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...Europe, the sector is a critical part of the economy. In Lithuania, for example, it accounts for as much as 8% of gross domestic product. "The authorities must either take whatever steps are appropriate to persuade the Chinese to limit their appetite for the E.U. market or they will bear the heavy responsibility of further factory closures, rising unemployment and the resultant impact on tax and social security revenues," says Euratex President Filiep Libeert, who is urging the European Commission to limit Chinese exports by invoking a "safeguard clause." The E.U. is allowed to take such action under world trade...

Author: /time Magazine | Title: The Price is Right | 3/27/2005 | See Source »

...people with millions watching on cable television, teleconferencing, and the Internet. Since its inception in 1978, heads of state, leaders in politics, government, business, labor, and the media have all come to the Forum to make their case to the Harvard community. That we have this opportunity to bear witness to this celebration of free speech and debate is unmatched both in quality and in volume at any other university in the world. We should not lose sight of how special this opportunity...

Author: By Craig M. Alpert and David M. Kaden, S | Title: A Civil Action: Ask a Question | 3/23/2005 | See Source »

...first glance, Willig may bear a bit more resemblance to Eloise Kelly, who, as Carnation’s prologue opens, has just left a stuffy carrel in modern Widener Library for a year of fortuitously-fruitful historical research in London. But for the last three years, Willig has led her very own many-faceted life, fitting her novelistic pursuits into a bifurcated academic schedule of history...

Author: By Simon W. Vozick-levinson, CRIMSON STAFF WRITER | Title: BOOK ENDS: Grad Student Grabs Readers With Bodice-Ripper | 3/23/2005 | See Source »

...conventional wisdom is that the price gains might slow, at least for a while, but that only tougher measures will truly strangle speculation. Andy Xie, Morgan Stanley's resident property bear, suggested that a 50% capital-gains tax for short-term buyers might do the trick. In the meantime, the bullish mood in Shanghai and other booming Chinese cities is "just phenomenal," says Anton Eilers, regional residential director at property firm Colliers International. "Putting a couple of small rocks on the track isn't going to stop the train...

Author: /time Magazine | Title: China's Property Fever | 3/21/2005 | See Source »

...economic and trade incentives. Until that time, the hard-liners in the Administration had regarded the European efforts with a mixture of amusement and disdain. For now, Washington has joined the "EU-3" effort, though it holds out the possibility of ending the partnership if that doesn't bear fruit...

Author: /time Magazine | Title: Condi on the Rise | 3/20/2005 | See Source »

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