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...poor afford AIDS vaccines (even the generic ones cost over $100 a year) and could prevent the nightmare scenario of millions of orphans ripe for recruitment by militants. Development would also enable weak states—debilitated by meager tax revenues, a dearth of human capital and rampant corruption—to improve their domestic security. Unable to uphold basic law and order throughout much of their territory, weak states can become safe havens for terrorists. Those with materials useful for making WMD—such as the nuclear stockpiles in the ex-Soviet states—often lack...

Author: By Eoghan W. Stafford, CRIMSON STAFF WRITER | Title: Simply Staggering | 5/5/2004 | See Source »

...China," says Hhu Ng, a portfolio manager at the Cundill Group in Vancouver, "you fear for your life sitting in a cab because there's no regard for traffic laws. How much confidence should you have then in China's business laws?" Not much. Corruption is rampant, copyright and patent piracy is a way of life, regulation of the financial markets is murky, and Chinese accounting standards could turn the con men of Enron and WorldCom green with envy. What's more, the Chinese banking system is dominated by the government, with loans tending to go to political cronies, state...

Author: /time Magazine | Title: Money: Bullish on China? | 5/3/2004 | See Source »

...riding on whether Beijing's technocrats can manage a soft landing. China's investment boom is being driven in part by rampant borrowing, which the central government has tried to curtail by requiring banks to put more of their funds on reserve, thus taking money for loans out of circulation. The strategy seems to be having little impact, partly because China's banks have close ties to local governments, which often have stakes in local companies and property developments-a strong incentive to ignore Beijing and keep lending. "Irrational investments in redundant low-level construction projects ... have not been controlled...

Author: /time Magazine | Title: Bubble, Bubble, Toil and Trouble | 4/19/2004 | See Source »

...bashing in the venerable pages of The Harvard Crimson (Letters, “Getting Quadded Is Not The Worst Thing That Can Happen,” April 5). But, surely, he is not to blame—his letter is merely evidence that he has been infected by a rampant epidemic that is coursing through the Harvard campus: Dunsteritis...

Author: By Samuel H. Lipoff, | Title: Lurie, And Campus, Is Inflicted With Dunsteritis | 4/12/2004 | See Source »

...Foster, Bach and Mahatma Gandhi. Next is the upbeat “Ant,” whose background horns make it ska-like. Although the trumpet, trombone and tuba add a nice dimension to the song, the band may have gone a little overboard near the end, finishing with rampant woodwind nonsense...

Author: NO WRITER ATTRIBUTED | Title: New Music | 4/9/2004 | See Source »

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