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...because of excess world growth," Walker says. "Domestic demand is the strong component." He also argues that Asia could take the lead in a global recovery, and might show signs of an upturn by early 2010. The turnaround will be sparked by Asian companies, which generally are in 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...

Author: /time Magazine | Title: Pundit: China's Economic Growth Could Stop | 2/3/2009 | See Source »

...Allison Jr.—who met Power when she was a third-year student at Harvard Law School and later co-edited a book on human rights with her—said that Power’s academic work may provide the best clues for how she will shape foreign policy in her new role...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Harvard Prof. Power Tapped for NSC | 2/3/2009 | See Source »

...squat toilets, was hidden by cloth after Bulgaria’s ambassador to the EU protested and sent a note to the Czech government. Many other nations have been similarly offended by its crude suggestions. Portugal is represented as a cutting board with three pieces of meat in the shape of its former colonies, the UK is absent as a reference to its Euroskepticim, and some claim that Denmark, built of Legos, depicts faces similar to those of the cartoon controversy...

Author: By Olivia M. Goldhill | Title: The Art of Tact | 2/3/2009 | See Source »

...when she called and told me she was pregnant, I was excited for her. It doesn't mean her basketball career is over. And I think Candace is very dedicated to working out. I don't think she'll have a problem working herself back into great shape, and playing in the league. And to criticize that - it's her personal choice...

Author: /time Magazine | Title: Q&A: Tennessee Coach Pat Summitt | 2/2/2009 | See Source »

...McGovern, does not always provide the same services that district schools must offer. “As it stands now, it’s not an equitable funding formula. Allowing more charter schools is going to make things worse in terms of funding. We’re in tough shape here in Cambridge. I don’t think that’s the way to go.” —Staff writer Michelle L. Quach can be reached at mquach@fas.harvard.edu...

Author: By Michelle L. Quach, CRIMSON STAFF WRITER | Title: Patrick To Raise Charter School Spending | 2/2/2009 | See Source »

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