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Similarly, Greece and Spain are pushing back against speculators who want to short the euro or use it in carry trades, further depressing the already soft currency. Just this week Spain's Finance Minister, Elena Salgado, flew to London to assure bondholders that her country remains solvent and unveil a...

Author: /time Magazine | Title: The Carry Trade: Betting on Bad Currencies | 2/11/2010 | See Source »

The increase in question, released on Feb. 1, augments the current budget for Pell Grants by six percent, raising the minimum grant from $5,500 to $5,710. It will also allocate an additional one billion dollars to the National Institutes of Health, constituting a 3.2 percent increase, the largest...

Author: By The Crimson Staff | Title: No Dollar Left Behind | 2/11/2010 | See Source »

There was interest from the students in SCRB classes as well as the HSCI researchers who were teaching the SCRB classes. Melton and his colleague Kevin C. Eggan, a recent Biology Ph.D. from MIT, started laying the groundwork. After a proposal submission and several rounds of administrative examination, the HDRB...

Author: By Li S. Zhou, CRIMSON STAFF WRITER | Title: Changing the Culture | 2/10/2010 | See Source »

First-term Councillor Leland Cheung made a recommendation yesterday to check the legality of using a runoff election procedure in this year’s mayoral election to speed up the process. The proposal was unanimously passed.

Author: By Rediet T. Abebe, CRIMSON STAFF WRITER | Title: City Fails To Elect Mayor for Sixth Time | 2/9/2010 | See Source »

In response to a question from the audience, Krugman critiqued President Barack Obama’s recent proposal to break up large banks for not addressing “the essence of the financial crisis.”

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Krugman Compares Obama's Policies to Government Stance in Great Depression | 2/8/2010 | See Source »

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