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...More than anything, the startling number testifies to the buoyancy of equity markets in China - which many analysts believe are classic, overvalued bubbles, destined at some point to crash. Indeed, the Shanghai market tumbled more than five per cent on July 5, before recovering on Friday. But $52 billion, whatever the environment, is serious money - without question a milestone in China's extraordinary economic transformation. Consider that the most money ever raised for IPOS in the United States in a single year was $63.1 billion. That was in 1999 - at the peak of the technology bubble...

Author: /time Magazine | Title: China's Stock Market Mania | 7/6/2007 | See Source »

...America, and it laughs at the feeble efforts of mere politicians to change it. This Administration can hold as many prayer breakfasts and cover as much bare-breasted statuary as it wants, it has still presided over the society that produced Joe Millionaire, the Saw movies and 50 Cent...

Author: /time Magazine | Title: How Bush Became the Curser in Chief | 6/7/2007 | See Source »

...naive, to say the least. Edwards is without a doubt the most phony-baloney candidate out there, Democrat or Republican. He is the model of political self-interest. Edwards has been carefully grooming himself for political glory ever since he finished milking the health-care industry for every cent he could as a trial lawyer specializing in personal-injury litigation. His baby kissing and do-gooder track record clearly indicate he's an ego-driven man purely in it for himself and will do whatever is politically expedient to achieve the highest elected office in the country. Jeremy Dreyer, Matthews...

Author: /time Magazine | Title: Inbox | 5/17/2007 | See Source »

...MORE INFO: VPs Agree to Meet with Strikers (May 11, 2007): High-level University officials agree to a meeting with students to discuss the issue. Representatives from SEIU 615 also reject AlliedBarton’s offer of a 32-cent raise during negotiations, and as a second hunger striker is hospitalized, student protesters threaten an “escalation in tactics” if Harvard does not intervene in the negotiations...

Author: By Stephanie S. Garlow, CRIMSON STAFF WRITER | Title: Harvard Agrees To Honor ‘Two Key Student Demands’ | 5/14/2007 | See Source »

...Officials did not release the details of the offer. But Austin S. Guest ’07, a spokesman for the group of students leading the campaign for higher wages, the Stand for Security Coalition, said that the security guards were offered $13 per hour, a 32-cent raise which fellow hunger striker J. Claire Provost ’07 called “completely insulting...

Author: By Brenda C. Maldonado, CRIMSON STAFF WRITER | Title: VPs Agree To Meet with Strikers | 5/11/2007 | See Source »

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