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...Their unit-labor costs have risen faster than anywhere else. So their exports can't compete; hence they run some of the largest current-account deficits. What do you do when you shovel coal and run out of fuel? You borrow - as the PIIGS have done. The markets have cast their verdict on that. Now, Greece has to borrow at twice the interest rate that German bonds fetch...
...area native from a Harvard-favored public school, not only was I not ecstatic about my admission, I was actually depressed that I hadn't gotten into other schools that would finally allow me to leave Boston.” But all was not lost: “The cast member next to me said he received an acceptance e-mail, but then claimed five days later that the email had been sent by accident and gave me all the Harvard paraphernalia that he'd bought. I still wear his tainted clothing...
...European Union likes to cast itself as a champion of human rights, both at home and beyond its borders. So why is the E.U. allowing European firms to export thumbscrews, stun guns and other devices that could be used for torture to countries with spotty human-rights records...
...most definitely is, and attempting to figure out exactly what it’s supposed to mean is liable to result in a throbbing headache and not much more. But the play succeeds by not taking itself too seriously—the play-within-a-play format allows the cast to repeatedly break the fourth wall, and they offer a touch of self-conscious humor that avoids any potential frustration with the production’s opaqueness. Maupassant (Philip Y. Gingerich ’13), installed among the audience members, occasionally cheers on, shouts at, and has conversations with those...
...numbers, the mysteries of life can be revealed,” claims the cast of “Adding Machine,” the Off-Broadway musical making its New England premiere at SpeakEasy Stage Company, where it will run through April 10. Unfortunately, the musical fails to deliver any illuminating observations on either numbers or life’s mysteries. An adaptation of Elmer Rice’s 1923 expressionist play of the same title, “Adding Machine” tells the story of Mr. Zero, a downtrodden worker whose life suddenly collapses. What follows...