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...Does the real estate meltdown in other parts of the world presage a price correction in paradise? Surely, as hedge-fund managers find themselves without fat end-of-year bonuses because of the recent market madness, they'll shy away from acquiring luxury second homes. Gallmann of Exotiq Real Estate acknowledges that the financial crisis will dent demand, particularly in Bali where the real estate volume is higher than in Phuket. But he isn't too worried. "Look, I've been involved with Bali for 20 years and through that time we've gone through more than you can imagine...

Author: /time Magazine | Title: A Tale of Two Islands | 10/16/2008 | See Source »

Eric M. Leibensperger, a graduate student at the School of Engineering and Applied Sciences, was recently awarded one of the EPA’s Science to Achieve Results (STAR) fellowships. The award will help fund his research, which focuses on two main areas: the effect of climate change on air quality in the United States and the effect of U.S. aerosols on the global climate...

Author: By Alissa M D'gama, CRIMSON STAFF WRITER | Title: SEAS Grad Student Receives EPA Award | 10/15/2008 | See Source »

...Dimitry Medvedev’s recent meeting with Venezuelan President Hugo Chavez in Moscow, which was the second such negotiation in the last two months. After the meeting and in a world of frozen credit lines, it was announced that Russia would lend Venezuela over a billion dollars to fund purchases of Russian weaponry in the next few years, which complements the joint naval and air exercises agreed upon this summer. Moreover, the two countries signed deals that allow Kremlin-controlled energy behemoths Gazprom and Rosneft to invest in Venezuela, less than two years after Chavez nationalized all assets from...

Author: By Pierpaolo Barbieri | Title: The Axis of Guns and Oil | 10/15/2008 | See Source »

...Floridians' last day to register to participate in next month's elections. There are no more orders for ads. "The Democrats will spend pennies on black voters, when they spend dollars on the general population," says Cherry, an Obama supporter. Given the stakes in Florida and Obama's unprecedented fund-raising success, Cherry adds, "It's a wasted opportunity, and it's going to show up at the polls...

Author: /time Magazine | Title: Is Obama Doing Enough to Get Out the Black Vote? | 10/15/2008 | See Source »

...Despite Monday's unprecedented stock market rebound and Tuesday's campaign announcement introducing a new McCain economic policy proposal, voters largely continue to blame the Republicans for the financial crisis and the gloomy mood of an unstable nation. At the same time, the impact of Obama's massive fund-raising advantage has hit full force, as battleground states are flooded with television ads, direct mail and well-paid armies of local organizers. As Obama's lead has held (and even grown in some polls), pundits and political strategists in both parties have begun to assertively predict an easy Obama...

Author: /time Magazine | Title: In Final Debate, Can McCain Rattle an Imperturbable Foe? | 10/15/2008 | See Source »

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