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...Icelanders - from cab drivers who recite economic statistics to Prime Minister Geir Haarde who travels the world calming investors' nerves - the hysteria appears overblown. "What you'd expect to see out of these windows is fire," says Finnur Oddsson, managing director of the Iceland Chamber of Commerce. Instead, he peers out at a $138 million construction project at the University of Reykjavik. Iceland, he points out, has been in this situation before. In early 2006, credit agencies criticized Icelandic banks for their lack of transparency and reliance on international capital markets. Analysts' opprobrium drove the krona down by 25% against...

Author: /time Magazine | Title: Cracks in the Ice | 5/29/2008 | See Source »

...States," Steindórsson says. "Those are problems that someone else has to solve, and we just have to wait." On this isolated island that has endured extreme temperatures and fierce glacial winds for centuries, this bout of economic turmoil is simply another nasty storm that the locals expect to weather...

Author: /time Magazine | Title: Cracks in the Ice | 5/29/2008 | See Source »

...Clinton's brief departure from the campaign trail up to Capitol Hill last week was a jarring reminder of what awaits her if, as most expect, she fails to win the Democratic nomination. As she weighs her return to the Senate, Clinton is in the uncomfortable position of being the focus of even more scrutiny and speculation than when she entered the chamber in 2001. Still relatively junior in terms of party seniority and with no committee chairmanship power base in sight, Clinton must adjust to a deliberative body where 17 of her colleagues openly supported her rival - and still...

Author: /time Magazine | Title: Can Hillary Readjust to the Senate? | 5/27/2008 | See Source »

...body that is half the Congress is a poor substitute. Losing presidential candidates have a hard time readjusting, as John Kerry can attest." Though as Clinton is proving in this Presidential race, she is likely to stick around the Senate a lot longer than most people expect...

Author: /time Magazine | Title: Can Hillary Readjust to the Senate? | 5/27/2008 | See Source »

...long as BCBS’s policy remains in place, students should know about it, and we expect HRL will want to inform them of it. We hope that next time HRL does so in a more honest...

Author: By The Crimson Staff | Title: Honesty is the Best Policy | 5/22/2008 | See Source »

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