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...grade inflation problem is news to no one. What is surprising, though, is that this issue has persisted despite its acknowledgment by students, professors, and the media. This may be because the obvious solution—grade deflation—is both unpalatable and difficult to implement. Instead, a more positive way to combat grade inflation and reward students for exemplary academic work would be to raise the grading scale to include A-pluses...
...score is like 10 points instead of seven points in a weather game with really outstanding defenses,” Harvard coach Tim Murphy said. “There’s no question that at halftime our back was to the wall...
...Many economists argue the low value of China's currency helped contribute to the global imbalances that precipitated last year's financial crisis. China has rejected that idea, and instead points the finger at the U.S.'s profligate spending and weak control of financial markets. Obama is expected to raise the renminbi issue during his visit to China, but with China trying to prop up an export sector that has suffered from the downturn, there is little hope that it will allow its currency to appreciate anytime soon...
...Capital Management, investment manager of the $505 million Pivot Global Value Fund. In an August report, it makes the startling claim that China is not 45% urbanized as the World Bank and other international agencies estimate. That figure could be "understated as much as 20%," says Pivot, "meaning that instead of about 350 million people, only 100 million actually would need to be urbanized...
...Instead of being greeted by voters mulling their options, Obama on Monday met with several hundred well-dressed, attentive and relentlessly on-message students, handpicked by Chinese authorities for the occasion. They listened attentively, nodding in agreement at some of his answers and laughing at his jokes. Most of their questions were something less than challenging. "What measures will you take to deepen this close relationship between cities of the United States and China?" asked the first questioner, a young woman whom Obama picked randomly from the crowd. "What's the main reason that you were honored with the Nobel...