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...European economies aren't as big as the U.S., so the debt involved isn't as much, but when levels get too high and financing them just isn't possible anymore, the entire thing will come falling down," says Eric Grémont, co-founder of the Paris-based Politico-Economic Observatory of Capitalistic Structures. To avoid this, he and Touati both say that states must freeze their spending at current levels to speed up a return to economic growth. But when that happens, they add, governments must also start slashing budgets, reducing expensive state services and cutting jobs...
...21st century, the agency will be turning to a mix of suppliers to dream up its rockets, notably United Launch Alliance (ULA), a joint venture of Lockheed and Boeing. The company already has a big and impressive lineup of boosters that it sells regularly to the military and commercial launchers. And with 37 flights in the past 36 months, it clearly knows its business. The problem is that ULA rockets were not built for the trickier job of launching people, and not a single one of them is crew-rated. It will take at least four years to make...
Supplementing the CEB’s three core programs—Yardfest, the Harvard-Yale Pep Rally, and the fall welcome back celebration—is Harvard Thinks Big, a collaboration between the CEB, the Undergraduate Council, and Harvard Undergraduate Television where well-known Harvard professors can speak on a topic of their choosing...
...course, nobody expects China to suddenly see the error of its ways and liberalize completely just because Google decides to check out. Yet there may still be tangible ways in which Google’s departure could make a big impact on Chinese society. It is all too easy to underestimate how much Chinese citizens actually know about the doings of their government, and Google’s disagreement with internet censorship will not go unnoticed, even if government officials continue to insist that there is open internet in China. Google’s actions therefore could help bolster human...
Despite Moore’s unusual approach to creating characters, the most rewarding moments of “A Gate at the Stairs” come when Tassie is alone, reading and cooking and playing her bass in an apartment that feels too big. These quieter, pensive moments are lovely in their understatement and their insinuation of a profound loneliness that hangs over Tassie and Troy but is never directly acknowledged...