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...number of economists have recently proposed new plans to stop foreclosures, seeking mechanisms to buy up and refinance individual home loans. Last week, Congress began discussing a new $150 billion stimulus plan focused on helping individual households. "I think the focus is shifting," says Gene Sperling, a former economics advisor to President Clinton who now advises Senator Barack Obama. "Pretty soon, I think we are going to see measures that are more targeted toward homeowners than we have seen...

Author: /time Magazine | Title: Homeowners Ask: Hey, Washington, a Little Help? | 10/16/2008 | See Source »

...works in progress, but remain true to yourself,” said Philip S. Koch ’78, who is a commercial advisor to Exxon Mobil. “Remember to give back to the community at large...

Author: By Bonnie J. Kavoussi and Yuying Luo, CRIMSON STAFF WRITERSS | Title: Alumni Reunite After Thirty, Forty, and Forty-Five Years | 10/13/2008 | See Source »

...economists who are advising the presidential candidates on health care policy discussed the merits of each candidate’s plans at a debate held at the Petrie-Flom Center at Harvard Law School yesterday. Economics professor David M. Cutler, a senior advisor to Democrat Barack Obama, and University of Chicago economist Tomas J. Philipson addressed the issues of high costs of health care, centralized versus privatized care, and the role that technology can play in improving health care outcomes. Both Cutler and Philipson cited affordability and accesibility as top priorities. Moderated by Petrie-Flom fellow Allison K. Hoffman...

Author: By Danielle Kim, CONTRIBUTING WRITER | Title: Economists Advising Presidential Candidates Clash on Health Care | 10/3/2008 | See Source »

...former advisor to President Clinton, Frankel also said that the high rate of mortgage defaults was caused in part by the wish of every American to own a house, a desire which both political parties encouraged...

Author: By Gordon Y. Liao, CONTRIBUTING WRITER | Title: IOP Panel Debates Economic Turmoil | 10/3/2008 | See Source »

...Japan's motives are not entirely altruistic. The economic rise of China, India and other countries means resource-poor Japan faces increasing competition for commodities such as oil and metals. Foreign aid is a way to cement relationships with potential trade partners. Development experts such as Jeffrey Sachs, Special Advisor to the United Nation's Secretary General on development goals, say that China is providing billions of dollars each year to Africa, although no one knows the official figure. Japan's trade with Africa, about $25 billion, is about one third of China's trade with the continent. Tokyo...

Author: /time Magazine | Title: Japan to Dispense Billions in Foreign Aid | 10/3/2008 | See Source »

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