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...billion of its banks' foreign debt maturing by mid-2009, investors worried the country could face a credit crunch that would restrict lending throughout the economy. Those fears have punished Korean stocks and the country's currency. The won plummeted nearly 10% on Oct. 16, its biggest one-day drop since the 1997 Asian financial crisis. Standard & Poor's last week also put seven South Korean banks on negative credit watch...

Author: /time Magazine | Title: Asian Nations Step Up Support as Crisis Rolls On | 10/20/2008 | See Source »

History has a way of repeating itself.In its last three matches against Cornell, Harvard (7-11, 3-3 Ivy) lost the fifth game each time to drop the contest. In the previous two meetings with Columbia, it was the Lions who left the game empty-handed in a 3-0 shutout.This weekend saw repeats of both motifs at the Malkin Athletic Center.In its five-game nailbiter against Cornell (6-9, 5-1), the Crimson battled back from several large deficits, including a 14-8 hole in the fifth game. Although Harvard pushed the fifth beyond the minimum of 15 points...

Author: By Emmett Kistler, CRIMSON STAFF WRITER | Title: Heartbreaker Leads to Weekend Split | 10/19/2008 | See Source »

...because a large number of people were willing to pay over the “Made in China” price for the sake of a moral gimmick. Now that prices are rising across the board, particularly for necessities like gas and food, people are far more likely to drop morals in favor of cheaper, foreign-produced products.It’s fairly reasonable to expect that American Apparel’s retail business will be affected, as will its wholesale operation: small t-shirt design companies like Boston’s Johnny Cupcakes and merchandisers for music groups will...

Author: By Andrew F. Nunnelly, CRIMSON STAFF WRITER | Title: "American In Peril" Outfitters | 10/17/2008 | See Source »

...Narcissus’ shoulders and ground himself against the stone. “So beautiful,” he grunted, as he stroked Narcissus’ hairless chest. “So... smooth.” With a free hand, he loosened his belt and let his trousers drop around his ankles. The contact with the frigid marble made him groan in agony...

Author: By Lesley R. Winters, CONTRIBUTING WRITER | Title: The Stable Boy: Chapter 10 | 10/17/2008 | See Source »

More Fee Cuts. Following Qantas's lead, Air France, KLM, Cathay Pacific, Singapore Airways, Lufthansa, British Airways and Virgin Atlantic have all reduced passengers' fuel surcharges in light of the drop in oil prices. Depending on the class of ticket you purchase, British Airways is dropping $12 to $20 off flights over nine hours and $10 to $18 off shorter flights. Virgin Atlantic is lopping off the same amounts. Lufthansa will drop its fees $4 to $32 depending on the route...

Author: /time Magazine | Title: Travel News: Airports' Fast-Access Debuts at Sports Arenas | 10/17/2008 | See Source »

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