Word: summers
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...Western Europe. Yet Russia has been caught unawares by the domino effect of the financial crisis because of its unhealthy overdependence on oil, gas and metals, which account for more than three-quarters of export earnings. The collapse in energy and commodity prices since this summer is exposing Russia's fragility: the boom, it turns out, was built on expensive oil, and precious little else. Economic growth, which averaged more than 7% for the past five years, has tumbled and may drop below 2% next year. And for the first time since the collapse of the Soviet Union...
...traffic than Amazon, but today its 84.5 million active users scarcely best Amazon's 81 million customers. The troubled economy and weakness in eBay's core business contributed to a 60% drop in market value this year. Amazon's market cap topped eBay's for the first time last summer. "eBay used to own all the on and off ramps, and now it's just another highway," says Scot Wingo, chief executive of ChannelAdvisor, a consultancy that works with online retailers. "They have to figure out how to reorient the eBay brand to mean more than auctions and learn...
...effective and enthusiastic teachers is both a crisis and a national disgrace. Making teaching salaries commensurate with other, more lucrative fields will hopefully go a long way toward fixing this. At present, as Ivy League graduates can earn six-figure salaries out of school in offices, not even long summer vacations can make a teacher’s meager paycheck seem enticing to the best candidates...
...devices, produced by wireless network provider Meraki, were conceived as part of a Ph.D. project at MIT in 2006. They boast their own solar panel and solar-charged batteries and aim to improve the operation of large outdoor wireless networks, such as the one installed in Harvard Square last summer...
...Working and living here made sense economically, and it gave us a better education and more stability that I would have had in Palestine," says Hasan Newash, a Jerusalem native who arrived in Michigan for college in 1960, fell into a summer engineering internship at Chrysler, and never left. Newash still bridles at the problems of Arab assimilation in America. "We're labeled terrorists." But, he says, the car companies were very fair, even encouraging, to new immigrants. In fact, some employers went as far as to protect them. "When the FBI was rooting out Palestinian 'activists' during the Nixon...