Uncategorized
Harvard Faces $113 Million Budget Shortfall After Trump Cuts
Illustrative: Anti-Zionist Harvard students participating in a sit-in against Israel amid its war targeting Hamas terrorists in Gaza. Cambridge, Massachusetts, US, Nov. 16, 2023. Photo: Brian Snyder via Reuters Connect
Harvard University registered a $113 million budget deficit caused chiefly by the Trump administration’s confiscation of much of its federal contracts and grants as punishment for, among other alleged misdeeds, its admitted failure to combat antisemitism on campus, a Harvard report revealed last week.
According to Harvard’s “Financial Report: Fiscal Year 2025,” the university’s spending exceeded the $6.7 billion it amassed from donations, taxpayer support, tuition, and other income sources, such as endowment funds earmarked for operational expenses. Harvard also suffered a steep deficit in non-restricted donor funds, $212 million, a possible indication that philanthropists now hesitate to write America’s oldest university a blank check due to its inveterate generating of negative publicity — prompted by such episodes as the institution’s botching the appointment of its first Black president by conferring the honor to a plagiarist and its failing repeatedly to quell antisemitic discrimination and harassment.
Despite the 2025 fiscal year deficit, the total value of Harvard’s endowment grew by 11.9 percent to $56.9 billion, according to the report. However, school officials noted the challenge that federal pressure has presented to its financial situation.
“Even by the standards of our centuries-long history, fiscal year 2025 was extraordinarily challenging, with political and economic disruption affecting many sectors, including higher education,” Harvard president Alan Garber said in a statement. “We continue to adapt to uncertainty and threats to sources of revenue that have sustained our work for many years. We have intensified our efforts to expand our sources of funding.”
US President Donald Trump’s abrupt cancellation of taxpayer funds awarded to Harvard maimed the university as well, dropping its federal sponsored revenue fell by 8 percent to $629 million and incinerating exorbitant dollar amounts from Harvard’s portfolio. Speaking to The Harvard Gazette on Thursday, Harvard’s chief financial officer Ritu Karla pointed to “$116 million in sponsored funds — which are reimbursements for costs the university has already incurred” that “disappeared almost overnight” when Trump penalized Harvard in April.
Harvard will continue to feel Trump’s wrath as it pays out a new tax on endowment investments which Congress imposed on the country’s wealthiest universities in July. Its liability could be as high as $368.2 million, climbing to $454.8 million by 2030, according to an analysis conducted by American Enterprise Institute (AEI) researchers Mark Schneider and Christopher Robinson.
As previously reported by The Algemeiner, in April, Trump ordered the expropriation of $2.26 billion in Harvard’s federal funds after the institution refused to agree to a wishlist of policy reforms that Republican lawmakers said would make higher education more meritocratic and less welcoming to anti-Zionists and far-left extremists. Contained in a letter the administration sent to Garber — who subsequently released it to the public — the policies called for “viewpoint diversity in hiring and admissions,” the “discontinuation of [diversity, equity, and inclusion, or DEI, initiatives],” and “reducing forms of governance bloat.” They also implored Harvard to begin “reforming programs with egregious records of antisemitism” and to recalibrate its approach to “student discipline.”
Harvard refused the president his wishes even after losing the money and took the issue to federal court. Meanwhile, it built a financial war chest, leveraging its GDP-sized assets to issue over $1 billion dollars in new debt and drawing on its substantial cash reserves to keep the lights on. Eventually, it overcame the administration in the first stage of litigation, securing from a judge appointed by former US President Barack Obama restitution of some of the funds the administration impounded — but the nine-figure sum it lost in the process has led to its largest budget deficit since the Covid-19 pandemic, according to The Harvard Crimson.
“We are also examining operations at every level of the university as we seek greater adaptability and efficiency,” Garber said in Thursday’s statement. “In parallel, we continue to ensure that our academic environment nurtures excellence in all of our endeavors. We are promoting open inquiry, constructive dialogue, and viewpoint diversity, and pursuing our priorities with the resolve that the times demand.”
In additional commentary contributed to the report, Harvard treasury officials Timothy Barakett and Ritu Kalra said, “All of these developments have raised new questions about the financial foundations of higher education and underscore a shifting federal policy environment that will shape the future.” They also said that the “this result could have been much worse,” adding, “it reflects not only the magnitude of the disruption, but also the discipline of a university community that acted quickly and with resolve.”
More disruptions are forthcoming, as Harvard may have to fight again for its taxpayer funds before a US Supreme Court with which it lost a historic case that ended racial preferences in admissions, a policy once popularly known as “affirmative action,” because the court found Harvard’s own imposition of the practice on applicants resulted in widespread discrimination against Asian Americans.
Furthermore, Harvard remains under investigation over its handling of campus antisemitism. The US House Committee on Education and the Workforce wrote to Garber last month asking the university to comply with requests for internal communications regarding discrimination complaints filed by Jewish students.
The committee said it is especially interested in documents related to an October 2023 incident in which two anti-Zionists activists, joined by a mob, assaulted a Jewish graduate student while screaming “Shame!” at him as he struggled to free himself.
“Obtaining the documents will aid the committee in considering whether potential legislative changes, including legislation to specifically address antisemitic discrimination, are needed,” said the letter, authored by the committee’s chairman, Rep. Tim Walberg (R-MI), and Rep. Elise Stefanik (R-NY). “Harvard does not appear to have disciplined — and instead has rewarded — two students who assaulted an Israeli Jewish student who was filming a ‘die-in’ protest on Oct. 18, 2023.”
Walberg and Stefanik also demanded confirmation of Harvard’s decision to pause a partnership with Birzeit University in the West Bank. The Harvard-Birzeit partnership was put into abeyance following an internal investigation of Harvard’s François-Xavier Bagnoud Center for Health and Human Rights (FXB), the institution directly affiliated with Birzeit. It is not clear what ultimately caused Harvard to discontinue the arrangement, but it is a move for which prominent members of the Harvard community and federal lawmakers have clamored before.
“As you know, postsecondary institutions that receive federal funds must maintain a safe learning environment and fulfill all obligations under Title VI and its accompanying regulations,” they continued. “This includes the obligation to promptly address discrimination, including harassment that creates a hostile environment, wherever such circumstances may be found to exist.”
Follow Dion J. Pierre @DionJPierre.
Uncategorized
Israel Sees Momentum in Latin America After Argentina’s Milei Officially Launches Isaac Accords
Argentine President Javier Milei meets with Israeli Foreign Minister Gideon Saar in Buenos Aires during Saar’s diplomatic and economic visit to strengthen ties between the two countries. Photo: Screenshot
With the official launch of the Isaac Accords by Argentina’s President Javier Milei, Israel aims to expand its diplomatic and security ties across Latin America, with the initiative designed to promote government cooperation and fight antisemitism and terrorism.
Milei formally launched the Isaac Accords last week during a meeting in Buenos Aires with Israeli Foreign Minister Gideon Saar, who has been on a regional diplomatic tour.
Modeled after the Abraham Accords — a series of historic US-brokered normalization agreements between Israel and several Arab countries, this new initiative aims to strengthen political, economic, and cultural cooperation between the Jewish state and Latin American governments.
The Argentine leader called his country a “pioneer” alongside the United States in promoting the new framework, emphasizing its role in fostering closer ties between Israel and the region across key strategic fields.
“While the vast majority of the free world decided to turn its back on the Jewish state, we extended a hand to it,” Milei said during a speech at the 90th anniversary of the Delegation of Argentine Israelite Associations (DAIA), the country’s Jewish umbrella organization.
“While the vast majority turned a deaf ear to the growth of antisemitism in their lands, we denounced it with even greater fervor, because evil cannot be met with indifference,” he continued.
Thank you
President @JMilei for your moral clarity & support. You are a true friend.
— Israel Foreign Ministry (@IsraelMFA) November 30, 2025
Shortly after Milei’s announcement, Saar praised him as “a double miracle, for Argentina and for the Jewish people,” describing his connection to Judaism and Israel as “sincere, powerful, and moving.”
Israeli Prime Minister Benjamin Netanyahu also praised Milei, describing his “moral clarity, vision, and courage” as signals of “a new era of common sense, mutual interests, and shared values between Israel and Latin America.”
The first phase of the Isaac Accords will focus on Uruguay, Panama, and Costa Rica, where potential projects in technology, security, and economic development are already taking shape as the initiative seeks to deepen cooperation in innovation, commerce, and cultural exchange.
In February, Argentina’s Foreign Minister Pablo Quirno will visit Israel to work with Saar and Netanyahu on advancing the initiative’s operational framework.
Milei also announced plans to relocate the country’s embassy to Jerusalem next spring, fulfilling a promise made last year, as the two allies continue to strengthen their bilateral ties.
The top Israeli diplomat commended Milei, describing his support for Israel on the international stage as “courageous and forceful.”
The Isaac Accords will also aim to encourage partner countries to move their embassies to Jerusalem, formally recognize Hamas and Hezbollah as terrorist organizations, and shift longstanding anti-Israel voting patterns at the United Nations.
Less than a year after the Hamas-led invasion of and massacre across southern Israel on Oct. 7, 2023, Argentina became the first Latin American country to designate the Palestinian Islamist group as a terrorist organization, with Paraguay following suit earlier this year.
As Israel moves to strengthen its diplomatic and economic ties in Latin America, Saar announced on Monday that Ecuador has opened an additional diplomatic mission in Jerusalem, further bolstering their bilateral relations.
“Several Latin American countries – Guatemala, Paraguay and Honduras – have already moved their embassies to Jerusalem,” the Israeli diplomat wrote in a post on X.
“The opening of Ecuador’s office in Jerusalem is another milestone on this important path. I commend [Ecuador’s President Daniel Noboa] and the people of Ecuador for this significant decision,” he continued.
Foreign Minister @gidonsaar :
“Another diplomatic mission in our eternal capital, Jerusalem.
Together with Ecuador’s Ambassador to Israel, Cristina Ceballos, and Hebrew University President Prof. Tamir Shefer, I inaugurated Ecuador’s new Innovation Office – granted… pic.twitter.com/a4BeZi9uyN
— Israel Foreign Ministry (@IsraelMFA) December 1, 2025
Saar also announced that Bolivia has lifted visa requirements for Israelis entering the country, signaling closer cooperation between the two countries.
“This decision will allow many Israelis to visit Bolivia again after many years, enjoy its vibrant culture and remarkable scenery, and strengthen the ties between our nations,” Saar posted on X.
תודה לך, נשיא בוליביה רודריגו פז על ביטול דרישת הויזה לישראלים.
החלטה זו תאפשר לישראלים רבים לחזור לבוליביה לאחר שנים רבות, להנות מתרבותה העשירה ומנופיה עוצרי הנשימה ולחזק את הקשרים בין עמינו.
— Gideon Sa’ar | גדעון סער (@gidonsaar) December 1, 2025
President Rodrigo Paz, a center-right politician, took office this year following years of left-wing government in Bolivia during which the country severed relations with Israel. Paz’s election signaled a shift in policy toward the Jewish state.
Last week, Saar kicked off his regional diplomatic trip in Paraguay, signing a security cooperation memorandum and meeting with President Santiago Peña, whom he praised as “one of the most impressive leaders on the international stage today.”
“Paraguay is developing major defense capabilities. Israel’s defense industry has experience and capabilities that we want to share with you,” the Israeli official said during a press conference with Paraguay’s Foreign Minister Rubén Ramírez Lezcano.
Uncategorized
Pope Leo meets with Erdogan, says two-state solution is the ‘only’ path forward in Middle East
(JTA) — Following a visit in Turkey last week, Pope Leo XIV said that he had spoken with Turkish President Recep Tayyip Erdogan about their shared support for a two-state solution, which Leo called the “only solution” to the Israeli-Palestinian conflict.
Leo’s comments to reporters Sunday came while he traveled from Turkey to Lebanon on the papal plane as part of his first international tour since being elected to the papacy in May.
During his address, Leo thanked Erdogan, who has consistently voiced support for Hamas and fostered hostile relations with Israel, for helping coordinate the trip and for hosting him on his personal helicopter.
Asked by a reporter whether he had spoken with Erdogan about the conflict in Gaza, Leo said that the Turkish leader was “certainly in agreement” about the proposal for a two-state solution, adding that he believed that Turkey has an “important role that it could play in all of this.”
Leo also said that he hoped to play a “mediating role” in the conflict and criticized Israel for rejecting a two-state solution. (Israeli Prime Minister Benjamin Netanyahu has long rejected Palestinian statehood, and the U.S.-brokered ceasefire deal between Israel and Hamas does not include provisions for a Palestinian state, though it positions itself as part of a roadmap to statehood.)
“We all know that at present Israel still does not accept this solution, but we see it is the only solution that could offer, let us say, an answer to the conflict they continue to live,” Leo said in Italian to reporters. “We are also friends of Israel, and we are trying to act as a mediating voice for both sides, helping to bring about a solution that is fair for everyone.”
In September, Leo met with Israeli President Isaac Herzog and told the leader that he believed the two-state solution was the only way out of the conflict in Gaza.
Leo’s remarks echoed similar appeals he made shortly after his election. In May, he made two public addresses where he called for a ceasefire in Gaza and decried the suffering of families in the enclave during the conflict.
On Thursday, Erdogan praised Leo’s advocacy for Palestinians and called for a Palestinian state based on the “1967 borders,” which refer to a state in the West Bank and Gaza with East Jerusalem as its capital.
“We commend (Pope Leo’s) astute stance on the Palestinian issue,” Erdogan said during an address in Ankara. “Our debt to the Palestinian people is justice, and the foundation of this is to immediately implement the vision of a two-state solution based on the 1967 borders. Similarly, preserving the historic status of Jerusalem is crucial.”
Leo’s trip to the region comes the same week that the “popemobile” that belonged to his predecessor, Pope Francis, debuted in Gaza in its retrofitted version as a mobile pediatric health clinic.
The post Pope Leo meets with Erdogan, says two-state solution is the ‘only’ path forward in Middle East appeared first on The Forward.
Uncategorized
Meet Zevi Eckhaus, the Jewish college football bowl-bound quarterback who prays at the 18-yard line
(JTA) — After a game, it’s not uncommon for football players to kneel in a prayer circle at midfield. But Zevi Eckhaus, the Washington State Cougars’ Jewish starting quarterback, tends to do so in a particular spot on the gridiron.
“Every game, I go to the 18-yard line, get down on a knee, and pray,” Eckhaus said, referring to the number that has a special place in Jewish tradition.
“Every time I put on my pads and go outside and throw a football, I know that’s with God’s help,” the 6-feet, 209-pound quarterback told The Cholent, a newsletter in Seattle, in a recent interview.
On Saturday, Eckhaus led the Cougars’ offense to a 32-8 win, clinching a berth in a Division I college football bowl game. That game will be the final one at the collegiate level for Eckhaus, a redshirt senior.
“I’d love to play football as long as I possibly can,” Eckhaus told The Cholent. While there’s been no buzz around Eckhaus as an NFL prospect, the Canadian Football League’s Montreal Alouettes have secured his negotiation rights, should he choose to go north of the border.
Eckhaus was raised in an Orthodox Jewish household, attending the Chabad-affiliated Cheder Menachem Los Angeles through elementary and most of middle school. Students at Cheder Menachem learned Jewish text for most of the school day, then crammed “two hours of what they called English, which was essentially math, science, everything kind of in a bunch,” he told Cougfan.com last year. (The school’s website says it provides “an exemplary well rounded Judaic and general academic education.”)
Eckhaus said he “started davening with tefillin” when he was 13. He went away from it for a while, but said that, “Thankfully, I’ve had interactions in my life that brought me back to davening every single day with Rashi and Rabbeinu Tam” — that is, the two distinct sets of tefillin worn by Chabad and other particularly stringent Orthodox movements.
Eckhaus said the student-athlete lifestyle doesn’t lend itself to being observant.
“Shabbos is still tricky because we play on Saturdays,” he said in the recent interview. “Eating kosher all the time is also hard because of the cafeteria and being at the facility most of the day.”
But Eckhaus said he’s found a balance between the rigorous schedule as a Division I quarterback and finding time for prayer and Jewish community.
“I wake up every morning and put on tefillin. I read mishnayos every week,” he said, referring to the foundational collection of Jewish legal theory. “There’s a small Hillel group here I can meet with sometimes. I try to keep as much as I can with my religion.”
There’s not much of a Jewish community in Pullman, Washington, but Eckhaus said the rabbi from nearby Spokane occasionally comes to town and organizes events.
“If he does that, I usually try to get involved with that,” he told Cougfan.com. “The Jewish students I stay in contact with, I try to get involved with them.”
Last season, the Cougars played against Fresno State on Yom Kippur. Eckhaus was not yet the starting quarterback, but was still present on the sidelines — and still observing the sacred day.
“I didn’t have any form of technology,” he told Cougfan.com later that year. “I didn’t eat or drink for 25 hours, and Coach [Jake] Dickert even went out of his way to have a private room set aside for me after the game for me to finish out the final prayer.” This year, Eckhaus said he was cleared to miss a practice held during Yom Kippur.
While the schedule can at times conflict with his religious observance, Eckhaus said he’s gotten no trouble from his teammates.
“Everybody comes from different backgrounds, families, upbringings, religions,” he said. “There are so many differences on a football team, yet still so much love, trust, and connection because of what you go through together.”
Eckhaus has previously been teammates with two Palestinian offensive linemen, and said “those guys were some of the nicest to me.”
“There’s no bickering or tension around religion, at least not in my experience,” Eckhaus told The Cholent.
After spending three years at Bryant University in Rhode Island — during which he was named the conference’s 2023 Offensive Player of the Year — Eckhaus transferred to Washington State in 2024. A backup all season, Eckhaus was thrust into the starting role for last year’s Holiday Bowl because the Cougars’ starter entered the transfer portal.
“It’s pretty cool that this game will be on Hanukkah,” Eckhaus said ahead of that bowl game, which they went on to lose 52-35 to the Syracuse Orange.
There are few Jewish players in NCAA Division I football. The most notable among them currently is Jake Retzlaff, the former quarterback at Brigham Young University, affiliated with the Church of Jesus Christ of Latter-day Saints. Retzlaff transferred to Tulane after he drew a suspension for violating the school’s famously strict honor code. The suspension followed allegations of sexual assault in a civil lawsuit that was later dismissed and Retzlaff’s admission that he had engaged in premarital sex, which BYU prohibits. Tulane is currently ranked 24th in the country.
Sam Salz, meanwhile, became likely the first Orthodox player to appear in a Division I NCAA football game last year, and spent three years as a walk-on with the Texas A&M Aggies.
Eckhaus took over the Cougars’ starting quarterback role four weeks into this season, and has registered 1,760 passing yards, 20 total touchdowns and nine interceptions. The date and opponent of Washington State’s bowl game will be announced Dec. 7.
The post Meet Zevi Eckhaus, the Jewish college football bowl-bound quarterback who prays at the 18-yard line appeared first on The Forward.