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Former University President Lawrence H. Summers and Harvard Corporation fellow Robert E. Rubin ’60 were among the participants in a Cabinet simulation that performed a mock response to a major disruption in oil at the Institute of Politics (IOP) Forum last night. = The simulation, called Oil ShockWave, was developed jointly by Securing America’s Future Energy (SAFE) and the Belfer Center for Science and International Affairs at the Harvard Kennedy School. The exercise consisted of a U.S. Cabinet responding to a worldwide oil crisis following terrorist attacks that hampered the global oil supply. The scenario...

Author: By Prateek Kumar, CRIMSON STAFF WRITER | Title: IOP Panelists Simulate Oil Shock | 4/29/2008 | See Source »

...Giovanna Tognetti the week before—La Salumeria Italiana, Sulmona Meat Market, and Polcari’s Coffee, where plastic barrels of dried legumes lined the floor, glass jars full of licorice root stick teetered precariously, and the whole store smelled like the deepest corner of a spice cabinet. Topor pointed out the same things that Ms. Tognetti had: the “real” Nutella in the glass jar, the impact of the Euro on the Salumeria, the less than desirable bresaola (air-cured beef) from Uruguay. The resonances between their favorite parts of the North...

Author: By Rebecca A. Cooper, CONTRIBUTING WRITER | Title: Pasta From Il Nord to the North End | 4/29/2008 | See Source »

...McCain has said his major economic emphasis will focus on stimulating the economy by continuing President Bush's tax cuts, slashing the corporate tax rate and reducing wasteful federal spending, which he said would be accomplished by banning congressional earmarks and reviewing efficiency of the cabinet-level agencies. He says he expects these policies, including a continuation of a lower capital gains tax rate, to help the economy grow, benefiting those at the bottom of the ladder as much as those higher...

Author: /time Magazine | Title: McCain Sells the Caring Conservative | 4/25/2008 | See Source »

...patron remained unperturbed. Three years ago, the company leveraged itself heavily to acquire Britain's Allied Domecq, a $13 billion deal that doubled Pernod Ricard's size at a stroke and added such brands as Beefeater gin, Ballantine's whisky and Mumm sparkling wines to the company's drinks cabinet. But the debt was speedily reduced to manageable levels, allowing Pernod Ricard to hit the M&A trail again. The changed economic outlook in the U.S.--the world's largest and most lucrative drinks market and Absolut's biggest--will surely make debt reduction tougher this time around. But what...

Author: /time Magazine | Title: Stiff Drink | 4/17/2008 | See Source »

...Gensek," the Russian abbreviation previously used for Secretaries General of the Communist Party. Vladimir Illyich Lenin was not the Chairman of the Supreme Soviet - the USSR's titular Head of State. That role was filled by his lieutenant Yakov Sverdlov. But the Communist Party leader, as Chairman of the Cabinet, held real executive power. The same was true of Joseph Stalin and his titular Head of State, Mikhail Kalinin. Nikita Khrushchev combined the offices of the Gensek and Prime Minister, while Leonid Brezhnev combined his leadership of the party with the role of head of state, because he desired...

Author: /time Magazine | Title: Putin's New Role: Soviet Echoes | 4/15/2008 | See Source »

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