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Leveraging its strong credit ratings—the highest granted by rating agencies Moody’s and Standard & Poor’s—Harvard will issue new taxable fixed-rate debt. Unlike tax-free debt, these bonds can be used for any University expenditure and thus increase Harvard’s cash flexibility, Forst said...
...empowering institution, Harvard College can easily be perceived as an increasingly limiting institution. Whether it is landing the highest paying jobs, gravitating towards the most impressively stressful course load or competing for the most visible poster space on the Science Center kiosks, our actions reflect a gradual homogenization...
...their sluggish response to changing consumer tastes, but it didn't matter much in fat years - and British retailers have enjoyed some very fat years. In June, government figures showed that free-spending British families had racked up debts equivalent to 173% of their incomes, by far the highest ratio of debt to income among G7 nations. That's one reason why the IMF has predicted a sharper contraction in Britain than in other advanced economies...
...have prioritized our opportunities for moving ahead,” Flier wrote in a letter to the community last week, “we are well positioned to make a strong case to potential supporters.” The Harvard Corporation—the University’s highest governing board—reviewed the results of the strategic planning process early this month, and Flier said that the board members expressed strong support for the overall recommendations. Flier wrote in the report that financing ongoing and proposed initiatives will be one of the largest challenges facing the Medical School...
...Papua does have a major problem on its hands: the province's HIV infection rate is 15 times higher than the national average. Not good news in a country with Asia's highest growing HIV-infection rate, but not everyone thinks microchipping is the way to improve the situation. The proposed bill, now with the provincial parliament, has encountered fierce resistance from local health workers, government officials and church leaders, who say the practice would constitute a human rights violation and do little to address Papua's high infection rate. "Two wrongs do not make a right, and the plan...