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With the collapse of Lehman Brothers and the uncertain future of AIG, BVG fears that the U.S. investors could demand as much as $200 million in additional collateral. As a precaution, the transit company has taken a risk provision of €157 million ($208 million) on its balance sheet. BVG...

Author: /time Magazine | Title: German Cities Suffer in the U.S. Financial Crisis | 4/9/2009 | See Source »

In many Harvard classes, students benefit from the chance to drop a dismal midterm or wayward problem set. Unfortunately for Crimson baseball, there is no such provision for a single devastating inning. Harvard (7-20, 5-3 Ivy League) allowed six runs in the second against Bryant University (24-9...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Second Inning Woes Doom Crimson Against Bryant | 4/9/2009 | See Source »

“There’s a provision in our agreement for consultation and serious discussion with our Union and affected employees in any situation where Harvard considers changes that would result in layoffs,” Jaeger said.

Author: By Bonnie J. Kavoussi and Noah S. Rayman, CRIMSON STAFF WRITERSS | Title: FAS Staff Sign Buyout Packages | 4/7/2009 | See Source »

At the same time, the Senate is also expected this week to consider other energy amendments to the budget resolution being crafted. The House version of the budget, which is just a rough, nonbinding blueprint for Congress' spending priorities in the coming fiscal year, includes a provision that would allow...

Author: /time Magazine | Title: Congress Launches Opening Gambits on Global Warming | 4/1/2009 | See Source »

Their main apprehension centers on a mandatory registration process. Both foreign and local NGOs must register with a government directorate. Registration in and of itself is not a problem, activists say, but the proposed legislation - which will now go before the Parliament and must be signed into law by the...

Author: /time Magazine | Title: The Iraqi Government's New Target: Do-Gooders | 3/29/2009 | See Source »

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