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...risks of incipient inflation. So-called core inflation gauges have accelerated in a climate of sharply rising energy prices. Determined to avoid the mistakes of the 1970s, central banks have been quick to tighten in response. This changes the rules of engagement for investors, who are now being denied access to the cheap funds they were putting to work chasing higher-yielding investments in emerging markets or subprime corporate debt. Indeed, stocks and bonds in emerging markets, which soared when money was plentiful, now stand to lose the most - and not just because global liquidity is returning to normal. There...

Author: /time Magazine | Title: Risk Adjusted | 7/23/2006 | See Source »

...Mandarin has become the language to learn in order to gain access to business opportunities in China, which is becoming the world's biggest arena for business. By opening its markets to foreign investors, China has made its official language as important as English. Suddenly people throughout the world are rushing to master Mandarin. In today's global economy, Mandarin has become an essential business tool. WongYeen Fern Kuala Lumpur, Malaysia...

Author: /time Magazine | Title: Letters | 7/23/2006 | See Source »

...We’re in a difficult position. We are a library, not a museum,” Brainard said. “This room needs to be designed so students have a comfortable study space and access to the poetry and to the resources in the room,” she said...

Author: By Brittney L. Moraski, CRIMSON STAFF WRITER | Title: For Design Purists, Renovation Sparks Ire | 7/21/2006 | See Source »

...Bomb Tuesday, July 18, 9:02 a.m.: Officers were dispatched to a report of an individual attempting to gain access to Winthrop House’s Entryway H stating they were looking for cans. Officers arrived and located the individual, and after speaking with the police, the individual was sent away...

Author: NO WRITER ATTRIBUTED | Title: Police Log | 7/21/2006 | See Source »

...anonymity because he wasn't authorized to talk about the plans. (The company declined TIME's repeated requests for an interview.) As part of the switch, analysts expect AOL to stop charging a subscription fee to anyone who gets high-speed service from another provider and to offer free access to its content, including AOL.com e-mail addresses...

Author: /time Magazine | Title: Will AOL Finally Go Free? | 7/16/2006 | See Source »

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