Following a separate announcement of 4,000 job losses across all its operations last year, the latest cutbacks mean it is reducing its workforce by 10% over three years.
It is reducing its rates during peak times as a response to piece rates.
The central bank said it is reducing its benchmark refinancing rate to 8.75percentt effective from Monday, from 9percentt.
The debt ceiling constrains public investment, but the government also brags about how fast it is reducing its deficit.
As for the New York Times, it is reducing its metro coverage to focus more on becoming a national and international outlet.
Obama said the US pledge to cut carbon by 26-28% by 2025, compared to 2005 levels, would double the pace at which it is reducing its emissions.
From April 1 to May 23, it is reducing its rates, with a deluxe double costing $408 (regularly $480, the hotel says), and a suite going for $568 (regularly $668).
EARLIER this month, Thunderbird School of Global Management announced that it is reducing its full-time MBA programme from 20 to 12 months, cutting its fees by $20,000.
He contrasts this with China, which is very clear about why it is embracing the green economy: it is reducing its reliance on energy imports, preventing social unrest in rural areas caused by the impacts of climate change, becoming the leading exporter of resource efficient solutions and avoiding border tax adjustments caused by products with a high-pollution footprint.
