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...most dramatic cuts have come in Eastern Europe, particularly in Latvia, where the government has cut public funding for higher education in half since 2008. Poland, Hungary and Estonia have all cut or plan to make cuts of between 4% and 7%. But it's not just the east - wealthier European nations are also feeling the bite. This month, Britain announced cuts as high as 14% to some university budgets, while both Italian and Spanish schools face reductions of about 10%. The situation is so bad in Spain that schools extended holiday breaks last year to save money on heating...

Author: /time Magazine | Title: Europe's Education Crisis: College Costs Soar | 4/4/2010 | See Source »

...People from all over the world lived in Bombay, which was originally a Portuguese colony before the British took it over, so I grew up in a culture that was very mixed. It was mixed at the upper, wealthier level, but Bombay is also a city where people come to make their fortune from all over India, so less fortunate people, from the South, North and West of India, also gathered,” he says. “When I say my style is eclectic, it’s fusion. It’s pulling together different things from...

Author: By Jane Chun, CONTRIBUTING WRITER | Title: FM Cribs Presents Homi K. Bhabha | 3/11/2010 | See Source »

Regardless of the intentions behind this behavior, our wealthier peers should have no qualms about exercising the spending habits with which they were raised and that many of them will resume practicing immediately upon kissing Fair Harvard goodbye. In that sense, would a little more honesty really be that much more difficult to show...

Author: By James K. Mcauley | Title: Friends With Money | 3/8/2010 | See Source »

...Perkins says it's inaccurate to characterize a changing of the guard as Harlem's demise. Harlem has matured into a wealthier, more diverse neighborhood that "will continue to be the voice of the black community," he says. Wright, meanwhile, says Harlem's history will prevent it from ever losing its clout. "As far as I'm concerned," he says, "the road to any office, from the President of the United States on down, will always lead through 125th Street...

Author: /time Magazine | Title: Rangel, Paterson and the Fall of a Harlem Dynasty | 3/5/2010 | See Source »

...with Peruvian and Bolivian immigrant workers, many of whom arrived in Chile illegally to take advantage of the country's strong economy and low unemployment, which is around 8%. A tour of the neighborhood suggested that the damage to stores in this area was decidedly more pronounced than in wealthier areas. And the difference was not lost on the residents. Outside one apartment block, a group of residents gathered for a meeting. The ceiling of their building had crumpled in the quake, and the apartment dwellers were sure it was due to shoddy workmanship on the part of the constructor...

Author: /time Magazine | Title: Postquake: Unease, and Wedding Bells, In Chile | 2/28/2010 | See Source »

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