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...Short-term, the country is booming; long-term, it's considered high risk. "There is still a sensation of uncertainty," says former Finance Under Secretary Miguel Kiguel, "a perception that we don't have clear long-term rules." FDI fell to just above 2% of Argentina's $212 billion gross domestic product in 2006, thanks to lingering doubts about creditworthiness that President-elect Fernndez will have to confront...

Author: /time Magazine | Title: Latin America's Peculiar New Strength | 11/15/2007 | See Source »

...remember the anniversary of this madness, then, it will not be enough simply to register our disgust. In the face of the gross depravity of this country’s imperial presence in Iraq, we have to be prepared to assert actively our wholesale opposition. Sentiments must become convictions; inklings must become arguments. To the pessimists among us, Joan Baez said it best: “Action is the antidote to despair.” Let us make sure that this anniversary also marks the beginning...

Author: By Adaner Usmani | Title: No More Fallujah’s | 11/14/2007 | See Source »

There are other risks, none greater over the long term than the estimated $521 billion budget deficit. That's the biggest ever in dollar terms and, at about 5% of gross domestic product (GDP), the largest in more than a decade. The U.S. current-account deficit, which measures the combined balances on trade in goods and services, income and currency transfers, is also at a record high: about $550 billion for 2003. Last month the International Monetary Fund warned that these deficits pose "significant risks" for the U.S. and the world economy. Why? Because they are so large, they could...

Author: /time Magazine | Title: Board of Economists: Growing, At Last | 11/14/2007 | See Source »

...gross directorial misstep, Stern makes McCabe physically run from spot to spot on Matt McAdon’s bare-bones set. At one moment, he’s lying down in a therapy session at the bottom-right corner of the stage. But before the therapist finishes her last sentence, Donnie is forced to jog to the upper-left corner to have a quiet romantic moment with his new girlfriend...

Author: By Abe J. Riesman, CRIMSON STAFF WRITER | Title: Debut of ‘Darko’ Disappoints at ART | 11/13/2007 | See Source »

Mathematician Benedict H. Gross ’71 drives an early-model hybrid, a 2001 Honda Insight. (“It’s aerodynamic and made of plastic,” the former dean of the College says. “They only made a couple hundred...

Author: By Maxwell L. Child, CRIMSON STAFF WRITER | Title: The Harvard Showroom Is Open | 11/13/2007 | See Source »

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