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...Canada's central bank also slashed its overnight rate three quarters of a percentage point, to 1.5%, the lowest level since 1958 when John Diefenbaker was prime minister. The move is intended, in part, to prop up sinking consumer confidence and provide some much-need relief for key sectors such as forestry, mining and oil that have been particularly hard hit in recent months by a commodity bust. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Canada Faces Recession — and a Political Crisis Too | 12/15/2008 | See Source »

...many members of the Bush administration, “who have been opposed to good stewardship for the environment,” he said. Page also said he was worried that with the impending economic crisis and the drop in oil prices, “the government will not move as fast as possible” to reduce carbon emissions. “This has to go ahead regardless,” he said. Lyman Antolini expressed similar sentiments in her Nov. 30 sermon at St. James Episcopal Church in the Square, where she announced that the church would...

Author: By Mac Mcanulty, CRIMSON STAFF WRITER | Title: Church Bells Go Green | 12/15/2008 | See Source »

...Some are moved to create currencies for environmental reasons: they minimize the use of energy. With diminishing oil supplies, "we will not be able to move goods around the world as cheaply," says North. One strategy, he says, is to produce more locally, and a way to facilitate that is through local currency. This was one inspiration for the Lewes Pound and for the Totnes Pound in Devon, England. Both towns are part of the Transition Town movement, which seeks creative, upbeat, community-based approaches to dealing with climate change and diminished oil reserves...

Author: /time Magazine | Title: Alternative Currencies Grow in Popularity | 12/14/2008 | See Source »

...Senior Sarah Wilson scored her eighth goal of the season, assisted by Vaillancourt. “I took the puck, stole it from one of the players, and it was a 2-on-1,” Vaillancourt said. “I carried the puck and made a move on the defense and passed it to Wilson and she redirected it right away into the net.” Harvard came into the second period firing, netting a goal at 2:21 on a power play. Assisted by sophomore Liza Ryabkina and Vaillancourt, Buesser earned the goal that...

Author: By Alexandra E. Zimbler, CRIMSON STAFF WRITER | Title: Losing Streak Drops Crimson Under .500 | 12/14/2008 | See Source »

...most bald political plays under the Mayor - the 2003 wrecking of Meigs Field, a lakefront VIP and recreational airport that Daley, in the dark of night, ordered bulldozed to make way for a huge park. And Harris helped shepherd the O'Hare International Airport expansion project, a controversial move to grow one of the world's busiest airports that put Daley at odds with suburban mayors and others...

Author: /time Magazine | Title: Could Blago Cause Trouble for Daley? | 12/13/2008 | See Source »

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