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...Until mid-2008, you were butting up against lagging supply growth," says Greg Priddy, global oil analyst at the Eurasia Group in Washington. "But this drop is driven by collapse in demand. Nothing is going to globally control that." The scale of the oil market, with multiple new producing countries and burgeoning new consumer markets around the world, puts it beyond the control of Opec. "The market will just be more volatile," says Priddy...

Author: /time Magazine | Title: OPEC Cuts Production in Effort to Reverse Price Slide | 12/17/2008 | See Source »

...would have dominated the headlines: that after the debunking of Bush's original excuse for war--Saddam's weapons of mass destruction--his argument that Iraq was a crucial nexus in the global war on terrorism also held no water. Thanks to al-Zaidi, nobody heard the other shoe drop...

Author: /time Magazine | Title: The Moment | 12/17/2008 | See Source »

Unlike Yale's estimate, Harvard's 22 percent figure does not include potential losses for November or the first half of December, when Yale officials estimate their endowment experienced about half of its decline. At the beginning of December, Harvard officials projected a 30 percent drop for the fiscal year...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Yale Loses a Quarter of its Endowment | 12/17/2008 | See Source »

After the six months, not only did the low-glycemic diet group show lower levels of blood glucose, but they also enjoyed a 1.7 mg/dL boost in HDL, or good cholesterol, while the high-fiber group experienced a .2 mg/dL drop in their HDL. Studies have shown that raising HDL levels is one way to prevent heart attacks, but it's not clear yet whether the current findings translate to any practical protection against heart disease. (See 9 kid foods to avoid...

Author: /time Magazine | Title: Study Boosts Low-Glycemic Diet | 12/16/2008 | See Source »

...higher education,” said Robert E. Holt, a lab administrator for the chemistry department. “The rub is that when times turn bad, we’re the first people targeted.” Since the freeze, the number of open FAS staff positions has dropped precipitously from over 100 at the time of the announcement to 32, according to a University database for job posts. In light of the gravity of the financial downturn—which recently caused an unprecedented 22 percent drop in Harvard’s endowment—many staffers said...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Hiring Freeze Still Concerns FAS Staff | 12/16/2008 | See Source »

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