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...believes the U.S. needs to encourage foreign governments to hold a range of U.S. investments, instead of just funneling all of their money into say Treasuries or mortgage bonds. One way to do that is to require foreign governments or investors who only buy Treasuries or mortgage bonds to place a certain portion of their U.S. investments in an account at the Federal Reserve. Rather than park their money at the Fed, Caballero contends that many investors will choose to put their money into riskier U.S. investments...

Author: /time Magazine | Title: Did Foreigners Cause America's Financial Crisis? | 1/15/2010 | See Source »

...situation, despite its seeming trappings of sheer impossibility, was starkly real on the television screen before him. The capital of his mother's native country—a place that Arbuthnott had recently visited for the first time over New Year's for a little over a week—had suffered a 7.0 magnitude earthquake...

Author: By Xi Yu, CRIMSON STAFF WRITER | Title: Harvard Lends Helping Hands to a Shaken Country | 1/15/2010 | See Source »

Meyer racked up his second first-place finish in the 500-yard freestyle, with a time of 4:36.09. The Ithaca, N.Y.-native was followed in this race once again by Brunnick, who finished...

Author: By Alexandra J. Mihalek, CRIMSON STAFF WRITER | Title: Crimson Capitalizes On Winter Break Races | 1/14/2010 | See Source »

Sophomore Rob Newell was Harvard’s third swimmer to claim multiple first-place finishes during the contest. Newell won both the 100-yard and 200-yard backstroke events, touching the wall in 51.91 and 1:51.38, respectively...

Author: By Alexandra J. Mihalek, CRIMSON STAFF WRITER | Title: Crimson Capitalizes On Winter Break Races | 1/14/2010 | See Source »

That sense of resignation is common these days in the one-stoplight town of Frostproof, where the Story Companies, the family's citrus enterprise, has a number of groves. Located in Polk County, which produces more citrus fruit than any place in the U.S., Frostproof got its name in the 1890s, when its trees were somehow spared some of that decade's citrus-killing winter freezes. But the moniker has been sorely tested during this month's Arctic blast, not so much because of the plummeting nighttime temps but because of how long they're lasting this year - almost...

Author: /time Magazine | Title: Freezing in Frostproof: Saving Florida's Oranges | 1/14/2010 | See Source »

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