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...from clear that energy consolidation benefits the European economy or the consumer. Yes, theoretically it's an improvement if energy suppliers can easily shift their gas or electricity around the region. But the market needs enough competitive players to make it work. So while Brussels might cheer consolidation in some sectors - cross-border banking, for example - in others, like utilities, it's more of a headache. Remember the deregulated U.S. market of the late '90s, when a handful of big utilities, Enron among them, were able to dominate, sending prices skyward? Kroes admitted last month that high industry concentration...

Author: /time Magazine | Title: Balance Of Power | 3/5/2006 | See Source »

...behind a long table in the basement of the Loeb Drama Center. They’re a little worried about turnout for “Chicago,” although rumors that “everyone” was talking about their show in Annenberg today seem to cheer the gang’s spirits. The long stretches of idleness make the contrast that much greater when the first few actors walk in; each time, there is a strange moment of silent formality when an actor hands in his or her Common Casting form and stands there, waiting, as Hanley...

Author: By Mary A. Brazelton, CRIMSON STAFF WRITER | Title: Chris N. Hanley | 2/23/2006 | See Source »

...contain). Every “twist” is painfully obvious minutes in advance, except the ones that still don’t make sense after you’ve left the theater. One of the digressions in the story deserves special mention. Oleg gets kidnapped by a frighteningly cheerful couple with a beautiful apartment who enjoy kidnapping, torturing, and killing children, filming the whole thing. It makes for some nicely creepy “things are not as they seem” moments, but ultimately the only purpose of this lengthy sidetrack—which has nothing whatsoever...

Author: By Elisabeth J. Bloomberg, CRIMSON STAFF WRITER | Title: Running Scared | 2/23/2006 | See Source »

Hanley and his crew sit behind a long table in the basement of the Loeb Drama Center. In the long stretches of idleness, they worry about turnout for "Chicago," although rumors that "everyone" was talking about their show in Annenberg seem to cheer the gang’s spirits...

Author: By Mary A. Brazelton, Patrick R. Chesnut, Lindsay A. Maizel, and Natalie I. Sherman, CRIMSON STAFF WRITERS | Title: Stage Bound | 2/23/2006 | See Source »

There's still a lot to cheer about. The Board of Economists' direst predictions last year--that the dollar would tank, long-term interest rates would rise sharply and the housing bubble would pop--didn't come to pass. Indeed, the dollar rose in value, and the yield on 10-year bonds barely budged, despite a series of interest-rate hikes by the Federal Reserve that were followed at year-end by a rate hike by the European Central Bank. Most significant, there's still no strong evidence of a resurgence of inflation, even though oil prices have more than...

Author: /time Magazine | Title: Two for the Road | 2/19/2006 | See Source »

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