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...this calm was not to last.On September 15, 2008, Lehman Brothers filed for Chapter 11 bankruptcy protection. This sudden collapse marked the start of a financial chain reaction that reached across the oceans, bringing down parliamentary governments in Iceland and Latvia, and forcing the Hungarian and Ukrainian governments to appear hat-in-hand before the International Monetary Fund. We also watched—with some concern—as growth forecasts in several important emerging markets, like China, dipped for the first time in decades. We encouraged American and European policymakers to take aggressive action to forestall the crisis...
...place as it may appear, this is no bridge to nowhere. Soaring a quarter-mile (400 m) above the Baling River, the $216 million span will reduce travel time considerably for the stream of trucks and cars traversing a highway that connects the provincial capital, Guiyang, with the nearest big city, Kunming, the capital of neighboring Yunnan province. Far from resenting the bridge as a white elephant, the residents of nearby Guanling, a one-stoplight town where the average income is less than $150 a year, view it as crucial to economic development and improvement in their lives. "I really...
While I empathize with Edwards, she does not appear to hold her cheating husband too accountable. Affairs take two people, and she seems to place 99% of the blame on the other woman involved. Rose Richard, SIGNAL HILL, CALIF...
...high expectations coming out of the gate. That is, unless you are Louis Caputo.The junior co-captain of the Harvard wrestling team stormed back from a knee injury that robbed him of a 2007-08 season, refusing to miss a beat after an entire year on the sidelines.Rather than appear tentative in his return to the mat, Caputo simply dominated his opponents, winning five straight matches to claim the Binghamton Brute Open title at 184 lbs, earning a top-10 ranking that would remain all season.But the junior was just getting started. Caputo led the Crimson in wins with...
...suffice.The force struck again on the night of Feb. 20 at Lavietes Pavilion. The Harvard women’s basketball team faced Princeton in a must-win game to keep the Crimson in the running for the Ivy League title. While Harvard’s 54-50 win might appear mildly interesting in the box score, attendants of the game know it to be one of the most remarkable comebacks that any Crimson team orchestrated throughout the year.It was around 8:00 pm that the Harvard players began walking sullenly into their locker room after some of their sloppiest play...