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According to Bloomberg, Harvard is negotiating terms on a $1.75 billion line of credit and is willing to pay back any loans at 1.25 percentage points above the London Interbank Offered Rate, a common reference point for setting floating interest rates. The University's current $2 billion line of credit, set to expire next month, allows it to borrow $250 million more at an interest rate 0.25 percentage points higher than...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Harvard Considers Swapping in Tighter Credit Line | 7/23/2009 | See Source »

...LONDON, England – Around two hours into my job at News International, I realized the respect I earned depended almost entirely on just how urgently I could stride, and how conspicuously my shoes could click to punctuate each step...

Author: By Olivia M. Goldhill | Title: Walk the Walk | 7/23/2009 | See Source »

...question was, How? Simply knowing that the pose works is not the same as knowing why it works - at least, not in the detail a physicist would like. Recently a group of researchers from the Royal Veterinary College in London decided to find out, using tools Edwardian sportsmen couldn't have imagined...

Author: /time Magazine | Title: Secrets of Jockeying: Why Horses Go Fast | 7/21/2009 | See Source »

...Madrid's behest, designated some of those waters as a marine conservation area under Spain's jurisdiction. Gibraltar appealed the decision, decrying it as a breach of international law and warning that it threatened to upset plans for the upcoming Tripartite meeting (dialogues previously took place in Granada and London). "This is an additional banana skin thrown by Spain at the feet of the [negotiations] process," declared Gibraltar Chief Minister Peter Caruana. (Read "We Pledge Allegiance," a 2002 story on Gibraltar...

Author: /time Magazine | Title: Who Owns Gibraltar? Spain Takes a Step Onto the Rock | 7/21/2009 | See Source »

...exactly taken the world by storm. Reva - which has received venture capital from Draper Fisher Jurveston, the Global Environment Fund and Mellon HBV Master Global Event Drive Fund - has sold only 3,000 cars over the past eight years. Half of those have been exported to Europe, mainly to London...

Author: /time Magazine | Title: Made in India: The $12,000 Electric Car | 7/21/2009 | See Source »

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