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...Klang, not far from Kuala Lumpur. The latest official figures show that the project has ballooned to about $1.4 billion, more than double what was projected in 1999. Critics contend that graft has plagued the project, undercutting Abdullah's much-vaunted anticorruption drive. "Thus far, Abdullah's promises to curb corruption remain just that: promises," says Ramasamy Palanisamy, a former professor of politics at the National University of Malaysia. At the same time, the PM, who once earned plaudits for cutting back Mahathir's excesses, has signed off on several megaprojects, including a reinstatement of the controversial dam in Borneo...

Author: /time Magazine | Title: Identity Crisis | 11/28/2007 | See Source »

...accidentally deleted it. So what is it about Harvard and e-mails? The brackets at the beginning of most messages hold the clue. Will Rogers once observed that “We can’t all be heroes because someone has to sit on the curb and clap as they go by.” Harvard students have yet to realize this. Our solution to the need for someone to clap as we go by is not fewer heroes but more parades. This is why, on any given weekend, Harvard students receive invitations to three “Parties...

Author: By Alexandra A. Petri | Title: Organization Men | 11/26/2007 | See Source »

...backing a loan with 42 percent interest—twice the legal limit—in a lawsuit filed last week. Fred Fahey, the developer who filed the suit, charged that Harvard and other institutions, including endowments at Yale and Princeton, violated a law that was intended to curb loan sharks, who impose excessive rates on borrowers, often backed by threats of violence. The lawsuit claimed that Harvard and the other institutions invested in Realty Financial Partners, which charged an interest rate that exceeded state limits. Other parties that were named in the suit included the University of Notre Dame...

Author: By Kevin Zhou, CRIMSON STAFF WRITER | Title: Suit Accuses Univ. of Backing Illegal Loan | 11/26/2007 | See Source »

...investors believed the government would do nothing to damage confidence in stocks before Beijing hosts the 2008 Olympics next summer, that belief has proven to be unfounded. In recent weeks, regulators ordered commercial banks to freeze lending activities through the end of the year - a major step calculated to curb the country's overheated economy that could have a knock-on effect on share prices...

Author: /time Magazine | Title: A Market Mood Swing | 11/22/2007 | See Source »

Vietnam is paradise for anyone with an adventurous palate, and its tastiest dishes can be found curbside - but pick the wrong curb and you could face intestinal meltdown. At Quan An Ngon, tel: (84-4) 942-8162, diners can experience all of the flavors with none of the risk, as former street vendors prepare their specialties - such as banh cuon (ground pork and mushrooms steamed in rice-flour crepes) and rice porridge with eel - in a clean, open-air courtyard...

Author: /time Magazine | Title: The Spice of Hanoi | 11/21/2007 | See Source »

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