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Both Zardari and Kayani will seek from Holbrooke an assurance that the U.S. will pressure India to resolve Kashmir. But Indian Prime Minister Manmohan Singh is unlikely to play ball. India is intractably opposed to any outside mediation on Kashmir, and lobbied successfully to have the matter removed from Holbrooke's mandate. Especially after last November's terrorist attacks on Mumbai--blamed on a Pakistan-based group with long links to Islamabad's intelligence services--any hint of a concession to Pakistan would be hugely unpopular in India. The U.S. has some cards to play: it can offer India nuclear...
...road this weekend to take on No. 2 Penn on Saturday afternoon and No. 1 Princeton on Sunday. The team then returns to Cambridge for its home finale against No. 5 Yale next Wednesday.The Crimson is 2-6 against the three collectively over the past two seasons, but will seek to use the momentum generated by its victory over Trinity to improve on that mark heading into the season-ending Howe Cup.“This win was amazing for everybody on the team. We are going to go in confident, but not too confident,” Mashruwala said...
...magazines that subsist on their ad dollars, up at night (Ambien, anyone?). Direct-to-consumer (DTC) advertising by pharmaceutical companies has always been somewhat controversial. The U.S. is one of only two countries that permit it (New Zealand is the other). Critics claim that these advertisements encourage consumers to seek out overly expensive brand-name drugs from doctors. Their symptoms might not require such medications, and when they do, cheaper generic drugs may be available. Such marketing probably drives up overall health-care costs. More important, new drugs that are aggressively marketed can pose a safety risk. Merck's heavy...
...healthy shape. "They are much less leveraged" than in the past, Walker says. "There has been an aversion to taking on debt in Asia since 1998. There is less vulnerability to a downturn in economic activity." As interest rates around the region fall, Asian companies will begin to seek loans and invest, jumpstarting regional growth. "In that sense, the region is in actually quite a good position to springboard back into recovery" ahead of the U.S. or Europe, Walker says...
...financial industry generally compensates its employees very lucratively, and it is naïve to assume that HMC should behave in any other way. Unless Harvard keeps pace, its top-caliber financial professionals might seek other jobs, leaving positions to be filled by less talented individuals. This same class of alums protested the $107.5 million HMC paid its top officials in 2003. When Harvard proceeded to sharply reduce HMC executive compensation, CEO Jack R. Meyer left the company along with many other successful money managers. It should not be forgotten that, in Meyer’s 15-year tenure...