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...supply. This is occurring for two reasons. First, central banks are now satisfied that deflation has been avoided - an especially big deal for the Bank of Japan, which just abandoned nearly six years of zero interest rates. Second, authorities are concerned about the risks of incipient inflation. So-called core inflation gauges have accelerated in a climate of sharply rising energy prices. Determined to avoid the mistakes of the 1970s, central banks have been quick to tighten in response. This changes the rules of engagement for investors, who are now being denied access to the cheap funds they were putting...

Author: /time Magazine | Title: Risk Adjusted | 7/23/2006 | See Source »

...cell research if it were as science mad as this city-state of 4.4 million. For all the hundreds of millions of dollars Singapore has devoted to high-tech lab equipment and recruiting top scientists from around the world, it is spending just as much to educate a homegrown core of young Singaporean scientists to continue the work. Until they come of age, Yeo will be just as happy to come shopping for talent in the U.S. And as long as the stem-cell debate stumbles on in the U.S., American scientists will be just as happy...

Author: /time Magazine | Title: Stem Cell Central | 7/23/2006 | See Source »

...strong central government to defend Lebanon. Meanwhile, Hizballah decided to do this operation. I was completely shocked. Things were moving in the right direction. We were supposed to have another session [of the national dialogue] in two days. We all know, they know, the world knows, that the core problem of this issue is not Hizballah or Lebanon, but countries that finance these people, like Syria. Nobody does anything about them...

Author: /time Magazine | Title: Saad Hariri: "We Will Rebuild Every Bridge" | 7/23/2006 | See Source »

...interim report released last Friday by the University Planning Committee for Science and Engineering (UPCSE) introduced a set of recommendations that include placing “hands-on learning” at the core of undergraduate science courses and tearing down obstacles to cross-departmental research opportunities...

Author: By Katherine M. Gray, CRIMSON STAFF WRITER | Title: Science Report Calls for Broad Reforms | 7/21/2006 | See Source »

...this is a key problem throughout the book: Slavitt regards candidate-to-voter contact—the core of our political culture—as “sordid” and “vulgar...

Author: By Paras D. Bhayani, CRIMSON STAFF WRITER | Title: Slavitt’s Memoir Mired in the “Blue State Blues” | 7/21/2006 | See Source »

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