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...idea is that in a global economy so tightly linked that problems in the U.S. real estate market can help bring down Icelandic banks and Asian manufacturers, AIG sits at some of the critical switch points. Its failure, so the fear goes, would set off chains of others, rattling around the globe in short order. Although some critics say the fear is overblown and the world economy could absorb the blow, no one seems particularly keen on testing that approach...

Author: /time Magazine | Title: How AIG Became Too Big to Fail | 3/19/2009 | See Source »

...Messaging The Koran The soft revolution is made concrete in hundreds of new schools from Turkey to Pakistan. Its themes echo in Palestinian hip-hop, Egyptian Facebook pages and the flurry of Koranic verses text-messaged between students. It is reflected in Bosnian streets honoring Muslim heroes and central Asian girls named after the holy city of Medina. Its role models are portrayed by action figures, each with one of the 99 attributes of God, in Kuwaiti comic books. It has even changed slang. Young Egyptians often now answer the telephone by saying "Salaam alaikum"--"Peace be upon you"--instead...

Author: /time Magazine | Title: A Quiet Revolution Grows in the Muslim World | 3/19/2009 | See Source »

...Phillips Brooks House Association Chinatown Committee; Andrea R. Flores ’10, president of the Undergraduate Council; and Edward Y. Lee ’08-09, co-director of the Harvard Undergraduates for Human Rights in North Korea. Shortly after the discriminatory graffiti was first discovered, seven different Asian-American student organizations sent e-mails last Saturday night to gauge interest in holding a rally. In less than a day, they had heard back from nearly 30 different student groups. “It was sort of the incident that brought a lot of other incidents to the forefront...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITERS | Title: Students Rally Against Racism | 3/19/2009 | See Source »

It’s a shame that the Asian-American response was not more substantial, for anti-Asian racism is a real problem that deserves serious discussion. Subtle racism is particularly pervasive in the American media; the reporting on Chinese affairs in the New York Times, for instance, is not so different in spirit from the comments left on the Lowell walls. Take for example, a recent New York Times article on the “50th Anniversary of Democratic Reforms in Tibet,” which has a headline reading, “Tibet Atrocities Dot Official Chinese History...

Author: By Marion Liu | Title: Only the First Step | 3/18/2009 | See Source »

...that sense, then, perhaps the slurs were a mixed blessing—though they were hurtful, hate-laden, and extremely inappropriate, they spurred us into action. This is not the first time we have heard slighting remarks about the Asian population, but, now that they are appearing on our own walls, we cannot ignore them as we do when we see them in our newspapers. It is unfortunate that we need to wait for the writing on the wall to be motivated into action, but at least a moment for awareness has now come...

Author: By Marion Liu | Title: Only the First Step | 3/18/2009 | See Source »

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