The Vice-Chancellor (VC) of Oxford University was the third highest paid Russell Group VC in 2015-16, new figures reveal.The total remuneration paid to the former VC Andrew Hamilton, and his successor Louise Richardson, who took over the post in January 2016, was £442,000.This sees an increase of one per cent on the previous year’s salary, but an overall decrease in the total earnings from £462,000—including pensions and benefits—which had made Hamilton the highest paid UK Vice-Chancellor in 2014-15, according to an earlier University and College Union (UCU) report.The Oxford UCU criticised the news, noting that staff at Oxford University have some of the highest levels of additional employment and work casualisation in the country.The figures were revealed in analysis by Times Higher Education (THE), which found that on average, leaders of the UK’s Russell Group universities take home almost six per cent more than they did two years ago.During the same period, university staff took a one per cent increase in pay, staging a two-day walkout in May.Oxford University was eager to point out that the increase in Richardson’s and Hamilton’s joint earnings for the 2015–2016 financial year, which amounted to £384,000, was in line with a pay rise for all University staff.A University spokesperson told Cherwell: “The Vice-Chancellor’s salary for the seven months to 31 July, 2016 was £204,000. She received no benefits. Pro-rata, the present VC’s salary represents a one per cent increase on her predecessor’s salary for 2014-15. This is in line with the one per cent pay rise received by all University staff.”Louise Richardson, who had previously served as the Vice-Chancellor at St Andrews University, became the Oxford VC on 1 January 2016, with a promise to “tackle elitism”.News of the nation-wide pay increase for Vice Chancellors has been criticised by the University and College Union (UCU).The President of the Oxford UCU branch, Dr Garrick Taylor, told Cherwell: “It has unfortunately come as no surprise that VC pay has again increased so much while university staff have seen consistent real terms pay cuts, as universities have being doing this year on year.“All over the country professional and academic staff in universities are struggling as rent and house prices go up but pay is depressed. The situation is even worse in Oxford, which has among the highest rent and house prices in the country, and we are increasingly seeing staff taking on additional employment on top of their already demanding roles. On top of this Oxford has amongst the highest level of university staff casualisation in the country, meaning a lack of job security on top of real terms pay cuts.“We hope that this year the universities will attempt to redress the balance and give staff an above inflation pay rise in the same manner that they have been giving their VCs.”However, the Russell Group Director General, Dr Wendy Piatt, defended the pay increases, telling THE that “many vice chancellors have accepted only very modest increases” and that pay levels were set by independent committees that include “expert representatives from outside the sector”.The Vice-Chancellor’s office has been contacted for comment.
Prowrap has introduced the Speedwrap cling film and aluminium foil dispenser, specifically for the baking and catering markets.It claims to be the smallest, neatest and most user-friendly dispenser on the market. The company says hand-tearing straight from the roll is tricky and can lead to ’scrunching’, while traditional commercial dispensers are bulky, heavy and can be complicated to refill. According to Prowrap, Speedwrap offers a number of benefits over hand-tearing: it protects the roll from damage and contamination, helps to eliminate wasted product and speeds up prep time.Speedwrap comes in two widths, 300mm and 450mm, fits snugly around the roll of cling film or foil, and can be cleaned in a commercial dishwasher.MD Graham New says: “The Speedwrap design team focused on two key areas: ensuring cutting was easy and safe, and making the unit as small and sturdy as possible. It is a simple product but it can make a real difference in a busy catering environment.”
A new posthumous David Bowie record, The Mercury Demos, is set for release on June 28th, 2019 via Parlophone. The 10-track effort will feature previously unreleased Bowie recordings.The Mercury Demos are 10 early recordings, captured live in one take to a Revox reel-to-reel tape machine in Bowie’s apartment in the spring of 1969, with accompaniment from John ‘Hutch’ Hutchinson on guitar and vocals. Mercury Records A&R man Calvin Mark Lee requested the recording, who wanted the tracks to send to his boss Bob Reno. Both Calvin and Bob are referenced during the 41-minute recording, and the demos were key in securing Bowie’s recording deal with Mercury Records.A press release further describes the album, explaining, “The version of ‘Space Oddity’ from The Mercury Demos, originally released with edits on the Sound & Vision boxed set, is presented here in its true context for the first time. The other nine recordings on the album are all previously unreleased. In addition to the Bowie originals, the session also includes the Roger Bunn composition ‘Life Is a Circus’ (which features in an earlier demo version on the Clareville Grove Demos set) and the Lesley Duncan composition ‘Love Song,’ later recorded by Elton John for his Tumbleweed Connection album. Bowie’s own ‘Conversation Piece’ is announced as a new song and ‘Janine’ features a short, 19-second section sung to the melody of The Beatles’ ‘Hey Jude.’”The Mercury Demos set will come in a replica of the original tape box and will feature one vinyl LP, a print, and two photo contact sheets and sleeve notes by Mark Adams. The labels of the LP feature the same EMIDISC acetate styling as Spying Through A Keyhole and Clareville Grove Demos with the song titles in David’s own handwriting.The Mercury Demos Tracklist:Side 1Space OddityJanineAn Occasional DreamConversation PieceChing-a-LingI’m Not Quite (aka Letter To Hermione)Side 2Lover To The DawnLove SongWhen I’m FiveLife Is A CircusView Tracklist
Susan Fliss, associate librarian of Harvard College for research, teaching, and learning, has been selected by the Association of Research Libraries (ARL) as one of 25 individuals to participate in the 2011-12 ARL Research Library Leadership Fellows (RLLF) Program.An executive leadership program, the RLLF meets the increasing demands for succession planning for research libraries with a new approach to preparing the next generation of deans and directors. Library directors are seeking a cohort of well-trained and sophisticated candidates who possess the necessary experience and perspective to succeed in premier leadership positions in large, complex institutions. The RLLF Program provides such a cohort.This is the fourth cohort of the RLLF Program. HCL’s Rebecca Graham, associate librarian for preservation, digitization, and administrative services, was selected to participate in the first cohort, and Marilyn Wood, associate librarian for collection management, in the second, along with HUL’s Tracey Robinson, who heads the Office for Information Systems.The upcoming two-year session was designed and sponsored by seven ARL member libraries: University of British Columbia Library, University of Illinois at Chicago Library, University of Colorado at Boulder Libraries, Dartmouth College Library, University of Miami Libraries, University of North Carolina at Chapel Hill Libraries, and Northwestern University Library. The program begins with an introductory webinar comprised of an in-depth, 360-degree assessment overview designed to provide feedback to experienced library managers. The 2011–12 fellows will subsequently attend a Strategic Issues Institute at the University of North Carolina at Chapel Hill Libraries from April 3-7, 2011.The 2011-12 RLLF applicant pool was highly competitive. The selection committee, composed of the ARL directors sponsoring the program, chose 25 fellows representing a broad array of backgrounds and experiences and from multiple ARL institutions.
David Saul Landes was among the finest economic historians of his age. He tackled the most important subject of his field: why some nations are poor whereas others are rich. His many volumes and papers, taken as a whole, form an ever-widening arc, from the specific to the general, from the national to the global. Toward the end of his career he returned to the specific, bringing the arc full circle. Interweaving the grand sweep of his work is the Landes notion that cultural distinctions temper economic and technical changes.The scholarly work begins with a 1949 article on the entrepreneur and the French economy. Why French firms were smaller, more family-oriented, and less capitalized than the British, German, and American was, to Landes, due to the longer history of aristocracy in France. “Ideas once formed are as powerful as the strongest material forces.” He spent parts of the next decade on Bankers and Pashas (1958), his Ph.D. dissertation and first book, a story of international finance between French bankers and the Egyptian government during the 1860s. International finance allowed the Egyptian economy to ride high on the economic wave from the cotton famine induced by the American Civil War. But Landes’s account is less a tale of the cold calculus of French bankers than it is of personalities and greed. The carnival of credit that ensued would have been hilarious if not for the history of economic pain and bitterness that followed. The work, which began as part of Landes’s quest to understand the entrepreneur in French economic development, expanded the intellectual arc that is his legacy.Landes’s greatest achievement, The Unbound Prometheus (1969), was begun in 1954, when he was asked to write a chapter on technological change and European industrial development for the Cambridge Economic History of Europe. He was soon involved in the “seamless web of the historian’s history,” and the enormous chapter became a book. Europe, and later much of the world, broke free of Malthusian economic constraints through a series of critical technological innovations that became known as the “industrial revolution.” But only with continuing advances in productivity, not just the accumulation of physical capital, could economic growth be sustained. Why Hercules unbound Prometheus in the eighteenth century and why in Europe is answered by Landes by “the will to mastery, the rational approach to problems that we call the scientific method, the competition for wealth and power. Nothing—not pride, nor honor, nor authority, nor credulity—could stand in the way of these new values.” The scholarly expanse of Landes had greatly widened, but the importance of cultural superiority remained.One technological change stood out to Landes, who was an expert in horology and an avid collector of clocks and watches. Revolution in Time (1983) concerns that history and how these, often overlooked, innovations transformed the rhythms of daily life and the broader economy of commerce. Time pieces magnified the productivity gains of the industrial technologies described in Unbound through the better scheduling of goods, mail, railroads, the military and workers, whose time was no longer their own.His most widely cited volume, Wealth and Poverty of Nations (1998), expands the arc to include the entire globe and ponders the question: Why the West before the rest? Landes’s answer begins with geography. Europe has a temperate climate, but so does China. Climate was a necessary but not sufficient condition for sustained technological change. Europe, not China, is crisscrossed by mountains, giving rise to political and social fragmentation. Europe, as Landes notes, did not have all of its eggs in one basket. Its competing systems produced political and social institutions that were ultimately conducive to sustained economic growth and they gave rise to people who embraced and accepted novelty unhampered by tradition. Europe was endowed with a distinctive culture, not just the Gulf Stream. His final book, Dynasties (2006), takes his intellectual legacy back full circle to families and entrepreneurs. But the families of this work are internationally dispersed including the Toyodas, Schlumbergers, Fords, Barings, and Agnellis.Landes’s books, like the watches and clocks that fascinated him, are brilliantly crafted with vivid, eloquent, and fluent prose. He wrote of the time pieces, “I was smitten—caught by the combination of mechanical ingenuity, craftsmanship, artistry, and elegance.” Readers are equally smitten by Landes’s books. In a field that has increasingly eschewed the narrative, Landes kept it center stage. Unbound Prometheus has been the starting point for economic historians and undergraduate history students for almost a half century.David Landes was born in New York City in 1924. He was a prodigy who skipped so many grades that he received his A.B. from City College in 1942, after which he enrolled at Harvard to do a Ph.D. in History. He received an M.A. in 1943 but then enlisted and served in the U.S. Signal Corps. He later returned to graduate work at Harvard, was a Junior Fellow from 1950 to 1953, and received his Ph.D. in History in 1953. He married in 1944 Sonia Tarnopol, whom he had met when he was 15 years old. Sonia predeceased him by four months after 69 years of a marriage that was, to those who knew them, a loving and warm relationship between equals.David Landes taught at Columbia University and then at Berkeley until 1964, when he joined the Harvard History Department. He moved to the Economics Department in 1977. He retired in 1997 as Coolidge Professor of History and Professor of Economics. Landes was active in many causes and programs at Harvard. He took over as the chair of the Committee on Degrees in Social Studies in 1981 and remained in that position until1993. He became a senior fellow in the Society of Fellows in 1987. He was dedicated to issues concerning Judaism and Israel and was active in Harvard’s Hillel.David Landes was a historian among economists and an economist among historians—a rare crossover and an exceptional scholar in the world of ideas.Respectfully submitted,Benjamin FriedmanHenry RosovskyClaudia Goldin, Chair
View Comments Can’t get enough of Meryl Streep as a glam witch and Johnny Depp as a dapper wolf? Us either! Entertainment Weekly has released even more photos of Little Red (Lilla Crawford), Cinderella (Anna Kendrick) and all of our favorite Into the Woods characters in costume in their newest issue, complete with four magazine covers devoted to the film adaptation. The issue also features a few gorgeous concept art sketches of the film’s scenic design. The new movie hits theaters this Christmas, and now that we’ve gotten a glimpse of the stars in their fairy tale gear, it’s going to make the wait even more excruciating. Is it Christmas yet? Now is it Christmas? What about now?
View Comments Cheyenne Jackson could teach us to dance anytime! Check out below a trailer of the screen adaptation of Richard Alfieri’s comedy Six Dance Lessons in Six Weeks. The Broadway.com Audience Choice Award winner plays a dance instructor opposite Gena Rowlands’ formidable retired woman in the film, which also stars Tony winner Rita Moreno, Ann-Margret, Julian Sands and Jacki Weaver. The movie will be released on December 12 and we’re crossing all fingers and toes that it will remain in theaters longer than the 2003 Broadway production, which ran for less than a month, starring Mark Hamill and Polly Bergen.
View Comments Show Closed This production ended its run on April 2, 2017 Two-time Emmy winner Michael Emerson and January LaVoy are set to star in Will Eno’s Wakey, Wakey off-Broadway. The production, directed by Eno, will begin performances at the Alice Griffin Jewel Box Theatre at The Pershing Square Signature Center on February 7; tickets are now on sale. The play is scheduled to open officially on February 27 and run through March 19.Emerson garnered Emmy Awards for his performances on The Practice and Lost. His Broadway credits include Hedda Gabler and The Iceman Cometh. Off-Broadway, he has appeared in Bach at Leipzig, Give Me Your Answer, Do! and Gross Indecency: The Trials of Oscar Wilde. LaVoy made her Great White Way debut in Enron. She has been featured in off-Broadway’s Signature Plays, Wings, Coraline, Home, Two Trains Running and Joy.Eno’s new comedy asks some thought-provoking (if a bit vague) questions: What are we here for? Is time a friend or an enemy? Do we all eventually end up in the same place, but take different routes to get there? This marks Eno’s third play as part of Signature’s residency program, following The Open House and Title and Deed.The creative team includes scenic designer Christine Jones, costume designer Michael Krass, lighting designer David Lander, sound designer Nevin Steinberg and projection designer Peter Nigrini. Related Shows Michael Emerson & January LaVoy(Photo: Michael Loccisano/Getty Images & Jordan Matter) Wakey Wakey
Global share markets tumbled on Monday as panicked investors fled to bonds to hedge the economic shock of the coronavirus, and oil plunged more than 20 percent after Saudi Arabia slashed its official selling price.Investors drove 30-year US bond yields beneath 1 percent as they wagered the Federal Reserve would be forced to cut interest rates by at least 75 basis points at its March 18 meeting, despite only just having delivered an emergency easing.The safe-haven yen surged across the board as emerging market currencies with exposure to oil, including the Russian rouble and Mexican peso, tumbled. Read also: Disappearing act: Market braces for volatile March after $2.4b vanishes in a weekThere were also worries that US oil producers that had issued a lot of debt would be made uneconomic by the price drop.Energy stocks took a beating and E-Mini futures for the S&P 500 dived 4.89 percent to be limit down. EUROSTOXXX 50 futures fell 5.7 percent and FTSE futures 6.9 percent.Japan’s Nikkei fell 5.7 percent and Australia’s commodity-heavy market 5.9 percent.MSCI’s broadest index of Asia-Pacific shares outside Japan lost 3.7 percent in its worst day since late 2015, while Shanghai blue chips dropped 2.2 percent.Not helping the mood was news North Korea had fired three projectiles off its eastern coast on Monday.“The scale of the collapse shows that any hopes of a temporary respite were in vain,” said Sean Callow, a senior FX strategist at Westpac. “The notion that overweight equities is the only real option in a world of super-low rates now seems to be from ‘The Time Before’.Read also: Coronavirus crash wipes $5 trillion off world stocks“US officials have barely moved beyond platitudes about ‘strong fundamentals’ so there is surely plenty more room for markets to price in major damage to the economy.”The number of people infected with the coronavirus topped 107,000 across the world as the outbreak reached more countries and caused more economic carnage.Italy’s markets are sure to come under fire after the government ordered a lockdown of large parts of the north of the country, including the financial capital Milan.“After a week when the stockpiling of bonds, credit protection and toilet paper became a thing, let’s hope we start to see some more clarity on the reaction,” said Martin Whetton, head of bond & rates strategy at CBA.“Dollar bloc central banks cut policy rates by 125 basis points, not as a way to stop a viral pandemic, but to stem a fear pandemic,” he added, while noting many had little scope to ease further.Bond bubbleA seismic shift saw markets fully price in an easing of 75 basis points from the Fed on March 18, while a cut to near zero was now seen as likely by April.The European Central Bank meets on Thursday and will be under intense pressure to act, but rates there are already deeply negative.“The onus is falling, perhaps inevitably on the actions of governments to abandon budget surpluses and reinvigorate the demand side of the economy,” said Whetton.Urgent action was clearly needed with data suggesting the global economy toppled into recession this quarter. Figures out from China over the weekend showed exports fell 17.2 percent in January-February, from a year earlier.Read also: Asian factories slammed as China’s PMI drops to record lowAnalysts at BofA Global Research estimated the latest sell-off had seen $9 trillion in global equity value vaporized in nine days, while the average 10-year yield in the developed world hit 16 basis points, the lowest in 120 years.“The clearest outcome of the exogenous COVID-19 shock is a collapse in bond yields, which once panic fades can induce huge rotation to ‘growth stocks’ and ‘bond proxies’ in equities,” they wrote in a client note.Yields on 10-year US Treasuries plunged to a once-unthinkable 0.48 percent, having halved in just three sessions.Yields on the 30-year long bond dived 35 basis points on Friday alone, the largest daily drop since the 1987 crash, and slid under 1 percent on Monday to reach 0.96 percent.The fall in yields and Fed rate expectations has pulled the rug out from under the dollar, sending it crashing to the largest weekly loss in four years.Read also: Bank Indonesia announces 5 measures to support rupiah amid market routThe dollar extended its slide in Asia to as far as 101.60 yen, depths not seen since late 2016. It was last down 3.1 percent at 101.97 in wild trade. The euro likewise shot to the highest in over 13 months at $1.1492.Gold jumped 1.6 percent to clear $1,700 per ounce and reach a fresh seven-year peak. Topics : Saudi Arabia had stunned markets with plans to raise its production significantly after the collapse of OPEC’s supply cut agreement with Russia, a grab for market share reminiscent of a drive in 2014 that sent prices down by about two thirds.Brent crude futures slid US$11.14 to $34.13 a barrel in chaotic trade, while US crude shed $10.58 to $30.70.“Today’s price action puts at risk the fiscal health of the vast majority of sovereign producers and budget cuts and increased debt loads are now looming in the event of a prolonged period of low prices,” warned Helima Croft, head of global commodity strategy at RBC Capital Markets.“For the most politically and economically fragile producer states, the reckoning could be severe.”
The home at 25 Killarney St, Yeronga.This beautifully renovated home is going under the hammer in Yeronga. Owner Julie McStay bought the home at 25 Killarney St 19 years ago and completely transformed it through a series of renovations. “It was a three-bedroom, one-bathroom home when I bought it and now it’s a five-bedroom, two-bathroom home with a parents’ retreat downstairs,” she said. “I’ve done various renovations over the over the years but the parents’ retreat is my favourite space. It’s like a beautiful hotel suite. It’s spacious, very private and very calming.” The living area at 25 Killarney St, Yeronga.Ms McStay said the home was great for entertaining with the kitchen opening to the back deck and the patio on the ground floor. “My son had his pre-formal party at the house and we had about 70 people there,” she said.Ms McStay said the home was also in a great neighbourhood. The parents’ retreat at 25 Killarney St, Yeronga.“It’s really friendly and safe. There are lots of schools nearby as well as the train station, lots of great restaurants and little cafes,” she said. The property is being marketed by Ben Aggarwal, of Belle Property South Brisbane, and will go to auction on August 19 at 11am. The backyard at 25 Killarney St, Yeronga.Upstairs, the home has timber floors, VJ walls, and decorative archways. There is an open-plan living, dining and kitchen area that flows out to the back deck. The kitchen has stone benchtops, stainless steel appliances and a servery opening to the back deck, and there is a fireplace in the living room. More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020Two of the four upstairs bedrooms have built-in robes and there is a family bathroom and separate toilet. The kitchen at 25 Killarney St, Yeronga.Internal stairs lead down to the master bedroom and parents’ retreat. The master has a walk-in robe and ensuite with stone benchtop and floor-to-ceiling tiles. The living space opens to the back patio, which overlooks established lawns, gardens and in-ground swimming pool.