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...malaria, which has for so long had its way with us, may at last have met its pharmaceutical match. Two breakthrough papers published early Monday morning in the New England Journal of Medicine report the success of a pair of new vaccines tested in groups of children in Africa. That could open the door to sweeping trials of the vaccines in seven African nations by early 2009 and a completed formulation ready for approval by 2011. "We are," says Dr. Christian Loucq, director of the PATH Malaria Vaccine Initiative, "one step closer to the day when malaria will join diseases...

Author: /time Magazine | Title: A Vaccine That Could Help Wipe Out Malaria | 12/8/2008 | See Source »

...fully capture the actual losses from the four-month period, Harvard’s Executive Vice President Edward C. Forst ’82 said in an interview last week, noting that some of Harvard’s money is invested with external managers that have yet to report their latest figures...

Author: By Wyatt P. Gleichauf and Clifford M. Marks, CRIMSON STAFF WRITERS | Title: $1.5 Billion in Debt Sold To Raise Cash | 12/8/2008 | See Source »

Harvard invests over a fifth of its endowment in assets that are difficult to convert into cash, such as private equity and real estate, according to Harvard’s September annual report...

Author: By Wyatt P. Gleichauf and Clifford M. Marks, CRIMSON STAFF WRITERS | Title: $1.5 Billion in Debt Sold To Raise Cash | 12/8/2008 | See Source »

When President-elect Barack Obama met with America's governors earlier this week, he got an earful about the recession-induced budget crisis they face. On Thursday those words of woe were backed up by a fresh report on the rapidly deteriorating condition of state finances. Revenues are dropping so fast that state budget cutters can't keep up, according to a report released by the National Conference of State Legislatures (NCSL). States that collectively cut $40 billion in spending to balance their budgets over the summer are now facing an additional $32 billion shortfall as tax receipts come...

Author: /time Magazine | Title: States' Financial Outlook: Getting Worse Fast | 12/5/2008 | See Source »

...More program cuts seem inevitable as states are squeezed by rising costs for health care and education on one side and falling revenue on the other. According to a November survey of legislative fiscal officers included in the report, 18 states are seeing personal income tax come in below target, 26 states are watching sales tax fall below forecast, and 21 states are finding corporate income taxes to be less than what they expected. "State lawmakers knew that revenue growth was slowing, but no one could have foreseen just how dramatically the situation would change in a few short months...

Author: /time Magazine | Title: States' Financial Outlook: Getting Worse Fast | 12/5/2008 | See Source »

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