Word: downturn
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...unease and uncertainty left in the wake of the financial downturn in the fall of 2008 have shifted students’ career focus and expectations, ushering in many small changes in the resources and hiring process that the OCS organizes...
...Then the Irish economy collapsed in the global downturn, and people's attitudes toward the museum quickly changed. "Admission: one pot of gold, to be sure and begorrah," the Irish Sunday Tribune mocked in the headline of a derisive article about the museum last month. The blogosphere, too, has been fizzing with indignation in recent months. "Truly the Jedward of museums," railed one Twitter poster, referring to the Irish singing twins John and Edward Grimes, who appeared on Simon Cowell's The X Factor talent show in the U.K. and Ireland last year. (The twins became more famous for their...
...further. Most of the austerity measures haven't even been implemented yet. The VAT increase goes into effect on March 15, and civil servants will see their upcoming Easter bonuses - equal to half a month's salary - slashed by 30%. Greeks are already feeling the pinch of the economic downturn, and many fear the measures will only deepen their pain. The government's official prediction is that the economy will shrink by 0.3% this year and then begin to recover. But many Greeks and economists think those expectations are overly optimistic...
...Bertolt Brecht and Steve Jobs collaborated on a play about economic downturn, the end result might look something like the lifeless, sluggish production of Clifford Odets’s “Paradise Lost” currently running at the American Repertory Theater (A.R.T.). Brecht would insist on calling attention to the show’s own theatricality, thereby distancing the audience and forcing them to separate their emotions from the action onstage in order to realize an important truth. Meanwhile, Jobs would persistently add more and more technology to the play, to no rational end. This is the feel...
After all, while last year’s economic downturn may have palpably affected the Harvard undergraduate experience in the more noticeable currency of decreased funding for student initiatives, grants, and, of course, hot breakfast, it seems to have also amplified a peculiar, age-old tendency among the more well-moneyed of our peers. You can probably guess which one it is that I’m referring to—the apparent obligation to demonstrate a visible lack of immunity from economic hardship, when such is clearly not the case...