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...wanted a specialized form to require information about “student populations or costs.” Grassley’s proposal left vague what information a revised form might require and his spokeswoman Jill Gerber said specifics were unavailable, though she said the form would likely aim to standardize reporting on financial aid and endowments. The proposal follows months of threats from the Iowa senator about possible legislation that would require college and university endowments to pay out at least five percent annually—the same standard now applied to public charities. Gerber said this proposal does...

Author: By Clifford M. Marks and Nathan C. Strauss, CRIMSON STAFF WRITERSS | Title: Senator Grassley Tones Down Threats on Endowment Spending | 9/9/2008 | See Source »

...election season in Germany, culminating in a national election in late 2009. Both Muentefering and Steinmeier are centrists, and while they are likely to strengthen party discipline, their ascendancy could also deepen the rift between the party's center and its disaffected left wing. If the SPD's aim is to mount a unified challenge to Angela Merkel's CDU in next year's election, political commentators are pessimistic...

Author: /time Magazine | Title: A Shake-Up in German Politics | 9/8/2008 | See Source »

...Kosovo and the anti-missile shield to be installed in Poland have led to distrust on Russia's part. The plight of Russians in ex-Soviet nations, together with a more buoyant Russian economy and strong political support for President Vladimir Putin, makes easier for Russia to further its aim of enhancing its international standing by whatever means necessary. For these reasons, something like the invasion of Georgia was inevitable. Let us now hope that history does not repeat itself. Relations between Russia and the West have always been based on mutual fear rather than cooperation. It seems that this...

Author: /time Magazine | Title: Inbox | 9/4/2008 | See Source »

...company's total value--to Sasol employees, black South Africans and other previously disadvantaged groups. A finance deal will allow buyers to own shares by putting down a small deposit, and since the shares are being sold below market price, they will offer an immediate return. The aim is to create 100,000 to 200,000 new shareholders...

Author: /time Magazine | Title: Dirty Little Secret | 9/4/2008 | See Source »

...Georgia's claim that Russia started the war is not completely convincing either. In an interview with TIME, Saakashvili said he ordered his troops to attack the South Ossetian city of Tskhinvali only after Russia launched its invasion into Georgian territory; his professed aim was to slow Russia's advance by 48 hours in order to give the international community time to act. But on the night of Aug. 7, and for three to four days afterward, Georgian officials did not say that Russia had launched its invasion first but only that their forces were responding to stepped-up attacks...

Author: /time Magazine | Title: Who Started the War in Georgia? | 9/3/2008 | See Source »

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