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...SWFs were a major topic of discussion, partly due to concern about their potential impact on markets. SWF "investment policies, minor comments or rumors could spark volatility," said Clay Lowery, assistant secretary for international affairs in the U.S. Treasury Department, in a speech last summer. "It is hard to dismiss entirely the possibility of unseen, imprudent risk management with broader consequences." Even U.S. presidential candidate Hillary Clinton weighed in recently, saying in a Financial Times interview SWFs pose a potential threat to U.S. economic sovereignty. "I think vigilance is in order when the investor is a foreign government," Clinton said...

Author: /time Magazine | Title: The Wealth of Nations | 12/6/2007 | See Source »

...based video games, and retailers can't keep it on the shelves, even at $170 a pop. "We can't make 'em fast enough at this point," says Alex Rigopulos, CEO of Harmonix, which developed Rock Band as well as two Guitar Hero games. It would be easy to dismiss Rock Band as a fad or just a game, but there's something more to it. Besides being insanely fun, music-based games like Rock Band may actually be important. Consider these five reasons while I take another crack at the drums on Gimme Shelter. "It's just a shot...

Author: /time Magazine | Title: Mock and Roll | 12/6/2007 | See Source »

...Israeli intelligence officials plan to ask Washington for clarifications about the NIE report. "It has many inner contradictions," says one cabinet official involved in intelligence matters. Israeli officials don't want to disagree too openly or publicly with the Americans, but they also don't want world opinion to dismiss the threat of Iran's becoming a nuclear power. Foreign Minister Livni has instructed Israeli embassies to maintain a focus on the menace that she says Iran poses to Israel and the West...

Author: /time Magazine | Title: Iran Assessment Creates an Israeli Headache | 12/6/2007 | See Source »

...undesirable consequence of legislation tacked onto the omnibus 2005 act, some there are some who actually support the price hike. They argue that the original system encouraged women to use more expensive brand-name drugs at government expensive when cheaper generics would be just as effective. Moreover, some dismiss concerns over the price increase as insignificant, claiming that a mere 40 or 50 dollar price jump for monthly oral contraception does not constitute a significant portion of a college student’s budget. Both of these arguments, however, ignore the crucial fact that the health of women...

Author: By The Crimson Staff | Title: An Affordable Pill | 11/28/2007 | See Source »

...real estate developer in Dracut, Mass., took the loan to finance a 186-home community and golf course. The lawsuit accuses Harvard, which is listed as a third-party defendant, of funding the loans. In court papers filed jointly with Yale and Princeton earlier this month, Harvard moved to dismiss the case because it claimed it was a limited partner. The court papers argued that the three universities had no interaction or management in the real estate development project, and had provided capital for investment in a limited partnership agreement. Accordingly, the papers argue that as a limited partner, Harvard...

Author: By Kevin Zhou, CRIMSON STAFF WRITER | Title: Harvard Sued In Usury Claim | 11/27/2007 | See Source »

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