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...create employment even though the population in the country is no longer growing rapidly is that any expansion in innovation or increased industrial activity will happen somewhere else. That place or those places have already been identified as India, China, and the other vibrant economies of southern Asia and Latin America. The case in their favor is simple. They have cheap labor. But, cheap labor is itself exhaustible. China has created a middle class, and so has India. The people in those middle classes will expect to be paid better and better over the years ahead. (See pictures of China...

Author: /time Magazine | Title: Despair and the Vision of the New Economy | 5/5/2009 | See Source »

...ever since pirates haunted the Caribbean. If they could just run the nation the way they run the canal, Panamanians believe, they could become a world-class maritime commercial and financial center - the Hong Kong of the Americas. Or maybe give Miami a run as the unofficial capital of Latin America...

Author: /time Magazine | Title: Panama's New President: A Boost for Business | 5/5/2009 | See Source »

...options for students in the summer, the MAC seems like an appropriate place to cut. Cambridge has a host of public athletic facilities open for use around Harvard, boasting 84 public parks and playgrounds. These include basketball courts outside of Mather House, tennis courts outside of Cambridge Rindge and Latin High School, and softball fields in the Cambridge Common. With a little curiosity and investigation, students can find and take advantage of these opportunities...

Author: By The Crimson Staff | Title: Summer Without the MAC | 5/3/2009 | See Source »

...most Latin American countries, the aging yellow buses that prowl the streets in search of fares still bear the original black lettering of previous ownership - the Crookston Public Schools, or some other school district from another place and time. The recycled buses are usually given some sort of minimal window dressing, often in the form of windshield decals featuring Tweety Bird, Jesus, Real Madrid or all three - the "Chicken Bus Trinity." But in Panama, these red devils - nicknamed for their colorfulness and reckless abandon - are given a complete and enthusiastic custom detailing makeover that makes MTV's Pimp My Ride...

Author: /time Magazine | Title: Panama City Tries to Exorcise Its Red Devils | 5/2/2009 | See Source »

...sports,” she says. “My sophomore fall I didn’t have anything to do. I attempted to be a performer and sucked at it, so I tried out tech.” A strong program at her high school, Cambridge Rindge and Latin School, drew her into the theater world. After that, there was no looking back. Laubacher even served as an intern for the celebrated Williamstown Theatre Festival one summer, where she learned about commercial work in the arts.“The community of great people who were handy but also...

Author: By Ali R. Leskowitz, CRIMSON STAFF WRITER | Title: Grace C. Laubacher ’09 | 5/1/2009 | See Source »

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