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Usually in the hours before Christmas, the nation's stores are overwhelmed with harried shoppers buying last-minute gifts: books and pearl necklaces and even Uggs, those ubiquitous suede boots. On Tuesday, however, New Orleans' largest shopping mall was eerily empty. There was hardly a soul inside Saks Fifth Avenue to sniff fragrances or poke at the $95 stripped ties at nearby Brooks Brothers. Even the super-sized signs promising 75% discounts failed to lure customers into another upscale men's boutique up the street...

Author: /time Magazine | Title: No Relief from the Christmas Gloom for Retailers | 12/24/2008 | See Source »

Vilsack will be the fifth Secretary of Agriculture from the state of Iowa...

Author: By Lauren D. Kiel, CRIMSON STAFF WRITER | Title: Obama Selects IOP Fellow as Secretary of Agriculture | 12/23/2008 | See Source »

...banks, which reported results for fiscal 2008 this month, continue to struggle with write-downs as a result of exposure to U.S. credit and equity markets. CIBC reported a loss of C$2.1 billion on the year, against net income of C$3.3 billion in 2007. The country's fifth-biggest bank blamed write downs to its U.S. subprime portfolio for the huge loss...

Author: /time Magazine | Title: Canada Faces Recession — and a Political Crisis Too | 12/15/2008 | See Source »

...Offensively, the Big Green is loaded with offensive talent and skill. Senior Maggie Kennedy, junior Jenna Cunningham, and sophomore Amanda Trunzo lead the team with 15, 14, and 13 goals, respectively. Senior co-captain Sarah Newnam has been a stalwart on the defensive front, ranking fifth in the nation in defensemen scoring with 0.89 points per game...

Author: By Kevin T. Chen, CRIMSON STAFF WRITER | Title: Crimson Faces Big Green Road Test | 12/15/2008 | See Source »

Thailand's Democrat Party hasn't won a popular national election in more than a decade. But on Dec. 15, Abhisit Vejjajiva, the 44-year-old leader of the oldest Thai political party, was chosen in a slender majority by the country's parliament as the nation's fifth Prime Minister in a year. Beleaguered Thais hope that his leadership will put an end to a turbulent few years during which one PM was deposed in an army coup and a sustained anti-government protest movement ended in the removal of three others, as well as the takeover and closure...

Author: /time Magazine | Title: Can Prime Minister Abhisit Mend Thailand? | 12/15/2008 | See Source »

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