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...detailed security plan if it were to close the substation. Medero could not be reached at his home last night for comment, and Stephen G. Catalano, a spokesman for HUPD, declined to comment beyond the University’s statement. ‘FOOLISHNESS OR HYSTERIA’? Recent media coverage has drawn attention to Allston’s rat infestation, which some locals say was created by the excavation for Harvard’s Science Complex. But University and Boston officials as well as other local residents maintain that the rats long precede Harvard’s construction...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Conflicting Reports on Substation | 5/8/2009 | See Source »

...government are fudging them. Nouriel Roubini, the hard-headed pessimist who foresaw the financial crisis, wrote Tuesday in the Wall Street Journal that the overall positive message of the stress tests "would be good news if it were credible," but it's not. He points to the recent IMF report that estimated $2.7 trillion in U.S. loan and security losses, and his own estimate of $3.6 trillion for the same potential losses. "The financial system is currently near insolvency," he concluded. Bernanke disputes the numbers, saying banks have "taken significant write-downs, they have reserves and there are substantial earning...

Author: /time Magazine | Title: Stress Tested: Has Geithner's Bank Confidence Game Worked? | 5/8/2009 | See Source »

...Françafrique is a Gaullist creation that integrated leaders from France's African sphere as virtual members of the French political and strategic élite," explains Antoine Glaser, a specialist on Franco-African relations, and author of the recent book Sarko in Africa. "That relationship has been based on French recognition of services rendered, and meant the interests of African leaders and their families that make up the first circle of power have come before the actual populations they're supposed to represent...

Author: /time Magazine | Title: The Enrichment of Africa's French Allies | 5/8/2009 | See Source »

...Tata officials say they expect demand to be strong, even though India's once-booming real estate market has been deflated by a slowing economy and the global credit crunch. India has a shortage of 24.7 million dwellings in its major cities, according to a recent joint study by McKinsey and the Federation of Indian Chambers of Commerce. Housing shortfalls are exacerbated by migrant workers streaming into many cities who are forced to live in slums made up of shanties lacking basic amenities like sanitation and running water. Roughly 70% of India's 1.2 billion people live on less than...

Author: /time Magazine | Title: From India: First Nano's $2,000 Car. Now the $7,800 Nano Home | 5/8/2009 | See Source »

...history and solidify the government's control of the past. But the real aim of the law may be to provide the Kremlin with another rhetorical tool with which to attack governments of former Soviet Republics and Eastern Bloc countries that have increasingly moved towards the West. The most recent example - which is still making waves in Russia - was the 2007 row in Estonia over the moving of the statue of a Red Army soldier from a central Tallinn square to a nearby war cemetery, a decision which triggered riots and caused an international incident. (Read: "Estonians Under Siege...

Author: /time Magazine | Title: Russia Moves to Ban Criticism of WWII Win | 5/8/2009 | See Source »

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