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...major indicator headed upward was government spending, but only at a 1.6% annual pace. That should rise significantly starting in the second quarter of this year as spending from the recently enacted stimulus package begins to be felt. The effectiveness - or lack thereof - of the stimulus measures will probably determine where this recession goes down in the history books...

Author: /time Magazine | Title: A 6.2% Drop in GDP: Is the Worst Yet to Come? | 2/27/2009 | See Source »

...According to the Harvard Foundation, the choice of Aykroyd as celebrity guest helps to achieve the two major goals of Cultural Rhythms. “The show’s aim is showcasing diversity by putting Harvard performing groups on a big stage where students and those in the Boston area unable to attend smaller shows can see them,” says Hairston. However, the Harvard Foundation also hopes to provide entertainment to students and the general community with this production. “We’re going to keep this show consistently fun and funny...

Author: By Keshava D. Guha, CONTRIBUTING WRITER | Title: Diversity Remains Focus of Cultural Rhythms | 2/27/2009 | See Source »

...have claimed that the government’s worst-case economic condition forecasts are too weak, making the tests inadequate. Still, the tests should provide valuable information on the health of our banking system, and the administration was wise to order them. Should the results eventually show that any major bank is undercapitalized, the government should not hesitate in taking it into receivership...

Author: By The Crimson Staff | Title: (Don't Fear) the Receiver | 2/27/2009 | See Source »

...think the engagement and leverage that major customers have can drive change as well,” he said...

Author: By Margherita Pignatelli, CONTRIBUTING WRITER | Title: Harvard Ends Deal With Russell | 2/26/2009 | See Source »

...power-sharing agreement between the opposition and President Robert Mugabe's ZANU-PF Party could see progress on restarting Zimbabwe's moribund economy. And it's rumored that Gono's job may be on the chopping block. Foreign investors are eager to dive back into the fray, sensing major opportunities in an economy that will have to be rebuilt almost from scratch. One client of African Banking Corp. is ready to multiply its investments by a factor of 20 once the dire political situation stabilizes. Others remain cautious. "When we see a solid set of reform processes with realistic objectives...

Author: /time Magazine | Title: 25-Min. Workweek on Zimbabwe's Stock Exchange | 2/26/2009 | See Source »

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