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The timing of the charter's release is sensitive not just because of the significant anniversaries this year, but because the global economic slowdown has increased the potential for political unrest in China. Thousands of factories in the south have closed, and demonstrations by workers over unpaid wages have become...

Author: /time Magazine | Title: Beijing Clamps Down After Call for Democracy | 12/17/2008 | See Source »

As of Jan. 1, the actuarial value of the assets in the pension fund was $766 million, giving Cambridge’s pension plan a funded ratio of 91.96 percent—just above the 90 percent ratio that many experts say is financially responsible. By comparison, Boston?...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Cambridge Pensions Relatively Robust | 12/16/2008 | See Source »

According to the city’s budget director, Louis A. Depasquale, Cambridge was on track to pay off its unfunded liability—reported at $67 million at the start of the year—by 2013. Massachusetts law requires cities and towns to pay off their unfunded liabilities...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Cambridge Pensions Relatively Robust | 12/16/2008 | See Source »

The percentage of lower-income students in the freshman class has held steady for the past few years at “just below about a quarter of the class” after rising when increases in financial aid were announced a few years ago. Currently, about 60 percent of...

Author: By Lingbo Li, CRIMSON STAFF WRITER | Title: Aid Office Continues Efforts To Recruit Lower-Income Students | 12/15/2008 | See Source »

Gore received warm applause from the crowd, but it's not clear his message really got through. Though expectations for the annual summit weren't high, thanks in part to a leadership vacuum in the U.S. and the nagging distraction of a worldwide financial meltdown, neither were its accomplishments. More...

Author: /time Magazine | Title: All Talk, Little Action, at UN Climate-Change Summit | 12/13/2008 | See Source »

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