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...forced into bankruptcy. In France, Citroen and Peugeot are facing financial problems that could get much worse if car sales remain anemic. GM's (GM) Opel unit in Europe needs immediate capital and may be sold at a loss for the No.1 U.S. car company. The Chinese could pick up brands, manufacturing assets, product-development personnel and dealer networks on both sides of the Atlantic...

Author: /time Magazine | Title: China Takes On the Global Car Business | 4/20/2009 | See Source »

...extra money is just part of the story. Along with the new resources come, at least in theory, important changes in the way the IMF functions. In the future, European countries will no longer have an automatic right to pick its managing director, as they do at present. And through a reform of its arcane shareholding or "quota" system, the domination of policy by the U.S. and other developed economies will give way to a more balanced system of governance, under which developing countries such as Brazil, China and Russia will have a greater say. The IMF's focus...

Author: /time Magazine | Title: International Monetary Fund 2.0 | 4/20/2009 | See Source »

...order. Although freshman reliever Will Keuper held the home team to just one run in the final 2.2 innings, Harvard never threatened to catch its rivals. With three wins already under its belt on the weekend, Brown cruised to a clean sweep behind starter Will Weidig, who picked up his first victory of the season. While the Bears now have a shot to catch Dartmouth for the Rolfe Division crown, Harvard finds itself relegated to the role of spoiler, looking to end its season next weekend with stronger efforts against the Big Green.“Dartmouth has always been...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Crimson Quiet as Brown Nabs Crucial Sweep | 4/20/2009 | See Source »

...with one out before junior first baseman Dan Zailskas worked the count to 2-0 to chase Gormley. Zailskas earned a walk, and a double steal by pinch runners junior Sam Franklin and freshman J.T. Thomes gave the Crimson hope. But Kimball struck out the final two batters to pick up his first of two saves on the day.—Staff writer Max N. Brondfield can be reached at mbrondf@fas.harvard.edu...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Harvard Hitters Can’t Find Groove in Losses | 4/20/2009 | See Source »

...that's only about three companies. "The money is concealed in large floating plastic containers, and flown by air and dropped," says Mike Regester, an insurance broker for the London company Cooper Gay, which covers oil and shipping companies for kidnap and ransom. "Then the pirates go out and pick it up," he says...

Author: /time Magazine | Title: Why the Somali Pirates Keep Getting Their Ransoms | 4/20/2009 | See Source »

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