Word: centralism
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...deflation isn't just a U.S. anxiety. Japan, which emerged from deflation only earlier this decade, is now back in recession, has negligible inflation and could soon see prices fall again. So too in Europe, where the European Central Bank was behind the curve in seeing the risks to growth that the credit crisis posed and kept interest rates too high for too long. Though Europe is not in outright deflation yet, the pressures across the continent are all trending downward. Even in China, the world's largest developing nation, officials acknowledge that the risk of inflation - their main concern...
...each of those [specialty] areas—and that’s a struggle for the masters,” Nelson said. While the College is still reluctant to tamper with Harvard’s decentralized residential House system, the committee recognized that a lack of coordination from the central administration has added to the problem. Tutors are responsible for receiving training from and coordinating activities with corresponding College-wide liaison offices but have not done so effectively in the past. In some cases, these liaison offices are unaware of who the specialty tutors in each of the houses...
...Berkman Center—Harvard’s main organization for Internet-related studies—Kaufman has been using data from social networks and user-stated cultural preferences on Facebook to study “the nature of affiliation,” which he feels is a central aspect in new media and cultural changes spurred by the Internet...
...third consecutive year that the Crimson will join the field of 48 in the quest to reach the pinnacle of collegiate soccer. The team knows from experience that nothing will be easy from here on out.A year ago, Harvard gained an at-large selection, but was upset by Central Connecticut State in the first round. In 2006, the Crimson got past the opening round, defeating Binghamton 2-1. But that would be as far as the team would get, as Harvard was soundly beaten by eventual runners-up UCLA in the second round.This year will be no less difficult...
...Raphael le Masne, executive chairman of Shanghai Tang, says that the high-end fashion retailer began to experience modest declines in sales from early October, especially due to fewer high-spending tourists and travelers in the city. On some days in November, Shanghai Tang's boutiques in the ritzy Central district generated half the sales they had one year ago. "Things are deteriorating by the day," le Masne says...