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...housing market has stratified can be clearly seen in Howard County, Maryland. After falling for six months in a row, the number of contracts signed by buyers ticked up in January, and has been rising ever since. The problem, though, is that almost all of the activity is among the lowest-priced homes. In May, sales of houses under $300,000 (for the D.C. suburbs, that's low-priced) jumped 41%, as compared to the same month last year. Sales of houses $300,000 and above, meanwhile, dropped by 26%. The super-high-end is particularly grim. At the rate...
...Business School's financial organization is unique among Harvard's schools. Typically, over 50 percent of the School's revenue comes from publishing and executive education programs. Both will likely generate less income this year, Kenny said...
...example, pre-Proposition 13, California public schools were among the finest in the nation. After Proposition 13, education spending per pupil dropped to 48th in the nation. The state's educators and parents then rallied behind Proposition 98, which by a complex formula apportions roughly 40% of the state budget to K-14 education. In the past three decades, other special interests have authored - and voters have passed - numerous ballot measures dictating that millions in state funds go to various pet causes. Many of these measures, including a preschool initiative sponsored by Schwarzenegger in 2002, mandate a program but fail...
...Deira would be a classy hotel anywhere. But part of its allure is its sheer contrast with the rest of Gaza, which has been ravaged by three years of economic blockade, a fratricidal war among Palestinians and, seven months ago, a full-bore Israeli air, land and sea assault that lasted 22 days. After traversing Gaza's blasted urban landscape, you arrive at the hotel like a desert wanderer plunging his head into oasis waters. With its cool shadows and an inner courtyard trapping pools of light, the Al Deira has an Ottoman elegance. You're led to your room...
...Support for the Tigers or rejection of their violent tactics has the potential to divide young Tamils. But "it's too early to analyze and evaluate the divisions that could emerge among the youth," says Shanaka Jayasekara, associate lecturer at the Centre for Policing, Intelligence and Counter Terrorism at Macquarie University in Sydney. "The extreme radical elements of the Tamil diaspora youth will continue to live in the past glory of the LTTE. The more moderate Tamil diaspora youth will use the opportunity to think outside the LTTE-centric worldview, and the less politicized Tamil diaspora youth will become conciliatory...