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...community commitments.Harvard’s endowment, totaling nearly $37 billion last June, lost at least an estimated 22 percent of its value in the four months ending Oct. 31, according University officials. Harvard planners have said they are anticipating a 30 percent decline for the full fiscal year, although some reports have speculated that losses could be even greater.While Harvard has “robust credit strengths” and maintains a $2 billion line of credit from a consortium of banks, Moody’s said the University’s liquidity position has suffered recently...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Capital Spending May Be Slashed | 4/3/2009 | See Source »

...tuberculosis vaccine, began teaching this course to inspire students to think outside the boundaries of academic disciplines, with the goal of demonstrating how a specific idea might be transformed into reality, taking social, cultural, and economic concerns into account. Students need not actually follow through on these development plans, although many do. Lebônê, the project to bring sustainable lighting solutions to Africa that recently won a $200,000 World Bank grant, was born in Edwards’ class. Students are free to choose from a variety of group projects, which are based on the work of experts...

Author: By Rebecca A. Cooper, CRIMSON STAFF WRITER | Title: Chocolate Lovers: Get A Whiff of This | 4/3/2009 | See Source »

...into combat, but many other European nations - including Germany, which has Europe's biggest military force - restricts them to non-combat roles. The Italian government recently said it would like to allow its troops in Afghanistan to engage in more fighting. A Pentagon official told TIME on Friday that although the U.S. would not reject any offers of more combat troops from Europe, they are instead pushing harder for "money to grow the Afghan national army, trainers for the police, and civilian support - all of which we believe are more politically palatable to the Europeans...

Author: /time Magazine | Title: Afghanistan and NATO: Is Europe Up to the Fight? | 4/3/2009 | See Source »

...apropos of credibility, although NATO commands the International Security Assistance Force mission in Afghanistan, many of the troop contingents are sent with caveats that prevent them from being used in combat. Instead, the bulk of the fighting there has been done by the 36,000 American soldiers - and small contingents of British, Canadian and Dutch troops...

Author: /time Magazine | Title: As NATO Gathers, Its Future Is Looking Cloudy | 4/2/2009 | See Source »

...Although the Alliance formally inducts Albania and Croatia this weekend, the question mark over its purpose and future persists. One consolation: while NATO gropes for a raison d'être, so too do some of its detractors - Europe's feisty antiwar organizations. Six years after millions of Europeans took to the streets to demonstrate against U.S. plans to invade Iraq, the protest of the latest NATO summit is a sorry affair by comparison. Some 1,000 activists are camped in tents on the edge of Strasbourg in the so-called anti-NATO village, vowing to disrupt this weekend's summit...

Author: /time Magazine | Title: As NATO Gathers, Its Future Is Looking Cloudy | 4/2/2009 | See Source »

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