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...owned, have little access to capital markets and are getting squeezed by the credit crunch. Ronald Pofalla, the general secretary of Merkel's Christian Democratic Union (CDU), says, "We think that now is the right time to consider creating a Germany Fund, especially to help midsize industry in this difficult period and ensure optimal availability of financing...
...think it's difficult for people to be financially compatible in that...
...media, but she was never a serious contender.”CHALLENGES FOR THE NEXT DEANObama’s gain, though, is already being viewed by Law School faculty as Harvard’s loss. Many say they agree that Kagan’s successor will find it difficult to follow Kagan, who was described by law professor Einer R. Elhauge as “the greatest dean in her time.”Other legal academics have expressed uncertainty over whether Harvard can build upon the institutional improvements that Kagan has enacted or whether it will backslide after...
...currencies paying higher interest rates. That was an easy way to make money until central bankers in the U.S. and other countries began slashing borrowing costs as the credit crunch hit and their economies faltered. The carry trade "is a very strong and powerful movement, and it's difficult to stop it," Sasaki says. "I think that Japanese officials understand that, and that's why they haven't intervened...
Noise pollution is one problem. The bikes hold 10 to 22 people, and when the drinking starts, the riders' shouts become increasingly difficult to ignore. Wanda Nikkels, who lives in the red-light district, says the more beer passengers consume, the more obnoxious they get and the slower they pedal. They also have a habit of trampling flowers, steering into pedestrian-only zones and blocking traffic. "Recently there was a group of guys who parked their bike in front of some hookers and the girls made a live show and the boys kept screaming," she says. "It was just...