Word: percenting
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Kagan’s imminent departure from the Law School coincides with an estimated 22 percent decline in the University’s endowment in a four-month period earlier this year. The Law School has not yet made public its budgetary outlook, and it is uncertain whether, as acting dean, Jackson will make an announcement regarding the impact of the shrinking endowment...
...crucial factor is that Minnesota already had an election law in place to handle close elections, which mandated a hand recount in contests with a margin of victory smaller than 0.5 percent. Coleman’s razor-thin 0.0075 percent margin of victory over Franken in November failed to meet the cutoff, automatically triggering the recount. Unlike the Florida presidential election in 2000, during which Gore had to fight in court to get a recount, in this case there was no question of whether a recount was in order...
...percent and rising, Obama’s Gallup approval ratings have been surpassed by only two newly elected presidents since FDR: Kennedy approaching the peak of the cold war, and Johnson after Kennedy’s assassination. “That’s the sort of rating you see when the public rallies around a leader after a national disaster,” CNN analyst Bill Schneider remarked last month. Put another way, Americans are seeing a savior where they should see a Democrat...
...While critics have charged that Israel continues to instigate the admittedly tragic violence in the region, they ignore the numerous efforts that the Israeli government has made to end the conflict. In the past decade, Israel has offered to withdraw from 97 percent of the West Bank, and has also unilaterally removed its forces from the Gaza Strip. But apparently even these well-intentioned efforts are not enough for the radical Hamas leadership, which has repeatedly refused to recognize Israel as a state and has called for its complete destruction. As Israel is—understandably—not going...
Princeton’s endowment has declined 11 percent from July 1 to the end of October, President Shirley M. Tilghman announced in a university-wide letter last Thursday. Tilghman wrote that it was “prudent” to anticipate a decline of possibly 25 percent for the year, from a June 30 value of $16.3 billion. Over the same period, Harvard’s endowment fell by a similar proportion: 22 percent from a June 30 value of $36.9 billion. Yale University also reported losing one quarter of its endowment, projecting a decrease from $22 billion...