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...that it doesn't really want it - at least in forms other than investments in US Treasury debt? One of the things a country with more cash than it can possibly invest at home - a description which China fits in spades - does is recycle its surpluses is through foreign direct investment. And China, in fact, has done scores of resource deals in the developing world - of late with Russia, Kazakhstan and Brazil in the old and gas sector, for example. But twice now in the developed world, big Chinese investments have been spurned. First CNOOC, now Chinalco...

Author: /time Magazine | Title: Another Deal Blown, Where Will China Invest Now? | 6/7/2009 | See Source »

...delicate balance, one that pro-democracy advocates worry is tipping toward Beijing. Last year the Chinese government postponed direct elections in the territory, bumping the date from 2012 to 2017 for the chief executive and to 2020 for the legislature. The move outraged veteran campaigners like Martin Lee, Hong Kong's "Father of Democracy." Lee, recently the target of a foiled assassination plot, says Beijing is buying time, stacking the democratic deck. "They have postponed and postponed," he says. "Hong Kong will not have democracy until Beijing knows they have people...

Author: /time Magazine | Title: While Beijing Stays Silent, Hong Kong Remembers Tiananmen | 6/4/2009 | See Source »

...lily,” says Peter J. Solomon ’60, the founder of the New York-based Peter J. Solomon investment bank who has met with Faust on several occasions.CHANGING TACKAs the value of the endowment plummeted, donors have described Faust’s approach as direct and up-front in requesting their financial support to bolster the University’s cash reserves. Instead of winning donors over with plans for a new building dedicated to cutting-edge research, University leaders changed tactics and approached them for current use gifts and unrestricted funds to sustain Harvard?...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Donors Express Confidence in Faust’s Direction | 6/3/2009 | See Source »

...accessibility to undergraduates outside the classroom. Carpio’s colleagues and teaching fellows described her as warm and sensitive. “I’ve noticed that students who have taken one class with her often go back for a second class, or will ask her to direct their senior theses,” said Professor Daniel G. Donoghue, director of undergraduate studies for the English department. “She seems to make strong connections.” Coles echoed this sentiment, saying he often visited Carpio to discuss the non-academic side of his life?...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Carpio Given Tenure In Two Departments | 6/3/2009 | See Source »

...Unfortunately, direct empirical analysis linking the role of ethical and moral values to happiness has been very limited. More typical, and still highly interesting, has been the study of how pro-social behavior, such as altruism, or other specific components of an ethical life, influence happiness. Voluntarism, for example, is a specific pro-social behavior that provides a good measure of altruism. In fact, volunteer work is one of the most practiced and important pro-social activities across the globe. Of adults in the U.S., 50 percent participate in volunteer activities, doing the amount of labor in a year...

Author: By James M. Wilsterman | Title: Happiness and Our Ethical Values | 6/3/2009 | See Source »

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