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...language of central bankers that means inflation is a non-issue at the moment and that Europe's monetary czars are now focused on ensuring that there is enough liquidity in circulation to keep the economy moving. With prices for oil and other major commodities falling, Trichet predicts a sharp drop in the inflation rate to between 1.1% and 1.7% next year from 3.2% to 3.4% this year. "This is a very significant rejection of everything that they've said before," said Jörg Krämer, chief economist at Commerzbank. "There will be a further interest rate...

Author: /time Magazine | Title: Is Europe's Central Bank Missing the Crisis? | 12/4/2008 | See Source »

...tonight,” said Finelli, who finished the game with 15 points on 6-for-8 shooting. “For the first time we were able to put together a full 40 minutes.”The story of the night was the Crimson’s sharp-shooting and its high-pace transition offense. Harvard finished the game shooting 57 percent from the floor, and its 81 points were a season-high.The Crimson pushed the tempo throughout, scoring 28 points off the Wildcats’ turnovers, and 14 on the fast break...

Author: By Jay M. Cohen, CRIMSON STAFF WRITER | Title: Harvard Women Roll Over New Hampshire | 12/4/2008 | See Source »

...Jones is known for having sharp political skills of his own, which is one reason William Cohen recruited him to be his senior military assistant when Cohen, a Republican, was Defense Secretary in the Clinton Administration. "I wanted Jim because he knew where the bodies were buried," Cohen says. "And I wanted to make sure that mine wasn't among them." What could make Jones' job easier is the fact that both Clinton and Gates respect him. Clinton knows him through her tenure on the Senate Armed Services Committee, and Gates, though he's never worked with Jones, knows...

Author: /time Magazine | Title: Obama's New World Order | 12/4/2008 | See Source »

...just discrete events like economic releases weighing on the market. There's also the downward pressure - at times dull, at other times sharp - of institutional investors selling out of their stock positions. Part of October's swoon came from hedge funds raising cash to pay investors demanding their money back. While mutual fund redemptions have been a growing part of the story since then, we could still see more forced selling from hedgies...

Author: /time Magazine | Title: The Recession Is Made Official — and Stocks Take a Dive | 12/1/2008 | See Source »

...Board against a student’s will.Beyond the mere act of protest, however, the SFJB takes concrete steps toward the transparency and student advocacy we would like to see the Ad Board emulate. First off, the Board permits students to opt for open hearings—a sharp contrast from the Ad Board’s closed proceedings. While the SFJB may vote such a request down by a two-thirds majority vote, even allowing students the option of public hearings provides a healthy counter to the perception of opacity that plagues the current Ad Board. Moreover, the SFJB...

Author: By The Crimson Staff | Title: Board Games | 11/30/2008 | See Source »

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