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...result of these cost-cutting measures and the recent layoffs, "we believe our long-term budget is now sound," Ellwood wrote. He added that "barring any unexpected developments" and excluding normal staff attrition, he does not anticipate the need for further School-wide layoffs...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HKS Cuts 18 Staffers To Close Budget Gap | 6/30/2009 | See Source »

North Korea's woes are a direct result of the regime's refusal to change its outdated economic system. Unlike China's leaders, who linked market-oriented reforms to the Communist Party's survival, Kim Jong Il and his cohorts see economic openness as a threat to their power and have in recent years intensified state control over the economy...

Author: /time Magazine | Title: North Korea's Other Crisis: An Economy in Tatters | 6/30/2009 | See Source »

...engagement with the North, Seoul became a major trading partner and source of aid, especially of much needed fertilizer. But current South Korean President Lee Myung Bak reversed the policy when he took office in 2008, linking economic cooperation with Pyongyang's dismantlement of its nuclear-weapons program. The result is that North Korea is now more dependent than ever on its main patron, China. Nicholas Eberstadt, a North Korea expert at the American Enterprise Institute in Washington, figures that the gap between the amount of goods China ships into North Korea and what it receives in return has quadrupled...

Author: /time Magazine | Title: North Korea's Other Crisis: An Economy in Tatters | 6/30/2009 | See Source »

...although too late for those who died over the decades after having served France's strategic interests. On Tuesday, the French Parliament approved legislation providing care and compensation to people exposed to radiation during France's nuclear testing and who have fallen or may yet fall ill as a result...

Author: /time Magazine | Title: France Votes to Pay Nuclear-Testing Victims | 6/30/2009 | See Source »

...elected Venezuela's President in 1998. But Obama needs to remember how sorely the memory of a failed 2002 coup attempt against Chávez still lingers in Latin America - and how convinced the region remains (not without reason) that the Bush Administration backed it. As a result, Obama may find that while he'd like to be the voice of dialogue, Latin leaders of all political stripes are likely to exhort him to come down hard on what Zelaya called the "kidnapping" of a democratically elected President. (Read about U.S. gang members being deported to Honduras...

Author: /time Magazine | Title: The Honduran Coup: How Should the U.S. Respond? | 6/29/2009 | See Source »

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