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Until recently, this was a specialized niche. But now it "has gone from being the exclusive domain of some clean-tech funds to being a demand of major investors," says Nick Robins, head of the HSBC Climate Change Centre of Excellence. Indeed, buyers today have their pick of hedge funds that focus on rapid-fire trading to corporate pension funds that are required to put some portion of their money in socially responsible investments. Meanwhile, a slew of new mutual funds is selling individual investors on the heady growth prospects of companies in areas like cleaner energy or environmentally friendly...
...member Matthew F. Basilico ’08, is characteristic of Connie E. Chen ’08—and perhaps misleading. A snapshot of Chen’s resume reveals a person of Herculean capabilities: a Detur Book Prize winner, John Harvard Scholar, pre-med econ major interviewing for both medical schools and consulting firms (just landing a job at McKinsey & Co.) who has also spent one summer drafting a $31 million grant for malaria and AIDS intervention in Cambodia, another documenting sex workers in Kenya, and the times in between working in various organizations across campuses...
...more complex. Though its strikes have thus far been limited to Algerian soil, the group claiming responsibility for the strikes - al-Qaeda in Islamic Maghreb (AQIM) - has signaled its desire to internationalize its jihad. With Tuesday's violence marking the first time AQIM has struck foreign targets in a major attack in Algeria, security officials fear it signals a significant broadening of the group's terror action that will inevitably reach Europe itself...
...That's especially true, authorities say, given the tactics employed by AQIM. Signature attacks have alternated smaller strikes on police and military outposts with major operations like the double car-bombing of government buildings last April that killed 33. Targets have been mixed between symbols of the Algerian state whose location also assures civilian casualties, and hit-and-run attacks on employees and infrastructure of foreign businesses. Tuesday's bombing showed an intersection of those variables, with the first massive explosion rocking the Algerian constitutional and supreme courts; and the second badly damaging the U.N. High Commissioner on Refugees...
...year and was expanded in 2006 to eliminate contributions from families making less than $60,000. In response to questions about Harvard’s new initiative, Yale’s president, Richard C. Levin, told the Yale Daily News yesterday that the university would make a major announcement regarding financial aid in January. Harvard’s new financial aid plan, affecting families that have historically received less financial support, requires a greater financial commitment from the College. This expansion in aid will increase the College’s grant budget from $98 million to almost $120 million, significantly...