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...Michele Polo, a professor of economics at Milan's Bocconi University, says liquidation may now be the only option remaining. Polo doesn't see the logic in trying to keep the airline afloat just to maintain its Italian identity, and he expects that Italy's No. 2 airline, AirOne, and foreign carriers will almost certainly fill the profitable Rome-Milan route, while low-cost carriers will jump on other Italian destinations. "The market will do its job," he says. "This kind of evolution would bring more competition." A significant number of laid-off Alitalia employees would eventually be rehired...

Author: /time Magazine | Title: What if Alitalia Fails? | 9/22/2008 | See Source »

...past few years —to this week’s announcement of an $85 billion loan for AIG, the Federal Reserve has offered a steadying hand in our current financial crisis. Though one might argue that the explicit mandate of the Federal Reserve is to maintain growth and control inflation, no two goals are more closely wedded to the economic well-being of the average worker and consumer. Therefore, it is essential that the government support both the nation’s largest mortgage provider and one of the largest insurers, lest they fall completely, levying a harsh...

Author: By The Crimson Staff | Title: A Worthy Rescue | 9/18/2008 | See Source »

...dilemma in designing energy-efficient buildings is to maintain a comfortable environment for occupants while at the same time reducing the amount of energy needed to maintain it,” Bechthold said...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: GSD Launches New Track | 9/18/2008 | See Source »

...course, there's a worst-case scenario: that McCain would, if elected, maintain his predecessor's chilly relationship with Spain. Spaniards may, on the whole, revile American politics and American comida de basura (junk food), but they still tend to measure their Prime Minister's international worth by the esteem with which the U.S. President holds him. And so, for the past four years, the Spanish Prime Minister has tried, ever so earnestly, to prove that he's one of the big boys. At every international summit he has tried to maneuver himself into position for a photograph with Bush...

Author: /time Magazine | Title: The Pain in Spain Falls Mainly on McCain | 9/18/2008 | See Source »

...With the police apparently unable to maintain order, in some parts of the country government supporters began to organize themselves to defend the government, sparking increasingly bitter confrontations. It took until last Friday for Morales to declare martial law and send troops into the regional department of Pando. There, on Tuesday, they arrested Leopoldo Fernandez, the Prefect of the Pando department, accusing the opposition leader of spearheading violence...

Author: /time Magazine | Title: A Brewing Civil War in Bolivia? | 9/17/2008 | See Source »

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