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Manufacturers can't count on a swift rebound once a recovery is in progress. Americans are starting to save more, and they may not return to their free-spending ways for years. "There is good reason to believe the capitulation of the American consumer has only just begun," said economist Stephen Roach, chairman of Morgan Stanley Asia. Ajay Chhibber, director of the Asia bureau at the United Nations Development Program in New York City, says the tigers can't expect to weather this recession by temporarily increasing government spending to boost growth until Western export markets recover. "The model where...

Author: /time Magazine | Title: The Tiger Trap | 3/12/2009 | See Source »

...biggest grievance, personally, is that no one considers the flip side. While I have occasionally heard a stray Princeton girl or guy complain about a perceived lack of handsome men, I think I can count the number of times on one hand — while I’d need all the hands of the students in my Developmental Psych lecture (hint: it’s held in Friend 101, and people sit on the floor) to tally up the opposite grievance. What makes the boys think they’re any better than we are?  Somehow...

Author: By Bonnie J. Kavoussi | Title: Around the Ivies | 3/12/2009 | See Source »

...some point, thought was good “modern art.” And have you seen the windows? Those are definitely jail cell bars on them. And while the food is quite good and the guys at the grill are speedy and friendly, don’t count on brain break—Lev Dhall is notorious for being flooded with hungry physics nerds at night...

Author: By Aparicio J. Davis | Title: The Housing Crisis: Leverett House | 3/12/2009 | See Source »

French President Nicolas Sarkozy has never hidden his infatuation with celebrities. In recent years Sarkozy has burst with pride while being photographed with the stars he likes to count as both political supporters and personal friends. In 2007, he even went and married one. But as Sarkozy's government tries to crack down on illegal Internet downloads of music and movies, suspicions have surfaced that the proposed regulation could be just another case of the President protecting his famous friends...

Author: /time Magazine | Title: France Cracks Down on Internet Downloads | 3/12/2009 | See Source »

Although Melton argued that the new concentration is not preprofessional, many HDRB classes will be taught next fall by Medical School professors. The SCRB department—itself a joint venture of FAS and Harvard Medical School, begun in 2007—is currently offering courses that will count toward the nascent concentration’s requirements...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: FAS Approves New Life Sciences Concentration | 3/11/2009 | See Source »

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