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...planning process. ‘BLUE SKY’Since his earliest days in office, Summers was openly ambitious about his plans to transform Allston, a vision he hoped to make the hallmark of his tenure. As evidenced in his annual letters to the community, his primary motivation to invest in Allston was to ensure the continued strength of the sciences at Harvard, which he said would soon suffer from a crippling insufficiency of space. Alyssa A. Goodman, an astronomy professor who served on the Provost’s Advisory Group on Science at the time, recalls the visionary scope...
Canadian Prime Minister Stephen Harper said on Monday that his government will invest $9 billion in General Motors of Canada Ltd. to keep it alive amid harsh criticism that the unpopular bailout will end up costing Canadian taxpayers millions of dollars for each assembly-line job saved...
...freeze hundreds of projects to open new oil wells or upgrade existing ones. In the oil-rich Niger Delta, a major Nigerian government offensive against rebels has seriously disrupted production for several weeks. Venezuela's Oil Minister Rafael Ramirez said in Vienna that his country could not afford to invest in major new oil exploration unless prices rise further. "We need a level of at least $70 [a barrel] to recuperate investment," he said on Thursday. Muhammad-Ali Zainy, senior energy analyst at the Center for Global Energy Studies in London, says oil demand could increase quickly once the recession...
...Magna consortium, which pledges to invest €700 million ($970 million) in Opel, has softened its position on job cuts and plant closings several times under pressure from German politicians. Magna's plan would leave GM with 35% of the company and Sberbank with a 35% stake, while Magna would take 20% and Opel employees would control...
...Your book takes a fairly wide view of personal finance. Are some of these rules and pieces of advice things that you yourself use in investing? Some of them. What's in the book is for everybody, but primarily for the people who are not exactly sophisticated in the stock market and are wondering, What do I do with my house and my mortgage? How do I send my kids to school? How do budget principles work? It's basically what would be confronting the average person in the country. (Read "How to Invest for an Economic Rebound...