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Harvard is considering reducing capital spending and projected new debt issuance by as much as 50 percent due to recent endowment losses, according to a credit rating report issued by Moody’s Investors Service on Wednesday.The University has already slowed construction of its Allston expansion, which combined with...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Capital Spending May Be Slashed | 4/3/2009 | See Source »

Like the rest of Indonesia, Aceh is grappling with near double-digit unemployment, a figure that could quickly rise following the departure this month of the Aceh Reconstruction and Rehabilitation Agency, the public body tasked with administering billions of dollars of international aid and donations to rebuild the province after...

Author: /time Magazine | Title: Aceh Ramps Up Security Ahead of Elections | 4/3/2009 | See Source »

The modern literary tradition—in particular, the Lost Generation writers and their contemporaries—has done something curious in romanticizing the throes of alcoholism. Hemingway, Faulkner and Fitzgerald were all raging alcoholics and filled their novels with characters who acted likewise. But never before, and rarely today...

Author: By Will L. Fletcher, CONTRIBUTING WRITER | Title: Alcoholic 'Angel' Proves Formidable | 4/2/2009 | See Source »

“Can I guarantee them a job at this point?” Santos asked. “At this point, I cannot.”

Author: By Laura G. Mirviss, CRIMSON STAFF WRITER | Title: Students Protest Layoffs at HMS | 4/2/2009 | See Source »

The elder Tamang, who worked as a farmer before he became a soldier, doubts Nepal will ever achieve a total ban on Gurkha recruitment. If the recruitment is stopped, Nepal's flailing economy will take a hit; each year, the country receives $1.1 billion in remittances - nearly 18% of the...

Author: /time Magazine | Title: The Talk of Nepal: The Future of Its Gurkhas | 4/2/2009 | See Source »

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