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...into balance. French President Nicolas Sarkozy in particular has been scathing in his demands that the ECB drop its obsession with controlling inflation and, instead, introduce measures that would allow European economies to expand faster. As part of that, the French are calling on the ECB to reduce its benchmark lending rate of 4% in much the way the U.S. Federal Reserve has in the past months. That move would not only make it easier for companies and consumers to access credit, but also decrease the higher yields investors are seeking when they pull their money...

Author: /time Magazine | Title: Europe Longs for a Weaker Euro | 3/13/2008 | See Source »

Recently elected Mayor E. Denise Simmons criticized Superintendent Thomas D. Fowler-Finn’s budget presentation for its measures of success that she said “set the benchmark...

Author: By Vidya B. Viswanathan, CRIMSON STAFF WRITER | Title: Committee Debates City Schools | 3/5/2008 | See Source »

...subprime crisis and credit crunch, failed to be reassured that a $145 billion stimulus package rolled out by the Bush Administration would do much to keep the U.S. economy afloat. The main index in Hong Kong dropped 5.5%, its biggest percentage loss since Sept. 11, 2001. India's benchmark shed 7.4%. In Europe, Britain fell 5.5%, France 6.8%, and Germany 7.2%. Brazilian stocks dropped 6.6% and Canada's main index lost 4.8%. In the U.S., markets were closed for the Martin Luther King Jr. holiday, but when they reopened on Jan. 22, the Dow industrials promptly shed 300 points, joining...

Author: /time Magazine | Title: Why the US Economy Still Matters | 1/22/2008 | See Source »

...pension funds that are required to put some portion of their money in socially responsible investments. Meanwhile, a slew of new mutual funds is selling individual investors on the heady growth prospects of companies in areas like cleaner energy or environmentally friendly consumer products. HSBC has tracked back its benchmark climate-change index to 2004, and claims it would have outperformed the MSCI World Index by about 70% - evidence that, so far at least, there has been plenty of opportunity to profit from environmental peril...

Author: /time Magazine | Title: Cash Cow | 12/12/2007 | See Source »

...simply for what Professor of Government Harvey C. Mansfield ’53 notoriously called “the rule of the less wise over the more wise, of students over professors.” Ratings also play a role in the tenure process and help improve the benchmark for a Harvard education.If today’s motion is passed, all courses with five or more enrolled students will be required to participate in course evaluations (smaller classes being exempted because of the compromise of anonymity). This recommendation follows the January 2007 report of the Task Force on Teaching...

Author: By The Crimson Staff | Title: Right On “Q” | 12/10/2007 | See Source »

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