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...According to Reuters, Continental Europeans have summarily rejected U.K. Prime Minister Brown's and President Barack Obama's call for governments to spend more. From the perspective of nations that probably have little access to capital, their objections to the stimulus plans of the U.K. and U.S. is understandable...
...issue of the expense of regulation is no issue at all. The real problems are much different. Does regulating an international bank make it more or less likely for the institution to lend to the people and industries that a government believes should have access to more capital? Since major financial firms operate in dozens of countries, there is no uniform set of answers to that question. The same holds true for leverage. Does a hedge fund create jobs and financial credit opportunities by helping to improve market liquidity though investments with complex insurance instruments like credit default swaps...
...revised set of requirements for the Astrophysics concentration will make the field more accessible to students interested in the topic, taking the focus off of graduate-level preparation and emphasizing flexibility, according to professors familiar with the changes. The overhaul of the concentration centered on the department’s realization that “we didn’t have to make our requirements embody everything we would expect to see of an applicant to grad school,” said David Charbonneau, a professor of astronomy and the director of undergraduate studies.As a relatively small concentration to begin...
...laws. In budget-strapped California, for one, taxpayers are grateful. There, the fed crackdowns, which had continued despite the end of the state's own raids, got in the way of upwards of $100 million in revenue from medical-marijuana sales taxes in 2007, according to Americans for Safe Access (ASA), an advocacy group for prescription...
Viswanath added that the economic crisis has disproportionately affected certain groups, like the poor and disenfranchised, which leads to heightened public health concerns among these demographics. He said that when people lose jobs, they lose access to insurance and can no longer afford medication—another timely issue that Koh will have to address...