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...World Bank's initial job was to finance reconstruction in Europe. The Marshall Plan rendered that task superfluous, so the bank--in the first of several reinventions--moved on to bankroll development in other countries. The idea was to lend to governments that were creditworthy but had no access to rich-country capital markets. "Now we live in a world where there are huge global capital markets, where, if anything, investors are too willing to invest in developing countries," says Adam Lerrick, a former investment banker who teaches economics at Carnegie Mellon University. The World Bank's net lending...

Author: /time Magazine | Title: The World Bank's Real Problem | 5/3/2007 | See Source »

...placed book off the top shelf in Lamont, Harvard’s finest—and tallest—do it all. They balance athletics, academics and the ever-pressing question of, “Wait, how tall are you again,” with time left over to lend some advice to their unfortunately short-to-average-sized constituents.“I would recommend [being tall] to everyone,” Boston said.Too bad that’s easier said than done...

Author: By Alexandra J. Mihalek, CONTRIBUTING WRITER | Title: Above and Beyond: the Tallest Harvard Athletes | 5/2/2007 | See Source »

...impressed. "If a club hasn't got a high profile or heaps of cash, building relationships in the local market is a cost-effective way to build brand awareness and suit longer-term Asian sensibilities," says Geoffrey Gold, ceo of Football Dynamics Asia, the Jakarta-based consultants. To lend a bigger hand to mid- or low-placed sides like Villa and Sheffield, the Premier League could learn from the NBA. Rather than basketball teams marketing themselves individually, the NBA represents the collective interest of the league when it sells itself in places like China. "The NBA has the vision, focus...

Author: /time Magazine | Title: The Goal Rush | 4/26/2007 | See Source »

...Every week in Intramuros, the old walled city in whose heart, the San Agustin Church, I was christened, tour guide Carlos Celdran peels back the city's colonial layers and shows why the texture of this city doesn't lend itself to glossy hooks. I haven't taken his tour before. In fact, today, I'm bleary after staying up to watch Cebuano reggae act Junior Kilat play saGuijo's in Makati, and as I sluggishly make my way to the Fort Bonifacio meeting point, I yearn to crawl back under the covers. But witty, hilarious Carlos jolts me into...

Author: /time Magazine | Title: The Bold and the Beautiful | 4/25/2007 | See Source »

While we regret the prosecutorial misconduct in the Duke Lacrosse case, we regret even more that over 50 women experience sexual assault at Harvard each year. We choose instead to lend our sympathy and support to the hundreds of thousands of rape and sexual assault victims nationwide. We hope that in this week students from across the political and social spectrum can join us in speaking out against sexual violence and standing together in support of rape victims...

Author: By Laura C. Mumm, John M. Sheffield, and Ashta Thapa | Title: ‘Rushing To Rape’ Was Rushed And Mistaken | 4/20/2007 | See Source »

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