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The move comes after months of scrutiny and criticism over the University's decision to sell billions of dollars in bonds at high interest rates late last year, as the financial crisis deepened, in order to boost liquidity.

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Harvard Considers Swapping in Tighter Credit Line | 7/23/2009 | See Source »

July has been a trying month for China's President, Hu Jintao. First he was forced to scurry home from Italy to deal with race riots in western Xinjiang province that left some 190 dead. His departure just ahead of the opening of the G-8 summit at which China...

Author: /time Magazine | Title: Could Corruption Probe Linked to Son Hurt Hu? | 7/22/2009 | See Source »

Officials from Bashir's government called the Hague-based court's decision a step in the right direction, while south Sudanese leaders said it was acceptable. "We want peace, [and] we think this decision is going to consolidate the peace," said Riek Machar, a leader of the Sudan People's...

Author: /time Magazine | Title: Borders of Sudan's Oil-Rich Region Shrink | 7/22/2009 | See Source »

But the north rejected that decision, threatening the peace deal. The region's most important city, also called Abyei, saw fighting last year that killed dozens of people and forced some 60,000 from their homes. Abyei also came to be seen locally as a symbol of the entire peace...

Author: /time Magazine | Title: Borders of Sudan's Oil-Rich Region Shrink | 7/22/2009 | See Source »

In a bid to salvage the CPA, the two sides agreed to ask the Permanent Court of Arbitration, essentially a stop of last resort for disagreements that can't be solved elsewhere, to determine if the earlier ruling on Abyei's boundaries was correct. Making its ruling on Wednesday, the...

Author: /time Magazine | Title: Borders of Sudan's Oil-Rich Region Shrink | 7/22/2009 | See Source »

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