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...That realization is causing a rapid shift in economic policies by governments that are increasingly concerned about maintaining growth. A few months ago, the biggest threat appeared to be inflation - running at double-digit rates in countries including Indonesia, India and Vietnam - which led Asian central bankers to hike interest rates, hoping to cool off overheating economies and keep a lid on rising costs. But inflation worries have eased with recent sharp declines in the prices of oil and other commodities. Now policymakers are opening the money taps again. In September China's central bank lowered its key interest rate...

Author: /time Magazine | Title: Asia's Good Times at Risk | 10/2/2008 | See Source »

...Modern Language Association report issued last November cited the steady rise of student enrollment in Chinese language courses nationwide, spotting a 50 percent hike from 2002-2006. Harvard enrollment figures have shown an upward trend over the same time period. 2005 saw the enrollment of 273 Chinese language students, followed by 348 the following year, and roughly 350 last year...

Author: By Christian B. Flow, CRIMSON STAFF WRITER | Title: Dept. Sees Beijing Bounce | 9/18/2008 | See Source »

...industrialized economies for Asian exports. Though that's far from a recession, Merrill says that Asian growth is falling below the expected trend of about 8%. Asian policy makers have been limited in their efforts to stimulate growth because of rising inflation, which has forced most central banks to hike interest rates...

Author: /time Magazine | Title: Wall Street's Woes Hit Asian Markets | 9/16/2008 | See Source »

...industrialized economies for Asian exports. Though that's far from a recession, Merrill says that Asian growth is falling below the expected trend of about 8%. Asian policy makers have been limited in their efforts to stimulate growth because of rising inflation, which has forced most central banks to hike interest rates. Indonesia, for example, raised its benchmark rate again this month in an attempt to quell the nation's nearly 12% inflation...

Author: /time Magazine | Title: Asia Markets Face Rough Day Ahead | 9/15/2008 | See Source »

...after his re-election landslide in 1936; so did Lyndon Johnson after 1964. Obama could as well. With big majorities in the House and Senate, he'd probably take another run at universal health care, which is what helped prompt the Gingrich revolution in 1994. He could hike taxes and impose tough new environmental regulations on business. He might preside over a messy withdrawal from Iraq and perhaps see Iran complete development of a nuclear weapon. Any one of these things could pump some life into the near catatonic...

Author: /time Magazine | Title: Falling Upward | 8/28/2008 | See Source »

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