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...point out: Russia currently has a whopping $550 billion in foreign-currency reserves, a hefty budget surplus, a negligible national debt and an economy that remains on course to grow by 7% this year. The fount of much of the nation's newfound wealth - oil and gas - isn't affected by these banking liquidity problems. As long as the price of oil stays somewhere above about $70 per barrel, the windfall profits will continue to roll in. Moreover, only about 2% of Russian households - the very affluent - own stocks, so the market plunge won't affect the population at large...

Author: /time Magazine | Title: Red Tide at the Casino | 9/25/2008 | See Source »

Orlowski cites a recent Princeton Review survey in which 63 percent of college applicants said that a college’s environmental commitment could affect their final decisions on where to attend school...

Author: By Natasha S. Whitney, CRIMSON STAFF WRITER | Title: Harvard Ranks High in Green Score | 9/25/2008 | See Source »

...were involved,” executive director Dan Hogan says. The club also drew singers from across the nation, including many musicians from the Deep South, who brought a new perspective on civil rights to the students during the turbulent ’60s. Siggins Smith was deeply affected by the stories the singers carried with them from the South, noting that the audience at Club 47 revered them in a time when race-based inequalities prevented many blues singers from getting opportunities to perform. “The club was wide open without any kind of thought about where...

Author: By Melanie E. Long, CRIMSON STAFF WRITER | Title: The Rich Folklore of Club Passim | 9/25/2008 | See Source »

...during the 1990’s, along with low interest rates and a rise in immigration to the United States, led to overheating in the U.S. housing market, which ultimately resulted in the current financial crisis. The panelists addressed questions from the audience about how this credit crunch would affect the global financial system. “We will certainly see a fundamental shift,” said David A. Moss, a professor of business administration at the Business School. “The implications of the bailout are much larger than dollar value.” The real question...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: Harvard Professors Address Finance Fears | 9/24/2008 | See Source »

...vote. The HAA then sent a follow-up email to the class of 2008 asking them: “Please don’t vote!!!” Punctuation aside, Monti said that the mistake “will not in any way” affect the process of tallying the votes. For the past five Class Marshal elections, the HAA has used Microsoft Excel to compare the ID numbers of those who have voted to those in the senior class to ensure there are no duplicate votes. This process can also be used to catch votes by people...

Author: By Pooja Venkatraman, CONTRIBUTING WRITER | Title: Class Marshal Voting Begins for Seniors | 9/23/2008 | See Source »

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