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...growth that the credit crisis posed and kept interest rates too high for too long. Though Europe is not in outright deflation yet, the pressures across the continent are all trending downward. Even in China, the world's largest developing nation, officials acknowledge that the risk of inflation - their main concern at the time of the Beijing Olympics in August - is gone. At a high-powered international financial conference in Beijing over the weekend, a senior People's Bank of China official acknowledged to TIME that "if anything, we now need to fight against falling demand and possibly even falling...
...Lima meeting as a newcomer on the international stage. How do you think you'll cope? I'm looking forward to it. With the global economy the main focus, in a sense my previous career as an investment banker puts me in a pretty strong place to understand what's going on and to articulate New Zealand's perspective...
...expect a little bit of everything. Sears has quadrupled the number of items in its sales flyer to 677 this year, from 165 last year. Power discounter Wal-Mart launched Operation Main Street, presenting a new round of markdowns every week until Christmas. Mattel will give a $50 Visa card to those who spend $100 on select Barbie toys. Sears and Radio Shack are urging eco-conscious consumers to dump their power-sucking old equipment, offering gift certificates for the trade-in value. Likewise, Staples offers $30 toward the purchase of a new camera or laptop for buyers who recycle...
...team says its main objective is to showcase the progress it has made to students and the larger Harvard community in Sunday’s match. (The team will also host a luncheon preceding the men’s game...
...took a turn for the worse to start the fall, Yale has continued to give him the ball, and his play has steadily improved. The senior ran for a season-high 138 yards last week, and so clamping down on the run game will remain Harvard’s main defensive focus.“I have a lot of respect for [Brook Hart], being only a sophomore, he has very little experience,” senior corner Andrew Berry says. “We want to put the pressure on him to beat us. That’s what...