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...Outside of China's main financial hubs, however, there is a risk that attempts to curtail overly optimistic investments by clamping down on credit will be ineffective, because local lenders may not heed Beijing's edicts. For a nation that was once completely command controlled, the central government has surprisingly few ways to compel regional lenders to obey orders. In Chengdu, for example, capital of Sichuan province 1,500 kilometers from Beijing, a branch of the China Construction Bank recently approved loans to upgrade a steel mill in the town of Panzhihua. Jiang Wen, chief of the bank's business...

Author: /time Magazine | Title: Time to Cool Down | 5/17/2004 | See Source »

...372nd reservists were assigned duty at Abu Ghraib in October. There, according to Army investigators, the chain of command got badly muddled. Army regulations limit the intelligence-gathering role of MPs to passive collection, but members of the 372nd found themselves fielding requests from military intelligence (MI) officers, who were in charge of part of the prison. In his investigation of the abuses, Major General Antonio Taguba found that MPs were "actively requested" by MI officers and private contractors to "set physical and mental conditions for favorable interrogation of witnesses." Taguba took testimony supporting this from several of those...

Author: /time Magazine | Title: Iraq: Inside Abu Ghraib: Why Did They Do It? | 5/17/2004 | See Source »

...MARATHON ROUTE: Deadlines are tight, but organizers insist widening of the 42-km route from Marathon to Athens will be ready by early July. TRANSPORT: Two new railway links should be running by July. NEW ROADS: Gridlocked Athens will get 210 km of upgraded roads and highways. SECURITY: The command-and-control center, consisting of 67 operational hubs, is complete. WHAT WON'T BE READY ROOFLESS: The roof over the Aquatic Center has been scrapped, exposing competitors to searing August rays. TRANSPORT: A rail line to Piraeus has been canceled. LANDSCAPING: Only one-tenth of the city's proposed plantings...

Author: /time Magazine | Title: Athens Clears A Hurdle | 5/16/2004 | See Source »

...Seth W. Moulton ’01 has seen the horrors of war firsthand. A marine under his command was seriously injured by artillery fire during the fight for Baghdad last April. “They didn’t think he’d make it, but he did,” Moulton said...

Author: By Daniel J. Hemel, CRIMSON STAFF WRITER | Title: Moulton ’01 Works to Build Iraq’s Free Press | 5/14/2004 | See Source »

...three principal pedagogical resources—the Derek Bok Center for Teaching and Learning, the Harvard Writing Project and the Instructional Computing Group—under one roof. And Allen said the creation of such an umbrella organization “would restructure administrative lines of command, and perhaps create more lines of command.” This would, he said, reduce the influence of the existing institutions’ administrators, who would now find themselves under the direction of the institute...

Author: By William C. Marra, CRIMSON STAFF WRITER | Title: Pedagogy Institute Idea Nixed | 5/14/2004 | See Source »

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