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...know they trust us to carry their crude. What will they say when they see a young lady with no experience, with no business knowledge?" Papadimitriou told Time that he had invited Athina to familiarize herself with the foundation, but would oppose any attempts she might make to join its board. "Ms. Roussel is the granddaughter of our founder and we recognize her as such. But putting her on the board is something entirely different. Onassis made no such provision," he said. "He didn't even name Christina as president." That's not a view Onassis' grandchild shares. With assets...

Author: /time Magazine | Title: A Billionaire's Battle | 1/28/2006 | See Source »

...social programs is even smaller as a proportion of the overall economy than previously thought. And industrialization is taking a toll: several industries, including steel and automobiles, have been growing so rapidly that they now have problems of overcapacity. Still, with 300 million rural laborers in China eager to join the industrialization push for pay that's a fraction of what Americans or West Europeans earn, the downward pressure on wages and jobs worldwide is likely to continue. Just last week, Ford announced it will lay off up to 30,000 workers and close 14 plants...

Author: /time Magazine | Title: The Goldilocks Economy | 1/28/2006 | See Source »

...hope you will join me in thanking Bill Kirby for his farsighted and devoted service to the Faculty of Arts and Sciences and to the University as a whole, and in helping to ensure both a productive final semester of his deanship and a smooth transition in the time ahead...

Author: NO WRITER ATTRIBUTED | Title: President Summers' Letter on Dean Kirby's Resignation | 1/27/2006 | See Source »

...Under the terms of the Palestinian constitution, President Mahmoud Abbas is likely to ask Hamas to form a new government. Hamas will likely make a public offer of a coalition to Fatah, but right now it's unlikely that Fatah will join them. There is widespread opposition to such a move within Fatah, and some senior leaders believe it may be to their advantage to allow Hamas to take full power, in the expectation that reality will quickly prove the Islamists incapable of governing. Some elements of Fatah may even be inclined to respond violently the outcome, and clashes Thursday...

Author: /time Magazine | Title: What Hamas Will Do in Power | 1/26/2006 | See Source »

...India, China, and other new markets join the world economy, "the integration of the four-fifths of the world where people are poor with the one-fifth of the world where people are rich has the potential to be one of the three most important economic events in the last millennium, alongside the Renaissance and the Industrial Revolution," Summers said, according to a summary posted on the forum's website...

Author: By Nicholas M. Ciarelli and Javier C. Hernandez, CRIMSON STAFF WRITERSS | Title: Summers Warns of Crisis Without Adjustments in Global Economy | 1/23/2006 | See Source »

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