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...projected increase in sales tax revenue, $275 million will be used to bolster the state's transportation network and stave off planned toll increases on the Massachusetts Turnpike. While another $160 million will be allocated to the Massachusetts Bay Transportation Authority, the agency recently announced that it will also recommend a package of subway fare hikes to be implemented in the next few months that would raise $69 million a year. The combined tax increases are expected to raise over $1 billion in revenue for the state each year...

Author: By Ellie Reilly, CRIMSON STAFF WRITER | Title: State Sales Tax Hike Unnerves Some Square Businesses | 7/10/2009 | See Source »

...past, the SCO has worked to stave off the threat of Islamist militancy in Central Asia, but it declared in 2005 that all U.S. military bases in the region's post-Soviet republics must have a timeline for withdrawal - a move on both Beijing and Moscow's part to stymie U.S. influence. Already, the U.S.'s pivotal Manas air base in Kyrgyzstan has been ordered to cease operations...

Author: /time Magazine | Title: Unbowed, Ahmadinejad Shows Up in Russia | 6/16/2009 | See Source »

...month. With layoffs looming, some have continued to rally on behalf of staff. Kimberly Theidon, an associate professor of anthropology, has proposed the “1% Campaign,” which calls for a voluntary 1 percent faculty pay cut to help stave off staff layoffs. She said that she has witnessed “overwhelming willingness” to participate among faculty. But according to FAS spokesman Robert P. Mitchell, the institution of even an across-the-board 2 percent salary reduction for non-union workers would have only a “minor impact...

Author: By Esther I. Yi and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: Date of Looming Staff Layoffs To Be Determined | 6/3/2009 | See Source »

...problem is when it comes to coca and cocaine, it's not just a health concern, but a legal one. Since 1961, trade of coca outside the Andean region - where people have chewed or brewed coca in tea to stave off hunger and exhaustion for centuries - has been prohibited unless the cocaine alkaloid is removed. Few companies in the world have authorization to trade in the leaf and most are pharmaceutical companies that perform this decocainizing process. The most prominent is New Jersey-based Stepan Chemical Company which has been reported to supply Coca-Cola with its narcotic-free derivative...

Author: /time Magazine | Title: Red Bull's New Cola: A Kick from Cocaine? | 5/25/2009 | See Source »

...plans before adding new ones. But it isn't just officials in Berlin who might spend time in Halle seeing what an injection of money can and can't do to a local economy. Governments from the U.S. to China - anyone who believes that opening the fiscal spigot can stave off disaster, and especially those who think that public spending can polish up rustbelt cities like Detroit or Harbin - would be advised to take some east German lessons. (See pictures of Detroit's decline...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

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