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Investor sentiment was shaken over the holiday weekend by news that Japan's economy shrank at an annualized rate of almost 13% in the latest quarter. Economic news from virtually every corner of the world is reinforcing the notion that this economic storm knows no bounds, and may be gaining fury...

Author: /time Magazine | Title: Why the Stock Market Keeps Plummeting | 2/17/2009 | See Source »

Junior seminars in economics have become the latest victim of the university-wide financial crisis. These 16-person seminars were some of the only small undergraduate courses taught by the department’s faculty. Now that they are gone, face-to-face interaction with a professor is a reality for only a handful of students in the College’s largest concentration. We strongly object to the elimination of this program and implore the department to make every effort to find a viable alternative to make up for the loss of these seminars...

Author: By The Crimson Staff | Title: Deadweight Loss | 2/17/2009 | See Source »

...suspect will be handled by the Cambridge police, according to Catalano. The Cambridge Police Department did not return requests for comment over the weekend. According to CPD’s third quarter crime analysis report, 112 robberies occurred in Cambridge between Jan. 1, 2008 and Sept. 30, 2008, the latest dates for which information is currently available, 89 of which were street robberies. During this time, there were 53 cases of larceny from a person in Harvard Square. There were 161 robberies in Cambridge in 2007, according to the police department’s annual report. Of these cases...

Author: By Emily J. Hogan, CRIMSON STAFF WRITER | Title: Leverett Junior Mugged Saturday | 2/17/2009 | See Source »

...irony, for #118—Ugly Sweater Parties. Traoré, a bluesy artist from Mali who sings in a combination of French, English and Bambara, took the stage to the quiet, but appreciative audience (a man in row J brought binoculars). Traoré mostly performed songs from her latest CD, “Tchamantché,” which is her first release in five years and has received much critical acclaim. “Tchamantche” marks a shift in style for Traoré, who based her new sound around the classic Gretsch electric guitar popular...

Author: By Rebecca J. Levitan, CONTRIBUTING WRITER | Title: Traore a Natural Performer | 2/17/2009 | See Source »

...takes a certain skill to lose money on an opium field in Afghanistan. Afghan filmmaker Siddiq Barmak lost about $97,000 on his. For the making of his latest film, Opium War, which is set in a poppy field, Barmak had found the perfect site - a lonely hilltop in central Afghanistan, framed by the snow-covered peaks of nearby mountains. With the stunning vision of pink poppies swaying against the slopes of the Hindu Kush in mind, he finally obtained permission from the government to plant the illegal crop. Then he and his crew got to work building...

Author: /time Magazine | Title: Afghanistan's Great Film Hope | 2/17/2009 | See Source »

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