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...chaperones to those students who might, by some opponents’ logic, fall prey to military recruiters. Rather, it is Harvard’s place to foster an open and democratic debate and, as an American institution of higher education, to support our country??s armed forces. Harvard’s antidiscrimination policy may have been made with the best of intentions, but ROTC's presence would not imply Harvard’s official imprimatur, and would hardly intimidate or threaten homosexuals on campus—the symptom the policy seeks to quash...
...country??s oldest concrete stadium may get a face lift—or at least...
Over the past decade, oligarchs and oil have shaped the contours of the Russian landscape. After the Cold War, Russia was taken over by a handful of gangster-oligarchs, who purchased the country??s oil companies from the nation’s insolvent banks. The companies were corrupted by their leaders, who received manufactured goods at below-market prices and sold them at normal rates. Profits were retained outside Russia, and the country was, to say the least, robbed—for as much as $500 billion from 1993 to 1998. These egregious steals cultivated animosity among Russian...
Over the past six months, Russian oil companies have undergone rapid and considerable consolidation, attracting attention and investment from American and European firms. In April, the country??s biggest and fourth-biggest oil companies, Yukos and Sibneft, merged to form the largest Russian company in post-Soviet history; ExxonMobil and Shell immediately announced their interest in joining the new partnership. Prior to this, British Petroleum merged with Russian oil company TNK, and the new company rebounded financially. Such an influx of foreign investment is the first step toward linking Russian oil with the United States...
Unfortunately, the HIPC initiative is flawed. To begin with, it measures “debt sustainability” as the ratio of a country??s annual exports to its debt burden, a problematic metric which renders impoverished nations such as Haiti, Bangladesh, and Nigeria ineligible for assistance. If a country receives HIPC status it must then agree to strict macroeconomic conditions—such as limits on government spending—which are intended to keep deficits low and inflation down. In practice, however, these constraints often force indebted nations to impose user fees on health and education...