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...remarks in Tampa - is just a tiny percentage of what it would cost to significantly overhaul the country's rail system. And there are concerns that by spreading the funds to so many different projects in so many different states, it won't be possible to make a real difference in any one place, as Mark Reutter wrote in a new report for the Progressive Policy Institute. It doesn't help that the one region that could most obviously benefit from truly high-speed rail - the Boston-to-Washington corridor - received a mere $112 million in funding, in part because...

Author: /time Magazine | Title: Can High-Speed Rail Succeed in America? | 1/29/2010 | See Source »

...report also found that universities increased their use of “alternative strategies”—branching into private equity, real estate, and commodities—and held more cash and short-term securities in 2009 compared to 2008. The percentage of holdings invested in both domestic and international equities declined on average across universities...

Author: By William N. White, CRIMSON STAFF WRITER | Title: Large University Endowments Down Average of 20.5 Percent | 1/29/2010 | See Source »

Similarly, Yale’s endowment managers blamed much of their losses in 2009 on real estate, energy, and commodities...

Author: By William N. White, CRIMSON STAFF WRITER | Title: Large University Endowments Down Average of 20.5 Percent | 1/29/2010 | See Source »

...China is facing the consequences of its largesse. Fears are rising that Beijing's easy-money policies have fueled a potential property-price bubble. According to government data, average real estate prices in Chinese cities jumped 7.8% in December from a year earlier - the fastest increase in 18 months. The credit boom has also sparked worries about the nation's banking system. Many economists expect the large surge in credit to lead to a growing number of nonperforming loans (NPLs). In a November report, UBS economist Wang Tao calculates that if 20% of all new lending...

Author: /time Magazine | Title: India vs. China: Whose Economy Is Better? | 1/28/2010 | See Source »

...India's banks. A January report by economic-research outfit Centennial Asia Advisors noted that based on available data, "there was no sign that domestic banks' nonperforming assets were deteriorating materially." Nor do analysts harbor the same concerns that India's monetary policies are sending prices of Indian real estate to bubble levels. "India's growth, though less stellar, does have the reassuring factor that the [risks of] asset price bubbles are less," says Rajat Nag, managing director general of the Asian Development Bank in Manila...

Author: /time Magazine | Title: India vs. China: Whose Economy Is Better? | 1/28/2010 | See Source »

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