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...economics behind both deals is clear enough - and are so compelling from China's standpoint that there are likely more to come. Both Rio and Oz Minerals have been crushed by the global recession's effect on demand for what they produce. Both have seen their value plunge as a result, and now labor under enormous debt burdens. Rio's stock price peaked at $552 a share last spring, then fell to a 52 week low of $55. The stock last traded at $112 on the New York Stock exchange. Oz Mineral's stock price hit AU$0.55 when trading...

Author: /time Magazine | Title: China Buys Australia On the Cheap | 2/17/2009 | See Source »

...near Au Bon Pain, according to Steven G. Catalano, the spokesperson for the Harvard University Police Department. The victim, who requested anonymity because the investigation is ongoing, said he was returning to his room in Leverett and was in front of old Quincy House when he was approached from behind by the perpetrator. The robber petitioned the student for money, and the situation escalated when the student refused, according to the victim. “He stuck one hand into the front pocket of his hoodie and pulled out what appeared to be the handle...

Author: By Emily J. Hogan, CRIMSON STAFF WRITER | Title: Leverett Junior Mugged Saturday | 2/17/2009 | See Source »

...Harvard lost its grip on the ability to control its own destiny.Saturday’s 74-71 loss in Lavietes Pavilion puts a serious damper on the Crimson’s hopes for an Ivy League crown. Harvard (13-8, 5-2 Ivy) now finds itself two games behind league-leading Dartmouth.The defeat marred an incredible weekend performance by sophomore Emma Markley. The forward followed up her 18-point, 10-rebound game against Cornell on Friday with yet another double-double. Markley led all scorers with 27, matching her career high. She added 14 rebounds and eight blocks?...

Author: By Jay M. Cohen, CRIMSON STAFF WRITER | Title: Upstart Lions Upset Crimson in Close Game | 2/16/2009 | See Source »

...Stone said. Harvard answered with four more goals in the final frame, three belonging to Vaillancourt and the other to Brine. The first Crimson goal of the third came from Vaillancourt less then seven minutes into the period. Vaillancourt received a pass from junior Kathryn Farni behind the blue line, and outskated two Cornell defenders on a breakaway to set up the score. Within minutes, Vaillancourt tallied her third goal off another pass from linemate Chute. This score rounded off Vaillancourt’s hat trick, her third of the season, and was the 100th goal of her collegiate career...

Author: By Katie Kuzma, CONTRIBUTING WRITER | Title: Victory Over Cornell Earns Title | 2/16/2009 | See Source »

Last year's gripping campaign and the wave of popularity behind Barack Obama have focused tremendous attention on the White House and the presidency. As the country marks Presidents Day, TIME spoke with author and historian Richard Norton Smith about America's "schizoid" relationship with its President, the lofty expectations for Obama and the way history's verdicts can shift over time. (See pictures of Barack Obama's nation of hope...

Author: /time Magazine | Title: A Historian's Take on Obama | 2/16/2009 | See Source »

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