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...teddy bear, covers everything in the room. The design must be clean so it can be fitted to the model, who is soon to arrive. Hays and her model arrive at the Sanctum in the nick of time, the latter looking like an alien from the Elizabethan era. The result is beautiful...

Author: By Diane J. Choi, CRIMSON STAFF WRITER | Title: Alexandra M. Hays '09 | 10/17/2007 | See Source »

...separate bills that require the secretary of the Treasury to report annually on which countries, if any, practice “currency manipulation,” or have exchange rates that give the country an “unfair advantage in international trade” and “result in an accumulation of substantial dollar currency reserves.” According to the recent bills, should a country be identified as a currency manipulator, the U.S. government would then impose punitive antidumping tariffs on imports from the country. In addition, one of the bills stipulates that the Overseas Private...

Author: By Justine R. Lescroart | Title: Overvalued Legislation | 10/17/2007 | See Source »

...yuan is indeed undervalued, and this does negatively affect the U.S. economy: The current exchange rate results in low production costs in China, allowing Chinese businesses to produce products (which they then import to the U.S.) whose prices are lower than the prices of their American-made counterparts. The U.S.-China trade deficit is, in part, a result of this phenomenon...

Author: By Justine R. Lescroart | Title: Overvalued Legislation | 10/17/2007 | See Source »

...Treasury are aware that the undervaluation of the yuan is a problem, and have been taking steps to address it. Treasury Secretary Henry M. Paulson and Chinese Vice Premier Wu Yi’s discussions about U.S. and Chinese economic policies are much more likely to result in positive economic change, including re-evaluation of the yuan, than is heavy-handed congressional legislation. For the sake not only of the U.S. and China’s future relations, but of the global economy at large, Congress should abandon the currency bills that it is currently considering...

Author: By Justine R. Lescroart | Title: Overvalued Legislation | 10/17/2007 | See Source »

...quite. As a Cambridge fall fashion item, the kaffiyeh is neither breezy nor global-chic. It’s just ugly. Some of Harvard’s most fashion-inclined wrap it around their necks like a glorified scarf rather than don it properly as headwear. Unfortunately, the result is less than hip. We have since added the kaffiyeh to the anti-neck accessory list, which includes superstar fashions of the past (including poufy goose down vests to spiked dog collars). The light cottony material is great for protecting eyes and ears from desert sand, but pointless for New England?...

Author: By Sha Jin, CONTRIBUTING WRITER | Title: Sartorially Incorrect | 10/17/2007 | See Source »

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