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...there to befriend one another, tell their stories, or voice their complaints. For those who want others to know all about them or who have unrevealed grievances about life, these are wonderful online destinations. They are a good place to leave messages for friends, propose marriage, and post the scores from the local high school football team. They are not a place where an advertiser can focus on a single group with a message aimed at those people, because no one knows exactly who those people are. For a company trying to sell products or services, Facebook is mayhem...
...Meanwhile, America’s strongest allies in Western Europe—particularly Germany—have been reluctant to criticize the post-Soviet oligarchy (or “managed democracy”) that supplies them with vital natural gas. This divide has persisted even in spite of a recent announcement by President Dmitri Medvedev that Russia would embark on a massive new spending and modernization scheme for its outdated military. Therefore, a new energy security policy—one that effectively minimizes the risk of overt dependency on Russia while investing in alternative and renewable technologies—should...
According to Post and Currier blogger Travis Haney, coach Fitz remains terrifying as ever, with all of his focus formerly devoted to 41 Harvard teams now channeled solely towards Gamecocks football. The title of the post ("Craig Fitzgerald Scares Me") says it all. Can we get a "Why am I not surprised?" from an athlete in the room...
...some media outlets.A recent Forbes cover story stated that Harvard’s “supremely self-confident money managers” were in a “cash-raising panic” after billions of dollars in derivatives investments went sour—forcing the University to post collateral it did not have. The dire situation, the article said, forced Harvard to pay unfavorably high interest rates to raise the necessary funds.But other finance experts said the issuances were less the result of poor decision making in the past and more a reflection of the unpredictably volatile market...
...Reform of international financial institutions. The World Bank and IMF originated in planning for post-World War II economic reconstruction, and there is broad agreement that their mandates need rethinking. The IMF needs a fresh injection of cash if it is to help stabilize economies in a mess, and developing world nations - who will lead the recovery, when it comes - are campaigning for a greater role in shaping the priorities of these institutions. Expect the issue to be punted downfield for further discussion later in the year...