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...Gist: India remains uniquely bipolar. Both the horrors of the Third World and the comforts of developed nations exist simultaneously on the subcontinent. And while those on the outside have been transfixed by its galloping economic growth for some time, the emerging global giant is full of paradoxes. It is the world's go-to destination for talent, yet has the world's highest high school dropout rate. Despite its robust economic growth, India is wracked by seemingly irreversible poverty. Capitalism is still, for all intents and purposes, a nasty word, corruption is ubiquitous and the relatively young democracy...
Similarities exist between the Iraq and Afghan theaters of war: the enemy's weapons of choice in both countries include suicide bombings and improvised explosive devices (IEDs). But the river valleys of Iraq are very different terrain from the mountains and hills of Afghanistan. The equipment the U.S. used in the flatlands of Mesopotamia isn't likely to be as effective in the high crags of Central Asia. Indeed, apart from sending 17,000 more troops to Afghanistan, the U.S. is looking to redesign their equipment - from the gear they carry to the vehicles they drive to the drones that...
...covering the same underlying package of increasingly toxic assets. In essence, it was underwriting systemic risk. This is the opposite of what insurance companies are supposed to do: diversify risk across the universe of policyholders. "One thing about the insurance model: it relies on diversification as its means to exist," says a top exec at an AIG competitor. "If an insurance company plays in a field where they underwrite systemic risk, that's a totally different experience." Is it ever. Insurance companies can handle catastrophic risk but not systemic risk. That's why you can buy hurricane insurance from private...
...have come in for criticism from parents who believe they pigeonhole their children and rely on stereotypes. "It's a scary image for a lot of families," says Sheila Hebein, the executive director of the Chicago-based National Association for Down Syndrome. "They're highlighting differences that do not exist in all of our children. Certainly most do not have their tongues hanging out." In fact, she says, many work hard in therapy to improve muscle tone so they can better control their mouths. (Dollmaker Parks offers a nonprotruding option...
Rumor has it that tunnels exist below Harvard Square, connecting each House in a large web-like maze. Acquire access to these tunnels. It will be like Harry Potter and the Chamber of Secrets, except without the basilisk (just beware of giant cockroaches...