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Harvard is borrowing $480 million to refinance its debt and to fund capital projects on campus, including the construction of a new Harvard Law School building, according to a credit rating report released Friday by Moody's Investors Service...
...Bigger Medicaid Tab Of the 31 million uninsured people who would gain coverage under a revamped health system, about half would do so through a vast expansion of Medicaid - the state-and-federal health care program for the poor. The Senate bill would make eligible anyone earning up to 133% of the federal poverty level (for a family of four, an income of about $29,300 a year); the House bill would lift that threshold to 150% of poverty (or about $33,000 for a family of four...
...Senate bills would pay the states' share of the cost of the new patients over the first two years and up to 95% after that. But states would still face an enormous new financial obligation. There is also the question of finding enough providers to care for 15 million new patients. "It is a huge load on the states at a time when we are still climbing out of the recession," Tennessee Governor Phil Bredesen said this week in Nashville. His state - already facing $1.5 billion in budget cuts this year and next - has estimated that the Senate version would...
...After a case of mad cow disease was discovered in Washington state in 2003, 65 nations imposed partial or full bans on U.S. beef, plunging the American beef industry's exports down by over 75%. Those numbers have yet to recover to their 2003 level of over 1.2 million metric tons, even as nations have softened their positions. Japan, the U.S.'s biggest export market, along with Hong Kong, Taiwan and other countries retrenched slightly in 2006, instituting new, partials ban on beef parts thought to be prone to potential infection. South Korea lifted its U.S. beef...
...Because of Malaysia's ethnic makeup, religion is a sensitive issue, and any religious controversy is seen as a potential spark for unrest. Some 60% of Malaysia's 28 million people are Malay Muslim, while the rest are mainly ethnic Chinese, Indians or members of indigenous tribes, practicing various faiths including Buddhism, Christianity, Hinduism and animism. Among Christians, the majority Catholics number about 650,000, or 3% of the population. Despite Malaysia's diverse national complexion, political Islam is a growing force, and the country operates under two sets of laws, one for Muslims, the other for everyone else...