Word: currented
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...panel chaired by Nobel Prize-winning economists Joseph Stiglitz and Amartya Sen released a report on behalf of the French government calling for governments to form new measurements of economic vitality that account for factors other than growth. Announcing the panel's findings, French President Nicolas Sarkozy said the current economic crisis provided an opportunity to revise old wisdoms. "A great revolution is waiting for us," he said. "France will fight for all international organizations to modify their statistical methods. The crisis doesn't only make us free to imagine other models. It obliges us to do so." (See pictures...
...significantly improve survival. Indeed, according to the American Cancer Society (ACS), the 10-year survival rate for prostate-cancer patients over age 65 who pursue aggressive treatment (surgery, radiation or chemotherapy) is 97%, slightly higher than the survival rate of the 66-to-74-year-old patients in the current study who chose no treatment. "Cancer is the scariest word in medicine for many patients. The first thought is, Oh, my God, I'm going to die. The next thought is, What can we do to get rid of this? But we've known for quite some time that many...
...open spaces, transportation, and retail opportunities can wait no longer. And as is common during planning discussions in Allston, blame quickly shifted to Harvard as well. “Harvard University has been completely recalcitrant,” said local resident Brent Whelan. Like some other critics of the current plan, he said the proposal’s faults could be alleviated if the University would allow for residential development on more of its unused Allston land holdings. Until “Harvard is an actual participant” in the planning process, a viable agreement would be impossible...
Therefore, although there are lessons to be learned going forward, calls to drastically scale back risk-taking in the future are unfounded. This would prevent Harvard from recovering from its current dire straits and stunt our growth prospects. HMC should instead look to manage money mindfully, attaining good enough returns given the university’s particular situation. This is our best hope to seeing the endowment recover and making the budget cuts of the past year a distant memory...
Specializing in finance, Stein worked most intensely on the financial stability plan, which he describes as “the effort to deal with the current problems of the banking and what some call the ‘shadow banking’ system...