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...KEEP PROGRAM Dodd (D., Conn.) Chambliss...
...Kirschner founded the Medical School’s Systems Biology department six years ago, and still serves as its chair. Kirschner also helped develop a systems biology committee in the Faculty of Arts and Sciences and a University-wide master’s program in systems biology...
...handful of artists are utilizing music's important social role to sing about postwar reconciliation. Songs of peace regularly drift out of Body Guard Studio and are sometimes heard on the radio. Musicians often also spread their message to the countryside through a United Nations development program called Peace Tours, which takes groups of artists and singers to rural areas to talk about peacemaking...
...stimulus package includes spending to strengthen social safety nets and boost domestic consumption, such as subsidies for rural consumers to buy selected electronic goods. In an echo of America's wildly popular cash-for-clunkers car program, a new initiative grants consumers in four provinces and five cities 10% discounts if they trade old electronic goods for new ones. The amounts allocated have been criticized as piddling, but their inclusion in the stimulus spending indicates that China's planners recognize the importance of domestic consumption as a driver of growth, given the steep fall in demand for Chinese exports because...
...challenge for China is to keep wasteful spending at tolerable levels, to eventually exit the stimulus program without stalling economic recovery, and to tighten monetary policy sooner rather than later to avert runaway asset bubbles - but without killing the markets. It's a difficult balancing act, as last week's near meltdown in Shanghai shows. Having gone through the crucible of the 1997 Asian financial crisis, China's planners may be up to the task. Still, they need to be reminded now and again that ham-handed or poorly timed policymaking will hurt not only their economy, but also...