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...taking this route, however. A Malaysian company accepting yuan as payment would have few reasons to hold the currency, which is not fully convertible. "Even if you could own the yuan through these swaps, what would you do with it?" asks Mark Matthews, a Hong Kong-based strategist for Fox-Pitt Kelton Securities. Yuan holders can invest their excess savings in Chinese securities, but only up to a point. The Chinese government said on Dec. 9 that it will triple the amount of domestic securities qualified foreign funds are allowed to purchase to up to $30 billion. But trillions...

Author: /time Magazine | Title: China Takes a Small Step Away from the Dollar | 4/6/2009 | See Source »

Representatives from the Advocate, the Dudley Co-op, the Crimson, and two final clubs, the Fox and the Spee, defended their student groups as “safe spaces” at a sex and student group real estate panel yesterday evening. The Office of Sexual Assault Prevention and Response specialist Gordon W. Braxton and Associate Dean of the College Judith H. Kidd were also present and spoke at the beginning of the panel, which was co-sponsored by Harvard’s student-run sex magazine H Bomb and OSAPR. Moderator Colette S. Perold ’11 posed...

Author: By Danielle J. Kolin, CRIMSON STAFF WRITER | Title: Student Club Members Discuss Diversity | 4/2/2009 | See Source »

...short films (for Alain Resnais and Jacques Demy as well as Franju) to international employment with the 1960 doppleganger mystery The Crack in the Mirror; perhaps writer-producer Darryl F. Zanuck had been impressed by Jarre's scores for the early Franju features. Zanuck used him for two other Fox films, The Big Gamble and his D-Day superproduction The Longest Day. But it was not this work that led Jarre to Lawrence; it was his music for Serge Bourguignon's Sundays and Cybele, the tender story of a emotionally shattered veteran and a 12-year-old girl, for which...

Author: /time Magazine | Title: Epic Composer Maurice Jarre Dies at 84 | 3/30/2009 | See Source »

...players have headed out to city bars to play pool with twenty-somethings and connect with young adult fans. On Sunday the Chicago Red Stars will host a viewing party for the inaugural game at a Windy City soccer pub, and when the team isn't playing in the Fox Soccer Channel's WPS game of the week, the players will hit the bar for viewing parties of those games...

Author: /time Magazine | Title: Is Women's Pro Soccer Really Coming Back Now? | 3/29/2009 | See Source »

...just hunker down, cross our fingers, hysterically pinch our pennies, wait for the crises to pass, blame the bankers and then go back to business as usual. All that conventional wisdom about 2008 being a "change" year? We had no idea. Recently Rush Limbaugh appeared on Sean Hannity's Fox News show, panicking not so much about the economy but about how the political winds are blowing as a result. If we finally manage to achieve something like universal health care, Limbaugh warned, it would mean "the end of America as we know it." He's right, but that...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

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