicaid money, overall spending on drugs topped $23 billion in 2002, with New York accounting for $3 billion and California for $2.6 billion...