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...number of temporary workers hired for the summer. Athletic administrators alluded to this year’s disorderly and drawn out process to finalize the department’s budget. Though budgets are typically submitted early in the spring, the athletic department—like the academic departments within the Faculty of Arts and Sciences and undergraduate Houses—is still without a fiscal plan for next year. One administrator added that several budgets have been submitted to University Hall, but as of yesterday, all have been rejected. “We want to best serve our members...
...Chen ’10, the co-chair of the Institute of Politics tobacco control policy group, said that policy change could still be an important deterrent to smoking. “Anyone would tell you that smoking in particular is very much predicated on the legitimacy of it within a social setting,” Chen said. “So, creating systems that suggest or otherwise discourage smoking or decrease its legitimacy is absolutely essential...
...will be for lawmakers to navigate the political and philosophical minefields to get to 51 votes for health-care reform, the most difficult challenge of all may be the number on the bottom line. Under the budget rules, any reform scheme will have to pay for itself within six years. (See five truths about health care in America...
...greater availability of trade finance, which had dried up as banks clamped down on lending in late 2008, hamstringing global trade. But China, the world's third-largest economy, is likely a more crucial factor in the turnaround. China sits in the middle of an increasingly important trading system within Asia. Countries like Japan, South Korea and Indonesia export capital goods, components and raw materials to China, where they are used to manufacture final products for shipment to the West. This network broke down as demand in the U.S. and Europe shriveled, but economists say China's stimulus program might...
...trade between Asian economies is picking up, that trend lends weight to the belief held by many economists that Asia could emerge from the recession ahead of the U.S. and Europe, based primarily on improved economic activity within the region. "Intra-regional trade will play a much more important role in a recovery (in Asia) than people thought," says Andrew Freris, senior investment strategist for Asia at BNP Paribas Wealth Management in Hong Kong. "And that is good news." (See pictures of the global financial crisis...