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According to a Westminster source, the British government urged Iceland to apply to the International Monetary Fund for assistance. Instead, Iceland is negotiating a loan from another country accustomed to being regarded as the bad guy by Britons: Russia. With relations between Moscow and London in a deep freeze since...

Author: /time Magazine | Title: Iceland: Britain's Credit Crunch Scapegoat | 10/10/2008 | See Source »

“It’s one thing to say abstractly that we favor nuclear or windmills, but it’s another thing to support it anywhere near you,” Rowe said. “We can’t afford this ‘not...

Author: By Natasha S. Whitney, CRIMSON STAFF WRITER | Title: Exelon Head Speaks on Energy | 10/6/2008 | See Source »

In 2001, a burly anchorage longshoreman named Scott Heyworth turned up in the nearby town of Wasilla for a meeting with its mayor, Sarah Palin. Heyworth, a local Democratic activist, had grown tired of waiting for the Big Three oil companies to tap their huge natural-gas reserves in the...

Author: /time Magazine | Title: Palin's Pipeline to Nowhere? | 10/2/2008 | See Source »

Some Harvard students watching the speech—at least those sitting around me—sneered that Rogoff didn’t realize that for Harvard students accustomed to jobs at the upper echelon of finance, the usual recruiting suspects remain alive, if not quite well. Indeed, of the...

Author: By Paras D. Bhayani, CRIMSON STAFF WRITER | Title: Wall Street Meltdown | 10/1/2008 | See Source »

For many Harvard students, admitting they need help in any aspect of their lives is equivalent to failing completely. Blame it on our training: We’ve grown accustomed to solving problems entirely on our own, because doing so proves to ourselves and others that we’re...

Author: By Molly M. Strauss | Title: Going It Alone | 9/29/2008 | See Source »

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