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...domestic market and higher prices for Indians. As economist Swaminathan S. Anklesaria Aiyar wrote recently in the Times of India, cutting exports is a form of national hoarding: "Governments would like to believe that hoarding by traders is terrible, whereas hoarding by governments promotes the public interest. But the impact on prices is exactly the same. Indeed, when governments start to hoard food out of panic, the panic itself stokes further inflationary fears...

Author: /time Magazine | Title: No Grain, Big Pain | 4/10/2008 | See Source »

...Bottom of the Food Chain Of course, higher global prices hurt the poor most, and the impact is particularly heavy in countries such as Bangladesh and the Philippines, which are dependent on imported rice to feed their large populations. A November cyclone in Bangladesh ravaged the fall crop, destroying some 800,000 metric tons of rice and forcing the country to import an extra 2.4 million metric tons from India simply to stave off famine. In Vietnam, bad weather and pest outbreaks hurt harvests. In the Philippines, where some 68 million people live on less than...

Author: /time Magazine | Title: No Grain, Big Pain | 4/10/2008 | See Source »

...speaking with the administrator, whom he declined to identify but whom he said supported the spirit of the award recognizing student advocacy. The Aaron D. Chadbourne Award for Student Advocacy, according to the original site, would “recognize a student who has made a positive and lasting impact on Harvard, for the benefit of the student body, by forging and leveraging relationships with Harvard administrators and faculty members.” Chadbourne said he had not yet determined the amount of the award. “As a student myself, I am not in the position to endow...

Author: By Chelsea L. Shover, CRIMSON STAFF WRITER | Title: Chadbourne Award Ends Before it Begins | 4/10/2008 | See Source »

...started out only with private schools, and it has then since moved to public school districts,” School Committee Member Patricia M. Nolan ’80 said, describing the international reach program. While some members were enthusiastic about the potential impact of the program, others were reserved about the consequences of implementing it in Cambridge. “What’s unique about our district is that it has just one high school,” said Committee Member Albert B. Fantini. “Other cities can experiment with one of their many high schools...

Author: By Vidya B. Viswanathan, CRIMSON STAFF WRITER | Title: IB Possible for Local Schools | 4/9/2008 | See Source »

...hard on her, and Obama, in his book, describes an adolescence shadowed by a sense of alienation. "I didn't feel [her absence] as a deprivation," Obama told me. "But when I think about the fact that I was separated from her, I suspect it had more of an impact than I know...

Author: /time Magazine | Title: The Story of Barack Obama's Mother | 4/9/2008 | See Source »

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