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...mortgage bonds filled with risky home loans and then passing those bonds off as safe investments to foreign investors. "Most of the blame for the financial crisis lies in the choices that were made inside the U.S.," says Anil Kashyap, an economics professor at University of Chicago's Booth School of Business...

Author: /time Magazine | Title: Did Foreigners Cause America's Financial Crisis? | 1/15/2010 | See Source »

...problematic. And the worldwide recession is reducing the funding available to keep malaria-control initiatives going. As a new avenue of attack, the PATH Malaria Vaccine Initiative (MVI) - which is funded by the Bill & Melinda Gates Foundation - on Friday, Jan. 15, announced a collaboration with the Johns Hopkins Bloomberg School of Public Health and the Sabin Vaccine Institute to create a whole new kind of malaria vaccine. Called a transmission-blocking vaccine (TBV), it is aimed not at protecting individuals from the disease but at preventing mosquitoes that carry it from spreading it. (See TIME's health and medicine covers...

Author: /time Magazine | Title: Hopes for a New Kind of Malaria Vaccine | 1/15/2010 | See Source »

...faculty members from the Medical School traveled to Haiti on Wednesday, joining the staff of Partners In Health—a non-profit Harvard affiliate—in providing aid to the residents of the mountainous Central Plateau through its non-governmental health clinics...

Author: By Xi Yu, CRIMSON STAFF WRITER | Title: Harvard Lends Helping Hands to a Shaken Country | 1/15/2010 | See Source »

...bloody border war in 1979, and in 1988 a naval battle near the Spratlys left 70 Vietnamese sailors dead. But it comes amid a steady buildup of Chinese might in the region. Ralf Emmers, an expert on the South China Sea and associate professor at the S. Rajaratnam School of International Studies in Singapore, says the Chinese tourism gambit is a move "to make its sovereignty claims over these islands a fait accompli." Vietnam watchers point to an escalation of tensions since the 2007 completion of a strategic Chinese submarine base on Hainan Island, just over 124 miles...

Author: /time Magazine | Title: China and Vietnam: Clashing Over an Island Archipelago | 1/14/2010 | See Source »

...center President to be elected in more than 50 years, won office with the support of indigenous, rural Mayans and vowed to help alleviate widespread poverty in the countryside with programs that have angered the nation's oligarchy, including cash rewards to poor parents who send their children to school regularly...

Author: /time Magazine | Title: The Guatemalan Who Ordered His Own Murder | 1/14/2010 | See Source »

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