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...renewal this year. Under the current system, student loans can be locked in at guaranteed low interest rates; the government makes up the difference between the fixed rate of 3.5 percent and the various market interest rates at commercial banks. With interest rates rising, the cost of this program rose to $2.1 billion in 2003 from $650 million the year before...

Author: By The Crimson Staff, | Title: Crippling Our Future | 4/19/2004 | See Source »

...pill that raises HDL, the good cholesterol that helps keep arteries clean. A study in the current New England Journal of Medicine reports that the drug torcetrapib boosted HDL levels 46%. When it was combined with the LDL-lowering drug Lipitor, the results were even more dramatic: HDL levels rose 61%, and LDL fell even more than it did with Lipitor alone. But will raising HDL levels mean lower rates of heart disease and fewer deaths? That's what Pfizer hopes to show. If it does, both the drug company and patients could be big winners...

Author: /time Magazine | Title: Health: Cholesterol's One-Two Punch | 4/19/2004 | See Source »

...chemical that carries long-term cancer risk. The recall forced Coke to postpone Dasani's launch in France and Germany. For a company that derives two-thirds of its revenues from international sales, the hits do damage: Coke's stock was flat through the first quarter; Pepsi's rose...

Author: /time Magazine | Title: World Briefing: Apr 19, 2004 | 4/19/2004 | See Source »

...have already felt the impact, even though the first wave of new bonds isn't likely to hit the market until this summer. Just the promise of a new supply can drive down prices on current bonds. Yields, which move in the opposite direction of prices, generally rose the day California voters green-lighted the bonds...

Author: /time Magazine | Title: Investing: The California Bond Rush | 4/19/2004 | See Source »

...thanks to offerings like Bend It Like Beckham, the writings of Jhumpa Lahiri and modish curry cuisine (not to mention Indian software and telephone expertise)--has raised the subcontinent's profile and put it firmly on the traveler's map. The number of foreign visitors to India last year rose 16.5%, to 2.75 million, and the World Travel & Tourism Council predicts India's tourism industry will grow by 7.9% over the next decade, to $28.4 billion, or 4.8% of GDP. India's normally lackadaisical tourist authority has helped refine the allure with an advertising campaign featuring a stunning series...

Author: /time Magazine | Title: The Global Life: India Unvarnished | 4/19/2004 | See Source »

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