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...Tinto. Beijing has launched a fund to buy distressed assets worldwide, inked a deal with Brazil's Petrobras and provided Russia with a $25 billion loan in exchange for a secure future stream of oil and gas. (Overall, Chinese enterprises are on track to invest double the amount abroad this year than in 2008.) And compared to the past, when Western stockholders expressed concerns about selling assets to China, today companies are just glad for the cash. China's Export-Import Bank, for instance, has offered Rio a $20 billion loan if the deal (which is stalemated) goes through...

Author: /time Magazine | Title: How China Is Capitalizing on the Economic Crisis | 4/13/2009 | See Source »

...this strength-from-weakness strategy could hurt Beijing. Time abroad could distract China's leaders from their pressing domestic problems - for all its sophistication, the Chinese Communist Party has failed to develop any effective local troubleshooters other than Wen. For years, moreover, Chinese nationalists have been calling for exactly a tougher line toward the West. Now, Beijing's new aggressiveness overseas could embolden the nationalists - a trend that would alienate China's neighbors...

Author: /time Magazine | Title: How China Is Capitalizing on the Economic Crisis | 4/13/2009 | See Source »

...Hajiyev said. “Post-Soviet countries...we need to support each other.” Pamfil, Hajiyev, and other supporters who were present on Friday emphasized that change requires action, and action requires consciousness. “I think the consensus, especially among the people abroad, is that this is an opportunity to change the government,” Pamfil said. “No action of the communist government is, by itself, obvious enough or violent enough to lead to the concerted international response that is necessary in this situation. We want it over with the Communists...

Author: By Justin W. White, CONTRIBUTING WRITER | Title: Students Protest in Square | 4/13/2009 | See Source »

...January Experience,” the chunk of post-break January in which Harvard students are encouraged to do something productive rather than take an extended vacation. While the administration has been quick to provide ideas about how to spend the extra three weeks—study abroad, short internships, research, or intensive academic courses have all been presented as viable options—it has not promised the guidance necessary to bring these suggestions to life. In addition, January housing will now be limited to students with a demonstrated need to remain on campus. We worry that those attempting...

Author: By The Crimson Staff | Title: Forced Migration | 4/12/2009 | See Source »

...free, if they download illegally, or more than $20 if they choose iTunes, DVD, or Blu-ray. There are far more consumers at $0 than at $20, even though consuming at $0 takes on a criminal hue. Those willing to buy at some price in between are completely ignored. Abroad, where a viewer can only consume at $0, the choice is obvious. The television industry risks annihilation in the near future, but the enterprise certainly should not be in this position...

Author: By Kiran R. Pendri | Title: Futurology 4 | 4/12/2009 | See Source »

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