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...billion in 2009. Passenger traffic, it forecasts, will slide 3%, the first fall since 2001. Next year looks particularly bleak for European carriers. Having hedged more than U.S. rivals against the spiraling fuel costs earlier this year, European airlines - now locked in to fuel contracts - are less able to benefit from the steep slide in the price of oil in recent weeks. American carriers have also reacted quicker than European rivals when it comes to cutting back on capacity. So while U.S. airlines account for most of the global industry's losses this year, IATA expects them to turn...

Author: /time Magazine | Title: In the Downturn, Europe's Airlines Scramble to Merge | 12/18/2008 | See Source »

...Salazar as his new Secretary of the Interior at a news conference in Chicago Wednesday morning, he was likely hoping for the same worshipful reaction. "It's time for a new kind of leadership in Washington that's committed to using our lands in a responsible way to benefit all our families," said Obama. "That is the kind of leadership embodied by Ken Salazar...

Author: /time Magazine | Title: Salazar at Interior: For Greens, Not a Dream Choice | 12/18/2008 | See Source »

...campus and increasing the integration of the arts into our curriculum—should be implemented as soon as possible. In light of the push for more collective social space that serves the student body, there should be more on-campus art exhibitions. The student body would also benefit from more visiting artists and artists-in-residence. An emphasis on teaching and interaction with undergraduates, in the shape of formal classes, informal extracurricular sessions, or study groups akin to the current Institute of Politics Fellows Program would benefit both students and the artists who would find in Harvard a community...

Author: By The Crimson Staff | Title: Beauty in the Vision | 12/14/2008 | See Source »

...shared by TFA, a public-sector opportunity that advances our new emphasis on public work. Regardless of the motivations behind this rise in applications, it can only be positive that TFA and their participatory schools now have a wider pool of applicants from which to choose. Furthermore, society benefits by exposing more individuals to the American public school system—especially those individuals who, over time, are likely to excel in other fields after being shaped and informed by their TFA experience. TFA has projected adding over 1,000 people to the program this year. Even so, with sizably...

Author: By The Crimson Staff | Title: Teach for What? | 12/14/2008 | See Source »

...benefit of globalization is not being shared very well, not in China, not in the United States. It should be shared better,” Tung said...

Author: By Weiqi Zhang, CONTRIBUTING WRITER | Title: Hong Kong Official Urges U.S.-China Ties | 12/11/2008 | See Source »

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