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Under the current NSP guidelines, cities are required to steer their buyout money into designated areas, usually zones with a high concentration of foreclosures and subprime home loans. The cities are also supposed to acquire the properties at a discount of at least 5% from current market value. But one...

Author: /time Magazine | Title: Grass-Roots Efforts Aim to Ease the Foreclosure Crisis | 11/20/2008 | See Source »

This unwillingness to engage with the rest of the world - to risk the sense of security that it enjoys within its own borders - led Kishore Mahbubani, dean of the Lee Kuan Yew School of Public Policy at the National University of Singapore, to reply to Rachman's column by saying...

Author: /time Magazine | Title: Europe's Road Ahead | 11/20/2008 | See Source »

From the port of Mytilene, you can see the lights of the Turkish coastal town of Dikili twinkling on the horizon. Further north, where the strait between the two countries narrows to just three miles, traffickers zip immigrants across by Jet Ski. But the usual form of transport is a...

Author: /time Magazine | Title: Greece's Immigrant Odyssey | 11/20/2008 | See Source »

Harvard has changed The Game—again. House Committees are bracing themselves for lackluster turnout following significant changes to this year’s Harvard-Yale tailgate rules. Some HoCo chairs said that the shorter tailgate—the festivities will start at 10 a.m. and end promptly at...

Author: By Abby D. Phillip and Charles J. Wells, CRIMSON STAFF WRITERS | Title: New Tailgate Rules May Mean Lower Turnout | 11/19/2008 | See Source »

But the British raid only underscored the difficulty facing international military efforts to police the shipping lanes of East Africa. The vessel attacked by the marines was nothing more than a rickety old fishing dhow, and the eight men arrested are likely to be quickly replaced by hundreds of other...

Author: /time Magazine | Title: As Somali Pirates Get Bolder, Policing Them Gets Tougher | 11/19/2008 | See Source »

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