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...China needs to balance export-led growth with a stronger domestic economy grounded by greater consumer spending. Two things need to happen: real incomes need to grow for all Chinese consumers (not just those working in urban areas). And consumers have to feel secure enough to spend more of what they make, rather than hoard...
...Opera (LHO) production premiered on Wednesday, March 4 with its rendition of Verdi’s “Otello.” The show is produced by an assembly of volunteers, including Harvard undergraduate and graduate students, classical musicians, experienced opera singers, and amateur opera aficionados from the Greater Boston Area and beyond. The opera promises to be an exciting experience for traditional opera lovers, fans of Shakespearean theatre, and newcomers to the world of opera alike. “Otello” will run through March 14 in the Lowell Dining Hall.“Otello...
...credit crunch only heightens the importance of economic unity. A shared currency, cross-national lending, and numerous Western investments in the East intrinsically link the welfares of European countries. Should one country go under, the detrimental effects felt across the whole of Europe would be monumental. To an even greater extent, the well-being of the European Union as a whole depends on the respectable performance of each constituent member. Failure to remain united may breed disillusionment with Western capitalism and leave Eastern Europe dangerously susceptible to Russian influences. Thus, for the sake of national interest and the endurance...
...closeout sale were wary of purchasing the products, despite slashed prices. Mariana Toledo, a Cambridge resident who had heard of the sale, came and left empty-handed. When asked if she would have felt more inclined to express herself through her t-shirt if the slogans had greater variety, like “Life is Average” or “Life is Not So Good Today,” she replied, “Yeah, I probably would.” Although the failure of the Everything’s Jake store may indicate that fewer people...
...Modern Times” now counts for Gen Ed credit in Societies of the World. The College’s new general education program was designed to mirror the traditional underpinnings of a liberal arts education, imparting broad knowledge in a wider variety of categories and encouraging a greater real world application of curriculum, according to Gen Ed administrators. Music and African American Studies Professor Kay K. Shelemay, who teaches Literature and Arts B-78: “Soundscapes: Exploring Music in a Changing World,” said that the new Gen Ed criteria very much affects...