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University President Drew G. Faust adopted a task force's recommendations for addressing climate change on Wednesday, committing Harvard to reducing its greenhouse gas emissions 30 percent below 2006 levels...
...this is about margins," says Larry Sabato, director of the University of Virginia's Center for Politics. "Rural voters like to judge candidates up close and personal. The more they see of Obama, the less strange and foreign he will become. The acceptability quotient can shave a few percent off McCain's rural majorities, enabling rural people upset about the economy or Iraq or Bush to vote for Obama...
...Hyperinflation, estimated at 1 million to 2 million percent per year, is running rampant in the economically devastated country. Zimbabwe's central bank cannot keep up with the demand for ever larger bills and the paper to print them...
Prices for commodities—goods such as copper, wheat, or oil—jumped by almost a quarter for the first 10 months of the fiscal year, according to the Dow Jones-AIG Commodity Index. The letter, released last August, estimated Harvard's investment in commodities at 17 percent of the endowment for fiscal year 2008, making it their single largest investment by asset class. That number reflects a near tripling of the share of the endowment invested in commodities since...
...this heavy investment insulated Harvard's endowment from rocky market conditions through April, it likely aided returns for the last two months as well. The Dow Jones-AIG Index commodity prices rose another 12 percent in May and June based largely on spikes in the prices of oil and corn futures...