Word: tightenings
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Dates: during 2000-2009
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...Amid the current economic slump, Freecycle has seen a record surge in membership - which, you guessed it, is free - as people look for new and innovative ways to tighten the belt. Worldwide, Beal says Freecycle is adding 30,000 to 60,000 members each week. And Martinez says that in Tucson alone, the average number of new members per month has jumped from 250 to 450 - an increase of 80%. She also says she knew the economy was reaching a new low last month when she posted that she was looking to unload a few extra sweet potatoes...
Tiller says that business travel will slow but not disappear altogether. "It's more mixed that people think," he says. "We're hearing that pharma and agra companies are actually increasing their travel budget." Companies, while not cutting out travel, are looking for ways to tighten their belt. "Instead of sending 10 people, they'll send 7 to a convention, for fewer days." Instead of sending managers to meet with colleagues, "they'll be spending that money on sending salespeople to meet with their clients." If those salespeople are smart, they'll haggle for freebies and upgrades...
Asking departments to limit their searches for new faculty also helps send a message that budget issues are serious and likely to persist. This will hopefully help departments internalize the need to collectively tighten the belt and not expect to adhere to prior spending levels...
...Harvard’s primary sources of revenue, which was valued at $36.9 billion as of last June—has been hit, but University President Drew G. Faust cautioned in a letter to the community earlier this month that each school will need to tighten its belt in the coming months. The Medical School holds roughly 11.7 percent of the University endowment, or $4.32 billion, as of last June. Though Flier said that the Medical School will need to “make some hard decisions and difficult tradeoffs” in response to the impact of the turbulent...
...destroy a tunnel it accused Hamas of digging to conduct cross-border raids. Since then, dozens of rockets have been fired at Israel, and the Israeli Defense Forces (IDF) have responded with land and air attacks and by halting supplies that were to enter Gaza. Israel has hoped to tighten the screws on Hamas by blocking all but a trickle of aid from reaching Gaza's 1.5 million stricken inhabitants, leading to what U.N. officials describe as a humanitarian crisis. For the past two weeks, the Israeli military has barred foreign journalists from entering the Palestinian territory to report...