Word: beginnings
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...what would take the greenback's place? Economists say that China's suggestion of turning to SDRs might be viable, since SDRs are already considered a core part of central-bank reserves. But global traders would have to begin denominating transactions in SDRs instead of dollars, and there is no sign of that happening anytime soon. Portes of the London Business School says using SDRs as the top international currency is "not impossible," but he adds that "the fundamental problem is that the issuer of the [international] currency also has to be the lender of last resort. The IMF does...
Coming off Sunday’s 17-inning victory against Princeton, Harvard (7-18, 5-3 Ivy) begins its quest for its third Beanpot Championship today against Northeastern (14-10, 5-4 CAA). The contest, slated to begin at 3 p.m., will be played at Campanelli Stadium in Brockton, Mass. and will determine which of the teams play for the championship on Monday—against either Boston College or Massachusetts—at Fenway Park. If recent history between the two teams is any indication, this year’s game will be a close one. The opening-round...
...game marked a bittersweet moment for Demetri as it was the last time he could participate in the tradition that he co-founded. As freshmen, he and Smith raised more than $3,000 from corporate sponsors in order to begin the annual paintball challenge...
...game, 10-10.“I was just hoping he would give me something out over the plate, and he did,” Stack-Babich said. “It just felt great to tie it up.”Freshman Jeff Reynolds relieved Berardo to begin the fifteenth inning. Two quick singles led to Princeton’s having runners at the corners with no outs. Stack-Babich made a nice running catch on the right field line for the first out of the inning, and the following batter hit the ball back to Reynolds, who knocked...
...more vibrant and complex than the evening before. The second half, fittingly called “Perestroika,” a Russian term for restructuring, initiates and affects a profound upheaval in the emotional and spiritual lives of its characters. As the vague connections between all six main characters begin to develop into close relationships, the masks slip from their faces, revealing what truly lies at their core. The most gentle characters, like Harper and Belize, turn out to have the greatest strength of mind and character, while characters that are accustomed to controlling the people closest to them, such...